Taxes on Huffington Post

Lisa Earle McLeod: How I Reframed Paying My Taxes: Why Self Talk Matters

2012-05-30T15:31:20Z

I found myself saying, "I can't believe we have to send that much of our money to the government."

Read more: Taxes, Small Business, Small Business Taxes, Paying Small Business Tax, Quarterly Taxes, Paying Taxes, Small Business News

Sen. Fritz Hollings: Jumpstarting the Economy

2012-05-30T10:59:09Z

We are offshoring jobs faster than we can create them. We keep stimulating or bailing the economy boat as fast as we can but ignore the offshore hole in the bottom.

Read more: Taxes, Vat, Globalization, Value Added Tax, U.S. Manufacturing, Tax Reform, Business News

In Some States, The Tax Man Is Getting Tougher

2012-05-27T11:44:17Z

MONTPELIER, Vt. (AP) — Dentist Frank Illuzzi was stunned when Vermont tax collectors began demanding a 6 percent sales tax on the value of toothbrus...

Read more: Taxes, Tax Collectors, Video, Tax Policy, Vermont's House Ways and Means Committee, State Taxes, Tax Gap, Vermont Taxes, Ap, Tax Revenue, Business News

Chris Weigant: Friday Talking Points -- Economic Messaging

2012-05-25T21:23:06Z

OK, we understand that this is garden-variety election pandering to the Tea Party base and all of that, but we feel duty-bound to offer up a little garden-variety ridicule to go with it.

Read more: War on Women, Alan Grayson, Barack Obama, African American, Gay Marriage, Taxes, Corey Booker Comments, Barack Obama Gay Marriage, Republican Budgets, Corey Booker, Politics News

Martin Sullivan: Are You Ready for Taxmaggedon?

2012-05-24T17:25:17Z

A combination of spending cuts and tax increases could bring the economy to its knees at the end of 2012.

Read more: Taxes, Corporate Taxes, Bush Tax Cuts, Automatic Spending Cuts, Payroll Tax Cut, Taxmageddon, Expiring Tax Cuts, 2013 Budget, Politics News

Chuck Schumer Hammers Defenders Of Facebook Founder Who Dumped America

2012-05-24T13:49:00Z

WASHINGTON -- After being compared to the Nazis for targeting people like the Facebook co-founder who renounced his U.S. citizenship and thereby avoid...

Read more: Chuck Schumer, Eduardo Saverin, Taxes, Schumer Eduardo Saverin, Eduardo Saverin Taxes, Video, Facebook IPO, Tax Dodgers, Facebook, Charles Schumer, Politics News

Jared Bernstein: One Million Should Not Become the New $250K!

2012-05-24T11:58:43Z

Nancy Pelosi just moved the $250K tax threshold up to $1 million. That is, she wrote: "Democrats believe that tax cuts for those earning over a million dollars a year should expire..." That is a very big, very bad deal.

Read more: Taxes, John Boehner, Budget, Middle Class, Nancy Pelosi, Bush Tax Cuts, Politics News

Tax Policy A Question Of Morality For Many Middle-Class Americans, Study Finds

2012-05-23T15:49:25Z

For some Americans, the tax system isn't just about economic interests. It's a question of morality.

Middle-class Americans view income tax as a sy...

Read more: Taxes, Taxes Middle Class, Tax System, State Taxes, Small Business Taxes, Taxes 2012, Income Tax, Video, Tax Policy, Tax Morality, Tax, Middle Class Tax Policy, Federal Taxes, Middle Class Tax, Middle Class Taxes, Tax Study, Business News

Ken Blackwell: I'll Have Another

2012-05-23T16:08:33Z

The DOJ gave states new revenue sources, saying that they could add other forms of gambling online so long as it didn't include sports betting. Poker, slots, blackjack -- all fine. And, like last weekend's Preakness, states are off to the races to see who can be first across the finish line.

