Keyword: taxes

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  • A new study says Trump would raise taxes for millions. Trump’s campaign insists he won’t.

    09/25/2016 9:30:05 AM PDT · by Innovative · 31 replies
    Washington Post ^ | Sept. 25, 2016 | Jim Tankersley
    More than half of America's single parents and one-fifth of its families with children could see their federal income taxes go up under Republican Donald Trump's revamped tax plan, according to a new analysis of the plan by a New York University professor who previously served as a tax specialist for the Obama administration and the Senate Finance Committee. The Trump campaign called the findings "pure fiction," contending the analysis neglects a crucial benefit for low-income taxpayers — and insisting that Trump would instruct the congressional committees drafting his plan into law that taxes would not be allowed to rise for any...
  • Hillary: Know what? We should raise the death tax as high as 65 percent

    09/23/2016 9:45:16 AM PDT · by Sean_Anthony · 34 replies
    Canada Free Press ^ | 09/23/16 | Dan Calabrese
    Three brackets, all higher than the current 45 percent We’ve discussed the death tax a fair amount around here, and for better or for worse it usually breaks down to two arguments. Defenders of the tax say there’s no reason the children of rich people should feel entitled to get all their parents’ money, since they themselves did nothing to earn it. Critics of the tax respond by saying that if the parent earned the money, then it should be the parents’ decision who gets it, and at any rate there’s no particular reason the government should have a claim...
  • Only one candidate has a plan for a booming economy

    09/21/2016 7:35:14 PM PDT · by MtnClimber · 7 replies
    New York Post ^ | 20 Sep, 2016 | Betsy Mccaughey
    The choice for voters is clear: a tax cut from Donald Trump or a pay cut courtesy of Hillary Clinton. Trump is promising to slash income taxes to zero for millions of people currently paying them, and to reduce the tax bite on everyone else except the mega-rich. Clinton, by contrast, isn’t cutting income tax rates for anyone. Instead, she’s campaigning to raise business taxes, despite warnings it will cause wages to plummet and the economy to tank. No wonder Trump is moving up in the polls. Most Americans are still making less than they did in 2007. The mainstream...
  • Trump says he will replace 'failed and corrupt establishment'

    09/21/2016 12:35:17 PM PDT · by Innovative · 13 replies
    Toledo Blade ^ | Sept.21, 2016 | Blade Staff
    Subtitle: He promises tax reductions, child care, repeal of Affordable Care Act Republican presidential candidate Donald Trump, during his stump speech today at the Stranahan Theater in South Toledo, boasted he would replace the "failed and corrupt establishment" of the nation and that he would terminate all "job-killing" orders from the Obama Administration.
  • High and middle earners paying more tax than before crash [Ireland]

    09/20/2016 6:20:55 AM PDT · by Olog-hai · 1 replies
    Irish Times ^ | 09/20/2016 | Eoin Burke-Kennedy
    Middle and higher-income earners still pay more tax than they did seven years ago despite moves to unwind the various austerity measures imposed during the crash, according to the Irish Tax Institute (ITI). In a pre-budget report, the institute said that while the personal tax burden had come down in recent budgets, many Irish workers were paying effective rates that were significantly higher than their equivalents in other countries. Its principal criticism of the current code is that workers here begin paying higher rates of tax too early and that the burden increases too sharply as income levels rise, effectively...
  • Hillary chooses Obama’s road to fiscal ruin - Vows of more taxing and spending...

    09/18/2016 8:14:28 PM PDT · by E. Pluribus Unum · 5 replies
    The Washington Times ^ | 09/18/2016 | J.T. Young
    FULL TITLE: Hillary chooses Obama’s road to fiscal ruin - Vows of more taxing and spending promise continued economic decline ANALYSIS/OPINION: Hillary Clinton stands at a fork in the federal fiscal policy road. In one direction runs Bill Clinton’s performance; in the other, Barack Obama’s. Despite claiming both legacies, all indications are that Hillary is choosing President Obama’s direction. There could not be a greater divide between the last two Democratic administrations than in fiscal policy. While Mr. Clinton’s course was thrust upon him by a Republican Congress, it proved his greatest legacy. In contrast, Mr. Obama has followed his...
  • Critics Decry Gov. Walker Plan to Delay Zoo Interchange and Other Highway Projects

