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Keyword: 2tiertaxes

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  • 41 Obama White House aides owe the IRS $831,000 in back taxes -- and they're not alone

    09/10/2010 7:26:53 AM PDT · by Qbert · 140 replies · 2+ views
    LA Times ^ | 9/10/2010 | Andrew Malcom
    Over the years a lot of suspicion has built up across the country about Washington and its population of opportunistic transients coming to see themselves as a special kind of person, somehow above average working Americans who don't work down in that former swamp. Well, finally, an end to all those undocumented doubts. Thanks to some diligent digging by the Washington Post, those suspicions can at last be put to rest. They're correct. Accurate. Dead-on. Laser-guided. On target. Bingo-bango. As clear as it's always seemed to those Americans who don't feel special entitlements and do meet their government obligations. We...
  • Treasury Dept's New Charge: Muslim Outreach??

    08/12/2010 9:37:29 AM PDT · by Mobile Vulgus · 20 replies
    Publius Forum ^ | 08/12/10 | Warner Todd Huston
    Is the U.S. Department of the Treasury undertaking a new role? Taking its newest press release as an example, one could be excused to imagine that our Treasury Department has decided that it is now our next Department of Muslim Outreach. Today, Treasury released this statement: Treasury Department Statement Marking the Beginning of RamadanWASHINGTON – As Muslims in the United States and around the world begin their observance of Ramadan, the U.S. Department of the Treasury recognizes the importance of this period of intense devotion, reflection and charitable giving. Charitable giving and philanthropy are core American values, reflected in many...
  • Geithner Versus the Bush Tax Cuts

    08/02/2010 3:23:26 AM PDT · by markomalley · 15 replies · 2+ views
    Catholic Exchange ^ | 8/2/2010 | Dr. Mark W. Hendrickson
    I’m now convinced that the Obama administration is placing its political agenda above policies that would contribute to the economic recovery that millions of Americans so desperately need. That agenda includes bringing more economic activity under government control, making more people dependent on government, and, generally, redistributing wealth.I have come to this conclusion after listening to Team Obama’s spokesman, Treasury Secretary Tim Geithner, assert that allowing the Bush tax cuts to expire on December 31, as currently scheduled, is good policy. In truth, raising tax rates when the economy is faltering is counterproductive. It will weaken the economy further. Given...
  • John Kerry (Heinz Heiress) Displays Shrewd Sense Of Business

    07/27/2010 3:09:59 PM PDT · by Starman417 · 14 replies · 2+ views
    Flopping Aces ^ | 07-27-10 | Skookum
    A Department of Revenue spokesman said Kerry would be liable for Massachusetts taxes if he berthed the boat in the Bay State within six months of its purchase. If the Isabel were brought to Massachusetts after that period, the state would have to decide if it wanted to pursue the taxes. Massachusetts, like most other states, has been grappling with plunging tax revenues. Last year's budget deficit was $600 million, and officials are bracing for a $1 billion deficit this year. The Republicans of Massachusetts spoke out meekly to criticize Kerry's cost saving measures. "While we can fault the...
  • Treasury Secretary Says Letting Bush Tax Cuts for Rich Expire Will Not Slow Economic Growth

    07/24/2010 5:14:25 PM PDT · by Sub-Driver · 69 replies · 1+ views
    Treasury Secretary Says Letting Bush Tax Cuts for Rich Expire Will Not Slow Economic Growth July 24, 2010 6:00 PM In an exclusive interview on ABC News’ "This Week" to air Sunday, Secretary of the Treasury Timothy Geithner said the White House would push to let the Bush tax cuts expire for individuals making more than $200,000 a year and families making more than $250,000, but keep them for middle and lower income Americans. “We think that's the responsible thing to do,” Geithner said, “because we need to make sure we can show the world that they're willing as a...