Read more: Taxes, Casinos, Gambling, Internet Gambling, Gaming, Internet Gaming, Wire Act, Online Casinos, Politics News

Jared Bernstein: Looking Over the Cliff

2012-05-23T12:13:42Z

Let's talk about the fiscal cliff -- you know, the one everyone's all wound up about? Well, the Congressional Budget Office just released their analysis of its potential impact on the economy and it ain't pretty. Add up all the stuff that's scheduled to turn into fiscal pumpkins at midnight on December 31, and you could get a serious impact on the economy. Unemployment would reverse course and start rising if that fiscal scenario remained in place -- but that's a big, important "if." All of the estimates assume we go off the cliff and don't climb back. But if, as Gail Collins imagines it, there's a bungee jump instead of a cliff dive, we can avoid the worst of this. One hopes that Congress can hammer the kind of compromise that has eluded them thus far -- the one that adds tax revenues to any agreement -- before the end of the year, or early next.

Read more: Taxes, Unemployment, Income Inequality, Cbo Report, Economy, Fiscal Crisis, Economic Growth, Inequality, Fiscal Policy, Fiscal Responsibility, Politics News

Ralph Gomory: Mercantilism, Manufacturing, and a Political Problem

2012-05-22T17:29:05Z

People talk a great deal about free trade. But for better or for worse the real world that we live in is more a mercantilist world than it is a free markets and free trade world.

Read more: Taxes, Politics, Trade, Tariffs, Jobs, Free Trade, Manufacturing, Corporate Social Responsibility, China, Business News

Harry Reid Moves To Draw Line In Sand On Debt Deal

2012-05-22T14:16:46Z

WASHINGTON — Republicans will have to drop their insistence on retaining tax cuts for the rich and plans to reshape Medicare before there can be...

Read more: Taxes, Debt Ceiling, Harry Reid, Senate Debt Deal, Video, Senate Debt Ceiling, Debt Reduction, Harry Reid Debt Deal, Debt Deal, Gop Medicare Cuts, GOP Medicare, Medicare, Harry Reid Debt Ceiling, Millionaires Tax, Harry Reid Debt, Politics News

Man Accused Of Scamming 200 Homeowners, Pushing Some Into Foreclosure

2012-05-22T12:59:31Z

A bunch of homeowners in one state are facing foreclosure and they say it's the fault of one man.

At least six homeowners are accusing Deowraj "Deo...

Read more: Taxes, Deo Buddhu, Video, Homeownership Preservation Foundation, Daily News Los Angeles, Eric Schneiderman, Connecticut, Foreclosure, Mortgage Scams, Business News

Boehner Goes After Eduardo Saverin, Backs Bill Banning Him From U.S.

2012-05-20T10:31:49Z

WASHINGTON -- Eduardo Saverin's decision to renounce his United States citizenship in order to avoid paying taxes on his Facebook stock was "absolutel...

Read more: Taxes, Elections 2012, Eduardo Saverin, Chuck Schumer, Video, Facebook, John Boehner, Politics News

GOP Congressional Candidate Calls Medicaid Recipients 'Non-Taxpayers'

2012-05-19T12:28:00Z

Tennessee Republican congressional candidate Scottie Mayfield referred to Medicaid and welfare recipients as "non-taxpayers" in a position paper he re...

Read more: Taxes, Welfare, Scottie Mayfield, Video, Election 2012 Blog, 2012 Election, Elections 2012, Medicaid, Non-Taxpayers, Politics News

Senator Asks Homeland Security To Bar Facebook Co-Founder From U.S.

2012-05-17T19:55:00Z

WASHINGTON -- A Democratic senator has asked the Obama administration to immediately bar Facebook co-founder Eduardo Saverin from re-entering the U.S....

Read more: Facebook Founder Citizenship, Taxes, Chuck Schumer, Eduardo Saverin, Video, Renouncing Citizenship, Facebook, Facebook Founder, Tax Avoidance, Jack Reed, Politics News

Joe The Nerd Ferraro: Rich Guy Discount -- 2012

2012-05-17T11:57:19Z

This is a pressure point that smart Democrats may want to exploit as there is talk about tax fairness and raising Social Security rates and retirement ages as we go into yet another election cycle.

Read more: Payroll Tax, Taxes, Medicaid, Medicare, Social Security, Politics News

Jeanne Kelly: Tax Returns: What Will You Do With Found Money?