    09/16/2016 7:11:28 AM PDT · by Tolerance Sucks Rocks · 15 replies
    WUWM Milwaukee Public Radio ^ | September 16, 2016 | Ann-Elise Henzl
    Gov. Scott Walker is drawing sharp criticism for his plan to delay highway projects, including the Zoo Interchange in Milwaukee. In the past, the governor has hailed the interchange as key to state businesses that transport products throughout the region. Walker mentioned MillerCoors in his 2013 State of the State address. "MillerCoors is in a hyper-competitive industry. They're looking to find a competitive advantage: who can get a cold beer on a bar in Madison or Green Bay or even Chicago, the fastest. Beer trucks are tied up in the Zoo Interchange? The MillerCoors brewery here in Wisconsin is at...
  • Clinton visits North Carolina in campaign trail return; Trump up in polls

    09/15/2016 3:23:26 PM PDT · by Innovative · 7 replies
    Yahoo News ^ | Sept. 15, 2016 | Reuters
    Hillary Clinton got back on the campaign trail on Thursday after taking three days off for pneumonia, and the Democratic presidential candidate faced a more challenging political landscape, with Republican rival Donald Trump rising in opinion polls. Her illness coincided with a mini-surge by Trump, who has drawn even or taken a slight lead in national polls. Polls in battleground states where the race is likely to be decided showed Trump now leading in Iowa, Ohio, Florida and Nevada, and tied in North Carolina. Clinton's campaign chairman, John Podesta, said the candidate and her aides expected the contest to be...
  • Donald Trump reveals more details of his tax plan

    09/15/2016 12:45:33 PM PDT · by E. Pluribus Unum · 3 replies
    The Washington Compost ^ | 2016-09-15 | Jim Tankersley
    Republican presidential candidate Donald Trump put new details on a much scaled-back tax plan on Thursday, one that is projected to cost the federal government less money but also to deliver fewer benefits to taxpayers than Trump's original proposal. Trump's economic team estimated that the complete tax plan, combined with rollbacks to some federal regulations and new initiatives to open up more public and private lands for oil and gas drilling, would deliver 3.5 percent growth per year for the next decade and produce 25 million new jobs. The changes also appear to be an attempt to reduce what analysts...
  • Poll: Americans favor slightly higher bills to fight {global} warming

    09/14/2016 8:08:45 AM PDT · by PROCON · 49 replies
    AP ^ | Sep. 14, 2016 | SETH BORENSTEIN
    WASHINGTON (AP) — Most Americans are willing to pay a little more each month to fight global warming — but only a tiny bit, according to a new poll. Still, environmental policy experts hail that as a hopeful sign. Seventy-one percent want the federal government to do something about global warming, including 6 percent who think the government should act even though they are not sure that climate change is happening,..
  • Obama’s Tax Collections Surpass $20,000,000,000,000; Still Runs Up Debt by $8,878,290,996,028

    09/14/2016 5:20:00 AM PDT · by Olog-hai · 12 replies
    Cybercast News Service ^ | September 13, 2016 | 2:45 PM EDT | Terence P. Jeffrey
    With the additional $231,327,000,000 in taxes that the U.S. Treasury collected in August, according to the Monthly Treasury Statement released today, President Barack Obama has now presided over more than $20,000,000,000,000 in federal tax collections during the 91 full months he has served in the Oval Office. From February 2009 through August 2016, the Treasury collected approximately $20,197,437,000,000 in tax revenues (in non-inflation-adjusted dollars), according to the Monthly Treasury Statements. During those same 91 months, the federal debt rose from $10,632,005,246,736.97 to $19,510,296,242,765.66—an increase of $8,878,290,996,028.69. …
  • 'Times are changing, pay your taxes', euro zone chief tells corporations

    09/10/2016 12:53:00 PM PDT · by Swordmaker · 26 replies
    Yahoo! News — Reuters ^ | September 10, 2016 | By Francesco Guarascio and Jason Hovet
    Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem BRATISLAVA (Reuters) - Multinational companies should refrain from tax-avoidance practices and pay their fair share, the head of euro zone finance ministers said on Saturday in a new endorsement of the European Union's fight against tax-dodging. In the wake of the 'Panama Papers' revelations of widespread tax-avoidance practices, Brussels has toughened up its drive for fairness by tightening controls and adopting stricter rules. The recent shock multi-billion euro tax demand on Apple was part of that trend as the EU also drafts plans for a common corporate tax base and a single...
  • Constitutional Use of Toll Revenue the Subject of Recent Federal Court Decision

