Taxes
RAND PAUL:: Libertarian lawmaker blocks international tax treaties, making strange bedfellows – The Hill
By MB Snow at May 5, 2013 | 5:22 pm
By Bernie Becker - 05/05/13 07:20 AM ET Sen. Rand Paul’s efforts to block international tax treaties are making some strange bedfellows between business groups and anti-tax evasion crusaders. Paul (R-Ky.) has been holding up treaties with Hungary, Luxembourg and Switzerland in the Senate for well over a year now, a turn of events that has angered business ... Go To Article
PETER FERRARA: Overreaching Internet Sales Tax Is Obama’s Calculated Deception Of Gullible Voters – Forbes
By MB Snow at May 5, 2013 | 4:32 pm
Peter Ferrara, Contributor, OP/ED | 5/02/2013 During the 2008 campaign, when candidate Obama was seeking our votes, he pledged in Dover, New Hampshire on Sept. 12, 2008: “I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, ... Go To Article
Barack Obama , Commentary , Featured , General , News , Politics , Taxes
CALIFORNIA TAX REVENUE yields multibillion-dollar surplus – latimes
By MB Snow at May 3, 2013 | 1:25 am
By Chris Megerian, Los Angeles Times, May 2, 2013, 7:30 p.m. SACRAMENTO — California has been flooded with revenue this tax season and is on track to finish the fiscal year with a surplus of billions of dollars, according to officials. State coffers contain about $4.5 billion more than expected in personal income tax payments. Nearly $2.8 billion of it arrived ... Go To Article
California , Economy , Featured , General , News , Politics , Taxes , Your Money
OBAMA’S bid to squeeze SOCIAL SECURITY enrages his core backers | McClatchy
By MB Snow at May 3, 2013 | 12:15 am
By James Rosen | McClatchy Washington Bureau WASHINGTON — Liberal groups angered by President Barack Obama’s proposed Social Security cuts say they’ll take a page from conservatives’ campaign playbook and work to oust Democratic lawmakers who go along with the plan. The revolt within Obama’s political base and a related divide in his party may complicate ... Go To Article
Barack Obama , Economy , Featured , General , News , Politics , Taxes
AMERICANS FOR TAX REFORM : Obamacare’s Tax Hike Train Wreck
By MB Snow at April 30, 2013 | 3:10 pm
The most destructive Obamacare tax increases are just around the bend Asked about Senator Max Baucus’s recent “train wreck” comments, President Obama today said, “A huge chunk of it [Obamacare] has already been implemented.” Unmentioned was the wave of destructive Obamacare tax increases that will begin to hit Americans during the 2014 tax filing season and ... Go To Article
Barack Obama , Commentary , Featured , General , Health Care , News , Politics , Taxes , Unions , Your Money
INTERNET TAXES:: Senate advances bill to tax Internet purchases | WashingtonExaminer.com
By MB Snow at April 25, 2013 | 10:13 am
Susan Ferrechio -- The Senate on Wednesday advanced a bill to tax Internet purchases despite the objection of a bipartisan group of lawmakers who say the legislation will hurt the critical small-business sector. Senators voted 75-22 to advance the Marketplace Fairness Act, which would allow states to collect sales taxes from Internet retailers. Opponents, many of ... Go To Article
ONLINE SALES TAX passes cloture vote | TheDailyCaller
By MB Snow at April 23, 2013 | 7:24 am
Betsi Fores, 6:28 PM 04/22/2013 The Marketplace Fairness Act, which would allow states the mechanism to start collecting taxes for online sales, overwhelmingly passed a Senate cloture vote Monday night, circumventing regular order and drawing concern from a minority of Senators over the end of the debate on the proposal. Seventy four Senators voted in favor of the ... Go To Article
Congress , Economy , General , News , Politics , Taxes , Unions
REVIEW & OUTLOOK: The Internet Sales Tax Rush – WSJ
By MB Snow at April 23, 2013 | 7:04 am
REVIEW & OUTLOOKApril 21, 2013, Harry Reid and Wal-Mart hope nobody will notice their online revenue raid. Every time Congress has taken a serious look at proposals to boost Internet sales taxes, it has rejected them. That's probably why pro-tax Senators are trying to rush through an online tax hike with as little consideration as possible. As early as ... Go To Article
Economy , Featured , General , News , Politics , Senate , Taxes
SCOTT RASMUSSEN:: Republicans Need to Get Over the Makers vs. Takers Mindset | RealClearPolitics
By MB Snow at April 21, 2013 | 4:30 pm
By Scott Rasmussen - April 21, 2013 -- Mitt Romney’s secretly recorded comment that 47 percent of Americans are “dependent on the government” and “believe they are victims” isn’t the only reason he lost the presidential campaign. But the candidate himself acknowledged after the election that the comments were “very harmful.” He added, “What I said ... Go To Article
Commentary , Featured , General , Politics , Taxes
ROBERT SAMUELSON:: Simplicity in the tax code – WaPo
By MB Snow at April 18, 2013 | 9:38 am
By Robert J. Samuelson, Published: April 17 -- At this time of year, when most Americans have just filed their returns, exasperation with the income tax system reaches a peak. Hardly anyone denies that it is a complex mess. In 2010, calculating their taxes cost Americans $168 billion, estimates the Taxpayer Advocate Service of the Internal Revenue Service. That’s ... Go To Article
Commentary , Featured , General , Politics , Taxes
