Come tax time, most Americans will have to answer a simple yes or no question on their tax return to prove they have health coverage. In some cases, taxpayers may be exempt from purchasing health insurance and a tax penalty.
I'm in the very early stages of preparing a campaign to try to run in the 2016 election for US President. I'll be doing it as a transhumanist for the Transhumanist Party, a political organization I recently founded that seeks to use science and technology to radically improve the human being and the society we live in.
It's not okay to steal just because one earns below the median income level. But as I watched "National Investigative Reporter" Jeff Rossen bear down on a soldier lucky to be earning one-fifth what he is, I wanted to know why this was the crime on which the Today show chose to focus.
Cato Institute's 12th biennial edition of its "Fiscal Policy Report Card on America's Governors" assigns grades of "A" to "F" to the governors based on their efforts to restrain government. Not only did Governor Brown receive an "F" in this year's report card, he received the worst score of any governor.
The changing attitudes toward and laws around income taxes has been a major driver of the rise of America's modern talent-based, knowledge economy.
The Roth 401(k) seems to be cause more confusion than squirrel in a four-way intersection. So let's get started!
Sen. Schumer urged Congress to craft a stricter definition of inversion and enact a ban on "earnings stripping." Earnings stripping? You'll love this. Earnings stripping refers to a practice by which a foreign-based parent corporation loans large sums to -- wait for it -- itself.
In a move apparently to be more progressive, Burger King recently changed its motto from "have it your way" to "be your way." But the company's recent decision to merge with Tim Hortons and move its headquarters to Canada, which reportedly could score tax reductions for the company, is downright regressive.
I know, it's a busy time of year. You're back from the summer holidays. Orders need to get out the door. Projects need to be done. Budgets need to be ...
Keeping wealth can be just as much of a challenge as growing it in the first place. All of these are solid ideas you can implement today.
When it comes to income taxes, many people think only of the money they earn in a paycheck. But the reality is that there are many other types of income that are subject to ordinary income taxes. And all of that income, in turn, can trigger taxes on Social Security benefits.
April 15th isn't the only deadline you need to keep in mind when it comes to staying on top of your taxes. Truly savvy planners also watch for December 31st, which is the cutoff to make some clever moves to maximize your savings come tax-time.
In a market economy, the median voter's income will invariably be below the national average creating an apparently compelling opportunity for a politics of redistribution. This makes the sustained increase in income inequality in the United States and other developed countries a bit of a puzzle.
The NFL's history of protecting thugs and hiding brain injuries is inexcusable. But the real outrage is that taxpayers are funding the construction of coliseums so that bruisers can smash each other in the mouth and billionaires can get richer.
Now Burger King is asking us to swallow something even unhealthier than their food and lower than their pay. They are asking us to let them off from paying many of the taxes that sustain the very infrastructure, courts, education system and food safety system that enables them to stay in business.
Small businesses have been doing their part -- outperforming big business on the job creation front every month for the past year. But, they can do more if Washington will only step up and take a role in helping fuel this engine for growth.