Taxpayers

More Than 10,000 Rich Households Didn't Pay Income Tax

The Huffington Post | Catherine New | Posted 05.29.2012

Read More: High Income, Mitt Romney Taxes, Irs, Income Taxes, Charitable Contributions, Internal Revenue Service, Taxmaggedon, Audit, Taxpayers, High-Earning Americans, Taxes 2012, Tax Deductions, Money News

Out of the 3.9 million households that reported an adjusted gross income of $200,000 or more in 2009, more than 10,000 households paid nothing in taxe...

Read Whole Story

TABOR Migraines

Miller Hudson | Posted 05.24.2012

Read More: Colorado Budget, Tabor, Constitution, Taxpayers, Mountain States Legal Foundation, Denver News
Miller Hudson

TABOR, which includes provisions that are rapidly closing a vise on state spending, will soon undermine the quality of services provided to taxpayers.

Read Post

Foreclosure Victim Allegedly Dumped Trees In Pool, Spray Painted Walls Before Moving Out

The Huffington Post | Harry Bradford | Posted 05.21.2012

Read More: Foreclosure Victims, Foreclosure Crisis, Video, Foreclosure Vandals, Monique Acosta, Mortgage Crisis, Vacancies, Foreclosure Vandalism, Taxpayers, Business News

Foreclosure can be frustrating, but one couple found the process so upsetting that they allegedly decided to cut down some trees and throw them in the...

Read Whole Story

U.S. Taxpayers May Get Cut Of 'Passion Of The Christ' Prequel Via Mexican Drug Case

AP | PAUL J. WEBER and CHRISTOPHER SHERMAN | Posted 05.15.2012

Read More: Video, The Passion of the Christ, Arturo Madrigal, Mel Gibson, Mexican Cartel, Drug Dealers, Proud Mary Entertainment, Taxpayers, Joel Osteen, Lakewood Church, Hollywood, Business News

SAN ANTONIO -- The American taxpayer may be getting into the movie business. In a real-life case of drugs and extortion that could itself make a pret...

Read Whole Story

George W. Bush's Shocking Requests

The Huffington Post | Lucia Graves | Posted 05.09.2012

Read More: George Bush, Taxes, Taxpayer Subsidies, Bill Clinton, Video, George Bush Taxes, General Services Administration, Gsa, George H.W. Bush, George W. Bush, George Bush Senior, Jimmy Carter, Taxpayers, George Bush Phone Bill, Politics News

George W. Bush is slated to receive $1.3 million in taxpayer dollars for fiscal year 2013, including $85,000 in phone costs and $26,000 in printing co...

Read Whole Story

We Should Be Wary of the IRS Preparing Our Taxes

Edward J. Black | Posted 04.25.2012

Read More: UK, Privatization, Competition, Government, Taxes, Small Business, Irs, Taxpayers, Tax Day, Taxpayer, Politics News
Edward J. Black

If the IRS starts preparing our taxes for us, that right will cease to exist. Even with its flaws, Americans would most certainly prefer our current tax filing system over putting their faith in the IRS to fairly do it for them.

Read Post

New Study Shows Violence Costing America Over $460 Billion

Michael Shank | Posted 04.24.2012

Read More: Violence, Institute for Economics and Peace, Cambridge, Louisiana, Prison, Congress, US Peace Index, Arizona, Taxpayers, Michael Shank, Incarceration, Peace, Michigan, Maine, Wyoming, Policing, Homicides, Massachusetts, Detroit, Economy, Jail, Crime, Politics News
Michael Shank

The U.S. Peace Index is based on analysis of homicide, violent crime, policing, incarceration rates and availability of small arms data. With improvements in all five of these indicators from the 2011 to the 2012 USPI, the U.S. was found to be more peaceful than at any time since 1991.

Read Post

Why You Shouldn't Buy Treasury's Line On The Bailouts

Bloomberg View | Jonathan Weil | Posted 04.20.2012

Read More: White House, Treasury Department, Continental Illinois National Bank & Trust Co, U.S. Federal Housing Administration, Video, Fdic, Freddie Mac, Financial Sector, Troubled Asset Relief Program, Fannie Mae, Federal Reserve, Taxpayers, Business News

The U.S. Treasury Department wants the public to believe the government’s bailouts of the financial sector might make money for taxpayers. It’s ea...

