Everything is connected. We can all agree on that can't we? For each and every action there is an equal, and equally important, reaction. This realiza...
There is an assault on corporate taxes in two areas and on two levels and the losers will ultimately be the American people -- American taxpayers.
Gov. Pat Quinn estimates that the pension liability grows by $12.6 million every day. We've heard about this issue for so long that it's become a jumble of doom-laden numbers all so large they are difficult to comprehend.
Much of what is commonly being said about the federal budget is either mischaracterization or flatly wrong. When you slice through all the heated rhetoric, the budgetary choices we face may be painful, but they are actually much simpler to make than the debate would suggest.
The Tea Party argues that a library tax increase of any size, no matter how trivial, is unwarranted because of economic hardship. A far more compelling argument is that times of economic distress demand a larger, not as smaller information commons.
About a week ago I wrote a post, which noted that although Tax Analysts has been involved in various litigation with the IRS for more than 40 years, we were not founded to sue the IRS. Well, we just sued the IRS. Hypocritical? Not at all.
An often overlooked employer benefit is a tax return credit available to businesses who hire qualified vets before December 31, 2013.
Some people say that when you pay taxes -- income tax, sales tax, property tax, etc. -- you are giving your money to the government. Many resent this; some even consider it illegitimate. But this is a mistake.
The news in the last couple of weeks has had endless references to two people who we have been repeatedly told are brilliant: Larry Summers and Jeff Bezos. The paeans to the genius of both men say a great deal about the quality of public debate in elite circles.
Buying a home is a very big life and tax return event. I would like to take the time today to clear up some of the confusion around home ownership and its tax implications.
Gov. Pat Quinn and his opponent, Bill Daley, are fully sparring now over cronyism as this Daley says Quinn's nomination to the Chicago Transit Authority of Thornton Township Supervisor Frank Zuccarelli violates the spirit of a law that doesn't allow some board nominees to get multiple government salaries.
The more I hang around the DC tax debate, the more I'm exposed to deeply misguided thinking that seems largely motivated by the conviction that poor people -- in this case, the working poor -- have too much money and the wealthy have too little.
Millennials are a generation which believe in getting things done. We are tired of having our figurative future farm mortgaged by politicians who are not thinking of our future, or of us. The struggle is not about ideology, it's about the elusive thing so central in life: time.
Saying you love Jesus, then making it your political mission to dismantle systems and programs designed to help those whom Jesus loves -- without offering up a legitimate alternative -- cannot but appear to those on the outside to be an exercise in looking out for yourself.
President Obama seems to think that the country should be thankful to Larry Summers that we didn't have another Great Depression. This is like telling little kids that if they don't eat their spinach the bogeyman will get them.
Senator Max Baucus has decreed a minimum 50 years of secrecy for negotiations over revamping the federal tax code. It's not the information itself that must remain under lock and key, but which senator is supporting what massive corporate giveaway -- that's what has to remain secret.