Income Tax

Estate Tax Laws Uncertain With Old Tax Set To Expire

Wall Street Journal | LAURA SAUNDERS | Posted 12.19.2009 | Politics

Read More: House, Taxes, Income Tax, Estate Tax Laws, Tax Laws, Senate, Congress, Wills, Irs, Death Tax Laws, Estate Law, Death Tax, Estate Tax, Politics News

The possible expiration of the federal-estate tax has sent the normally staid world of estate planning into a frenzy of activity, as taxpayers try to ...

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Tax Changes on Carried Interest?

Leslie Pratch, Ph.D. | Posted 12.15.2009 | Business

Read More: Leveraged Buyout, Income Tax, Capital Gains, Carried Interest, Business News

Does carried interest represent services income or an investment in a capital asset?

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Reid Eyes Payroll Tax Hike On Wealthy Americans

AP | DAVID ESPO | Posted 11.12.2009 | Politics

Read More: Health Bill Cost, Harry Reid Medicare, Democrats Income Tax, Harry Reid Health Care, Income Tax, Reid Raising Taxes, Harry Reid, Raising Taxes on Wealthy, Reid Payroll Tax, Health Care Tax, Health Care Cost, Reid Tax Wealthy, Reid Income Tax, Politics News

WASHINGTON — Majority Leader Harry Reid is considering a plan for higher payroll taxes on the upper-income earners to help finance health care l...

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Global High Wealth Industry Group Created: New IRS Unit Will Target The Very Wealthy

Wall Street Journal | MARTIN VAUGHAN | Posted 10.27.2009 | Business

Read More: Global High Wealth Industry Group, Global High Weatlh Industry, Irs Investigation, Irs, Internal Revenue Service, Auditing the Rich, Millionaires, Tax Fraud, Billionaires, Tax Shelters, Income Tax, High Net Worth Individuals, Audits, Irs Probe, Unit, Special Unit, Offshore Accounts, Tax Havens, Business News

WASHINGTON -- A new Internal Revenue Service enforcement unit targeting the very wealthy will help the tax agency decode partnerships, offshore trusts...

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Obama's Retirement Plan Needs More Nerve

Eric Schurenberg | Posted 11.10.2009 | Business

Read More: 401(K), Retirement Plans, Barack Obama, Behavioral Economics, Income Tax, Ira, Cigarettes, Smoking, Economics, Behavior, Campaign Finance, Savings Bonds, Retirement Account, Contribution, Business News

The president announced a handful of new initiatives designed to make it easier for American workers to save more for retirement, that makes use of behavioral economics.

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"One Percenters" Enjoy Unprecedented Protection

Salon | David Sirota | Posted 08.25.2009 | Business

Read More: Rich People, Taxes, Income Tax, Wall Street, America, Economic Crisis, Obama, Recession, Income, 1-Percenters, Business News

Here's a truism: The wealthiest 1 percent have never had it so good. According to government figures, 1-percenters' share of America's total incom...

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I'm Sick of Hearing About the Poor, Poor Millionaires

Chris Weigant | Posted 08.20.2009 | Politics

Read More: Warfare, Wealthy, Tax Rates, Al Franken, Reform, Tax the Rich, Media, Jim Webb, Republican, Reagan, Pelosi, Ultra Rich, Clinton, Nancy Pelosi, Ultra Wealthy, Health Care, Robert a Heinlein, Taxes, House, Millionaires, Msm, Franken, War, Democrat, Billionaires, Rich, Webb, Democrats, Mainstream Media, Income Tax, Tax, Chris Weigant, Health Care Reform, Fox News, Class Warfare, Denmark, Healthcare, Heinlein, Politics News

Democrats have to get over their knee-jerk reaction to being labeled "tax and spenders" by their opposition. If higher taxes for millionaires are the way to pay for healthcare reform, then let everyone know it, and know why.

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The Frayed Social Contract is Everywhere

Francine Hardaway | Posted 06.21.2009 | Politics

Read More: Income Tax, State Government, California Proposition 13, Arizona, Republican Party, Taxes, Politics News

Hands are wringing throughout Arizona -- no commitment to the future, no support for science and technology, how can we raise our children here? Fingers are being pointed.

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The 1040 Rebellion

Patricia Draznin | Posted 05.14.2009 | Politics

Read More: Filing, April 15, Taxes, History of Tax, Income Tax, Irs, Boston Tea Party, 1040, Politics News

Be prepared, be very prepared. After all, paying taxes is just the price of our freedom to work and pay taxes. Remember this when you're drinking your next cup of tea.

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States Raising Taxes: More Than 10 Considering Major Increases In Sales, Income Taxes

Wall Street Journal | LESLIE EATON | Posted 05.10.2009 | Business

Read More: Raising Income Taxes, Taxes, Income Tax, State Taxes, Raising Sales Taxes, Sales Tax, Business News

A free fall in tax revenue is driving more state lawmakers to turn to broad-based tax increases in a bid to close widening budget gaps. At least 10...

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Going Galt

August J. Pollak | Posted 04.09.2009 | Politics

Read More: Taxes, Income Tax, Going Galt, John Galt, Budget, Barack Obama, Politics News

Stupid people turn to the stupidest thing ever for the stupidest idea possible.

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Eliminate NYC Income Taxes for Struggling Households

Christine Callaghan Quinn and David Yassky | Posted 03.23.2009 | Politics

Read More: Tax Cuts, Taxes, Income Tax, New York City Taxes, Tax Cuts for the Wealthy, New York City, Politics News

All told, we're talking about over 700,000 people in our city -- most of the children -- that stand to benefit if we eliminate this unfair burden.