Read Whole Story

The Age of Open Is Upon Us

Jorge Hage | Posted 04.17.2012

Read More: New York Schools, Taxpayer Money, Mexican Government, Brazil Government, Taxpayers, Hillary Clinton, Open Government, World News
Jorge Hage

The open government movement is indicative of the pressures imposed on us by the post-recessionary world. Opening up government data sources increases the bang of each taxpayer buck and creates new commercial opportunities for businesses.

Read Post

Who He's Really Going After

AP | ALAN FRAM | Posted 04.16.2012

Read More: Taxes, Obama Buffett Rule, Higher Tax Rate, Millionaires, Tax Day, Barack Obama Taxes, Warren Buffett, Buffett Rule Tax, Millionaire Tax, Taxpayers, Barack Obama, Buffett Rule, Money News

WASHINGTON -- President Barack Obama's proposal to impose a "Buffett rule" tax on the rich is generating enormous political wattage, but the plan itse...

Read Whole Story

WATCH: Whitney Houston Funeral Costs Newark Taxpayers $187K

Posted 04.11.2012

Read More: Taxpayer Money, Whitney Houston, Whitney Houston Funeral, Newark, Poll, Taxpayers, Black Voices News

Newark residents turned out by the hundreds when pop icon Whitney Houston was laid to rest in their hometown on February 18, but their show of support...

Read Whole Story

What If You Can't Pay Your Taxes?

Reuters | Posted 04.11.2012

Read More: Taxes, Owe Taxes, Income Tax Late Payment Penalty, Income Taxes, Irs, Tax Preparation, Paying for Taxes, Reuters, Tax Day, Taxpayers, Money News

By Amy Feldman NEW YORK, April 10 (Reuters) - It's one of the worst tax time scenarios: You discover while doing your ...

Read Whole Story

Why It's Gotten Harder For You To Fight The Tax Man

Bloomberg BusinessWeek | Elizabeth Dwoskin | Posted 04.09.2012

Read More: Taxes, Fighting Taxes, IRS Taxpayer Advocate, Irs, Tax Credits, Taxpayer Advocate, Internal Revenue Service, Nina Olson, Tax Day 2012, Tax Day, Taxpayers, Money News

Micah Andrews opened his first notice from the IRS a week before Christmas in 2010. He was standing in the kitchen of the house in the Atlanta suburbs...

Read Whole Story

A Cuban-American's Appeal: Keep Martin Luther King's Dream Alive

Jose Suarez | Posted 04.04.2012

Read More: Martin Luther King, Income Inequality, Taxpayers, Occupy Miami, Martin Luther King Assassination 44th Anniversary, Martin Luther King Assassination, Occupy Wall Street, Miami News
Jose Suarez

This tax day, join us in honoring Dr. King in deed, rather than name, and stand up for our city where people live in "inordinate wealth" while most of us struggle.

Read Post

3 Tax Mistakes Retirees Can't Afford to Make

InvestingAnswers | Posted 04.04.2012

Read More: Taxes, Irs, Saving for Retirement, Taxpayers, Retirement, Money News
InvestingAnswers

So what's the pitfall? Many retirees aren't informed about the MRD, which ends up costing them 50 percent of the withdrawal each year they miss it. Be sure to understand how your financial institution is calculating your distribution.

Read Post

How Filing a Tax Return Reduces Identity Theft

Mark Steber | Posted 06.03.2012

Read More: Mark Steber, Identity Theft, Tax Advice, Filing Taxes, Taxpayers, Income Tax Refunds, Income Tax, Tax Tips, Tax Preparation Tips, Tax Returns, Tax Season, Tax Season 2012, Jackson Hewitt, Tax Refunds, Money News, Tax Preparation Advice, Tax Filing, Filing Tax Returns, Tax Relief, Money News
Mark Steber

Be cautious and vigilant when it comes to providing any personal information, such as your social security number, bank or credit account numbers over the phone or via e-mail, and avoid carrying your social security card in your wallet.

Read Post

The Tax Man Is Looking More Closely At Multimillionaires

Reuters | Posted 05.22.2012

Read More: Taxes, US Tax Officials, Video, Irs, Tax Service, Internal Revenue Service, Reuters, Swiss Bank Accounts, Tax Evasion, Taxpayers, UBS AG, Income, Business News

WASHINGTON, March 22 (Reuters) - U.S. tax officials are putting a closer microscope on the tax filings of multimillionaires, with the audit rate for...

Read Whole Story

Are You Being Scammed?