2012-05-17T13:04:38Z

Many Americans will be getting tax refunds from the government, and tax refunds are "found money" -- money you forgot was yours. It's as if the government lifted up your couch cushions and found a few hundred dollars.

Read more: FICO Score, Credit Card Debt, Credit Bureaus, Tax Refund, Credit Report, Taxes, Tax Season, Tax Season 2012, Credit Score, Credit Score Tips, Money News

Senators Go After Facebook Co-Founder For Renouncing Citizenship

2012-05-17T12:11:00Z

WASHINGTON -- Populist anger at Facebook co-founder Eduardo Saverin's decision to renounce his U.S. citizenship -- a move that could save him hundreds...

Read more: Facebook Founder Citizenship, Taxes, Chuck Schumer, Eduardo Saverin, Video, Renouncing Citizenship, Bob Casey, Facebook, Facebook Founder, Tax Avoidance, Charles Schumer, Ex-PATRIOT Act, Politics News

LISTEN: Rush Limbaugh Accuses Bill Clinton Of 'Undercutting Obama'

2012-05-17T09:37:27Z

Rush Limbaugh accused Bill Clinton of "undercutting" President Obama for comments he recently made about taxing the wealthy to fix the economy.

Cl...

Read more: Taxes, Video, Obama Tax Reform, Bill Clinton Taxes, Rush Limbaugh, Bill Clinton Economy, Economy, Tax Cuts, Obama Tax Cuts, Tax Reform, Rush Limbaugh Bill Clinton, Rush Limbaugh Barack Obama, Media News

Deborah Weinstein: Senate Budget Plans Range From Extreme to Unimaginable

2012-05-16T14:00:19Z

Today, the Coalition on Human Needs sent a letter making these points to every senator.

May 16, 2012

Dear Senator:

Today you will have the opportun...

Read more: Affordable Care Act, Medicaid, Food Stamps, Low-Income, Federal Budget, Taxes, SNAP Program, Senate, Budget 2013, Congress, Budget, Senate Budget, 112th Congress, Politics News

Mark Steber: What You Can Do Now to Get a Bigger Tax Refund Next Year

2012-05-16T12:08:31Z

A better way to work towards a larger refund next year is by taking advantage of all the tax credits and deductions that you may be entitled to, but are often overlooked.

Read more: Tax Season, Tax Returns, Tax Preparation Tips, Money News, Taxes, Tax Refunds, Tax Season 2013, Tax Preparation Advice, Tax Advice, Filing Taxes, Tax Relief, Tax Filing, Money News

Peter S. Goodman: Pander-Fest Rolls On As Republicans Vow No Tax Increases

2012-05-16T10:22:31Z

Just in case you had been suffering delusions that Republicans have improved on basic arithmetic or responsible governance, House Speaker John Boehner and presidential aspirant Mitt Romney on Tuesday made sure to disabuse you of that notion. As both men pandered to the base on deficit reduction while foreswearing tax increases, they reinforced the central Republican narrative of our age: Somebody else can pay for the mess we made.

Read more: Taxes, Fiscal Affairs, Debt Ceiling, John Boehner, Mitt Romney, Simon Johnson, Business News

What Half A Billion Dollars Buys You In Washington

2012-05-15T14:31:00Z

WASHINGTON -- Peter Peterson, a Wall Street billionaire who has been calling for cuts to Social Security and other government programs for years, is h...

Read more: Taxes, Bill Clinton, Entitlements, Social Security, John Boehner, Social Security Cuts, Peter G. Peterson Foundation, Pete Peterson, Entitlement Reform, Video, Tom Brokaw, Hedge Funds, Tim Geithner, Medicare, David Walker, Peter Peterson, Social Security Benefits, Paul Ryan, Politics News

Evan Soltas: In Corpore Sano?

2012-05-15T11:02:18Z

America is having the wrong conversation about corporate taxes. The problem isn't that corporate tax rates are too high, or that these rates are rendering us uncompetitive. This all-too-common story is simply untrue.

Read more: Taxes, Corporate Taxes, Corporations, Effective Corporate Tax Rate, Corporate Tax Rate, Business News