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Democrats Need to Frame the Stimulus Better

Chris Weigant | Posted 03.05.2009 | Politics

Read More: Bush Recession, Welfare, President Obama, Framing, Jobs, Democrat, Obama, Congress, Democratic, Stimulus, Democrats, Barack Obama, Republican, Payroll Tax, Income Tax, The Bush Recession, Chris Weigant, Stimulus Package, John Kerry, Tax Cuts, Job Creation, Politics News

President Obama has proposed a tax cut on payroll taxes. Republicans are against it, and even have taken to calling it "welfare." Excuse me? Welfare? Tax cuts are now welfare in Republicanland?

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What About Welfare?

Philip N. Cohen | Posted 02.27.2009 | Politics

Read More: Welfare, Women, Unemployment, Poverty, Economic Stimulus Package, President Obama, Taxes, Women's Rights, Earned Income Tax Credit, Food Stamps, Women's Issues, Low-Income, Welfare Reform, Women Childcare, Children, Money, Barack Obama Taxes, Jobs, Low-Income Children, 1990s, Income Tax, 1980s, Kids, Childcare, Tax Cuts, Poor, Head Start, Working Families, Families, Politics News

The present plan includes tax cuts that will benefit even those too poor to pay taxes, and includes $4 billion for child care services for low-income families.

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Ron Paul Interview

Michael Bendetson | Posted 01.15.2009 | Politics

Read More: Ron Paul, Ron Paul Interview, Income Tax, Irs, The Revolution: A Manifesto, Ron Paul Issues, Ron Paul 2008, Politics News

" John McCain stood for the opposite of all these things that I believe in and the Republicans claim to believe in."

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A Response To Rep. Elijah Cummings

Chris Weigant | Posted 12.25.2008 | Politics

Read More: Business Expense, Loophole, Tax Code, Maximum Wage, Populism, Kucinich, Sherrod Brown, Corporate Tax, Stock Options, Corporate, Business, Wastefulness, Corporate Jet, Pelosi, Business Costs, Big Business, Bailout, Luxury, Taxable, Populist, Ceos, Deductibility, Taxpayer Money, Capital Gains, Reid, Detroit, Elijah Cummings, Auto Companies, Taxes, Greed, Citigroup, Democrat, Business Tax, Congress, Loopholes, Democrats, Income Tax, Profit, Resort, Fat Cat, Tax, Corporations, Chris Weigant, Ceo, Shareholder, Outrage, Business Meeting, Stadium Tax, Mets, Deductible, Stadium Naming, Deduction, Tax Deductible, Cummings, Politics News

The loopholes which allow such corporate excess were not exactly handed down to Moses on tablets -- each and every loophole was approved by Congress.

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Massachusetts To Vote On Proposal To Eliminate State Income Tax

New York Times | PAM BELLUCK | Posted 10.29.2008 | Business

Read More: Taxes, Massachusetts Income Tax, Income Tax, Massachusetts Taxes, Massachusetts, Business News

Given the opportunity to get out of paying state income tax, who wouldn't jump at the chance? Certainly Ruth Gregoire would. Ms. Gregoire, 71, a reti...

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Representation Without Taxation: Study Says Most Corporations Avoid US Income Tax

AP | JENNIFER C. KERR | Posted 09.12.2008 | Business

Read More: Corporate Responsibility, Carl Levin, Gao, Government Accountability Office, Income Tax, Tax Evasion, Corporate Greed, Business News

WASHINGTON — Two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, according to a new report from Congress. The s...

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Dear Ms. Maria Bartiromo: Some Basic Economics

Ben Cohen | Posted 06.25.2008 | Business

Read More: Income Tax, Capital Gains, Business, Economics, Income Inequality, Maria Bartiromo, Business News

Your warning that Obama would likely raise taxes is correct. Your warning that this would have a negative impact however, is ridiculous. You're a decent economist; you should know better.

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CNBC's Bartiromo Misleads On Impact Of Obama's Tax Plan

HuffingtonPost.com | Jason Linkins | Posted 06.18.2008 | Politics

Read More: Income Tax, Capital Gains, Maria Bartiromo, Barack Obama, Politics News

CNBC's Maria Bartiromo, whose collagen injections are widely reputed to be a key market bellwether, offered the New York Post the precise sort of dire...

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Debate Questions I'd (Still) Like To Ask

Chris Weigant | Posted 04.24.2008 | Politics

Read More: Al Qaeda, Debate, Assault Weapon, Cia, Marijuana, Guantanamo, Gun Control, Fisa, Medical Marijuana, Iraq, Campaign, Wright, Bush, Handgun, Democratic Nominee, Guantanamo Bay, 2008, Schedule I, Tax Holiday, Reverend, Telecom Immunity, Schedule II, 2008 Campaign, Black, Capital Gains, Democratic Debate, Taxes, Flag Burning, Gun, Gas Tax, Interrogation, Army Field Manual, Mlk, Telecom Amnesty, Democrat, 2008 Elections, 08, 2008 Election, Nafta, War on Terror, Barack Obama, Election, 08 Election, Second Amendment, Elections, Income Tax, 08 Campaign, Martin Luther King, Present Votes, Tax, Wiretapping, 2008 Presidential Race, Telecommunications, Warren Buffett, Hillary Clinton, Debates, Senate, Warrantless, Politics News

Unfortunately these questions remain largely unanswered, almost two months after the last debate.

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Income Tax

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