Emily Cohn | Posted 02.29.2012

Read More: Taxes, Irs, Earned Income Tax Credit, Identity Theft, Charitable Deduction, Tax Day 2012, Tax Scams, Phishing, Federal Tax Forms, Fake Tax Forms, Tax Fraud, Taxpayers, Taxpayer Tips, Tax Deductions, Money News

Every year during tax season, scam artists try and break off a piece of Americans' tax payments. "Scam artists will tempt people in-person, on-lin...

Read Whole Story

Welcome To The Richest Zip Codes In The United States

The Huffington Post | Harry Bradford | Posted 02.26.2012

Read More: Bloomberg, Taxes, Zip Codes, Internal Revenue Service, Most Expensive Zip Codes, Tax Return, Top 1 Percent, Council for Community and Economic Research, Center for an Urban Future, Taxpayers, New York City, Wealth-X, Business News

It may be only five numbers long, but a zip code can say a lot about a person. Like if they have rich neighbors, for example. Of 29,000 zip codes e...

Read Whole Story

Where Is Jamie Dimon When You Need Him?

Dennis M. Kelleher | Posted 04.17.2012

Read More: Dodd-Frank Act, Wall Street Bailout, Dodd-Frank, United Kingdom, Financial Reform, Wall Street Reform, Jamie Dimon, Taxpayers, Paul Volcker, Volcker Rule, Rulemaking, Canada, Goldman Sachs, Proprietary Trading, Greece, Bailout, Treasury, Financial Crisis, Banker Bonuses, Simon Johnson, Wall Street Bonuses, Financial Regulation, Derivatives, Loopholes, JP Morgan, Wall Street Crisis, Wall Street, Greece Debt Crisis, Japan, Anti-American, Better Markets, 2008-Crisis, Banking, Banks, Business News
Dennis M. Kelleher

Now, when there are some very real and very serious anti-American actions being asked for, Dimon is strangely silent. Could it be because the current anti-American requests coincide with his claims against financial reform? Of course it is.

Read Post

Politicians, Unions Hail Big Bank CEO After He Refuses Bonus

AP | Posted 04.01.2012

Read More: Stephen Hester, House of Commons, Foreign Secretary William Hague, Video, Executive Pay, Labour Party, Taxpayers, Prime Minister David Cameron, Royal Bank of Scotland, Business News

LONDON — Britain's leaders, politicians and union leaders on Monday welcomed the decision by the chief executive of nationalized Royal Bank of S...

Read Whole Story

Taxpayers Still Owed Hundreds Of Billions From Bailout

AP | MARCY GORDON and DANIEL WAGNER | Posted 03.27.2012

Read More: 2008 Bailout, Auto Bailout, Video, Wall Street Bailout, Bailout, Occupy Wall Street, Business News, Bank Bailout, Taxpayers, Bailout Taxpayers, Business News

WASHINGTON — Companies that were bailed out during the financial crisis still owe U.S. taxpayers nearly $133 billion. Treasury's plans to recoup...

Read Whole Story

You Want a Publicist? Pay For Him Yourself, Senator

Kelly Moore | Posted 03.21.2012

Read More: Taxes, Politics, Meet the Press, Congress, Lobbying, Lobbyists, Press Secretary, Taxpayer Money, Washington DC, Eleanor Holmes Norton, Taxpayers, DC News
Kelly Moore

Is this really what our tax dollars should be used for? To allow members of Congress to engage in such shameless self-promotion?

Read Post

Johnston: Fed's Near Record-Low Interest Rates A Loser For Taxpayers

Reuters | Posted 03.11.2012

Read More: Interest Rates, Mega-Banks, Video, US Census Bureau, Tax Returns, Reuters, Federal Debt, Federal Reserve, Ben Bernanke, Taxpayers, Ension Benefit Guaranty Corporation, Pension Funds, Business News

(The author is a Reuters columnist. The opinions expressed are his own) By David Cay Johnston Jan 10 (Reuters) - The Fe...

Read Whole Story

Lucas Kavner

The Real Taxpayers Of The U.S.A: How We're All Funding Reality Shows

HuffingtonPost.com | Lucas Kavner | Posted 01.05.2012

Read More: Mark Burnett, Tlc, Sarah Palin, Alaska Film Alliance, The Recessionary Arts, Reality Shows, State Taxes, Sarah Palin's Alaska, Alaska-Film-Subsidies, Taxpayers, Culture News

This is the ninth in an occasional series, The Recessionary Arts. Read more from the series here. "Sarah Palin's Alaska," last year's hit TLC reali...

Read Whole Story