    09/10/2016 8:01:28 PM PDT · by Tolerance Sucks Rocks · 20 replies
    Lexology ^ | September 8, 2016 | Nossaman LLP - Fredric W. Kessler and Shant Boyajian
    Public agencies with toll-setting authority should take note of a recent federal court decision relating to the uses of user fees and toll revenue, as well as the stated goals of the plaintiff in that case.The U.S. District Court for the Southern District of New York recently clarified the constitutional uses of toll revenue in American Trucking Associations v. New York State Thruway Authority, 13 Civ. 8123 (CM) (S.D.N.Y. Aug. 10, 2016). In this case, commercial trucking companies and the American Trucking Associations (ATA) claimed that the New York State Thruway Authority violated the Constitution by charging inflated toll rates...
  • How the British Can Leave the EU

    09/08/2016 7:35:09 AM PDT · by Academiadotorg · 2 replies
    Accuracy in Academia ^ | September 8, 2016 | Spencer Irvine
    The Competitive Enterprise Institute (CEI) issued a study that outlines a roadmap for the United Kingdom's (UK) exit from the European Union (EU), entitled “Cutting the Gordian Knot: A Roadmap for British Exit from the European Union.” Authors Iain Murray and Rory Broomfield provide a step-by-step guide on how the UK can leave the EU. The foreword was written by the former private secretary of former British Prime Minister Margaret Thatcher, Sir Mark Worthington, who noted that "the British people have chosen for themselves" a future where "they are firmly in control." He hoped that with 'Brexit,' the United Kingdom...
  • New cyberattacks threaten tax professionals

    09/06/2016 9:54:02 AM PDT · by tired&retired · 3 replies
    Journal of Accountancy ^ | September 2, 2016 | Alistair M. Nevius, J.D.
    The IRS warned tax practitioners on Friday of a new wave of cyberattacks that allow criminals to remotely access practitioners' computers and file fraudulent tax returns. The attacks come as practitioners prepare for the Oct. 17 extended filing deadline for individual returns; the IRS reported similar attacks before the April 15 deadline. The IRS says that the attacks allow thieves to take control of practitioners' computers, access client data, and complete and e-file tax returns, directing the resulting refunds into the criminals' own accounts. Victims become aware of the attacks when reconciling e-filing acknowledgments.
  • The Fall of Rome-Are there Lessons to be Learned?

    09/04/2016 4:18:00 PM PDT · by Jim Robinson · 43 replies
    THE FALL OF ROME was a culmination of external and internal factors. GREAT WALL OF CHINA By 220AD, the Later Eastern Han Dynasty had extended sections of the Great Wall of China along its Mongolian border. This resulted in the Northern Huns attacking west instead of east. This caused a domino effect of tribes migrating west across Central Asia, and overrunning the Western Roman Empire. OPEN BORDERS Illegal immigrants poured across the Roman borders: Visigoths, Ostrogoths, Franks, Anglos, Saxons, Alemanni, Thuringians, Rugians, Jutes, Picts, Burgundians, Lombards, Alans, Vandals, as well as African Berbers and Arab raiders. Will and Ariel Durant...
  • New Jersey Governor Christie upends old income tax deal with Pennsylvania

    09/03/2016 11:01:53 PM PDT · by Olog-hai · 19 replies
    Reuters ^ | Fri Sep 2, 2016 5:46pm EDT | Hilary Russ
    New Jersey Governor Christie said on Friday the state would begin taxing income earned by people who work in New Jersey but live in Pennsylvania, ending a long-standing arrangement with the neighboring state. Pulling out of the nearly 40-year old “reciprocity” agreement would allow New Jersey to raise more revenue starting Jan. 1. Christie, a close ally of Republican presidential nominee Donald Trump, said in a statement that he was forced to act because the Democrat-controlled legislature created a $250 million budget hole in June by relying on public employee health insurance cuts they have not yet made. If lawmakers...
  • California Just Passed A $1 Billion Tax On The Whole Country That No One Noticed

    09/02/2016 10:59:55 AM PDT · by Nachum · 64 replies
    zero hedge ^ | 9/2/16 | Tyler Durden
    The California State Assembly recently passed a bill that received minimal recognition by the press, outside of the state, but has substantial negative consequences for basically everyone in the country. Once signed by Jerry Brown, the bill, known as AB 1066, will make California the only state in the entire country to provide overtime wages to ag workers after 8 hours a day or 40 hours per week. This change will add about $1BN annually to the cost of growing food in California which will ultimately be passed along to consumers. And since eating isn't really optional, this is effectively...
  • Tampa City Council approves new stormwater fee

    09/02/2016 8:58:53 AM PDT · by ObozoMustGo2012 · 8 replies
    Tampa Bay Times ^ | 9/2/2016 | Richard Danielson
    TAMPA — With rain from the outer bands of Hurricane Hermine flooding streets in South Tampa, the City Council late Thursday approved a new yearly fee to pay for better drainage citywide. "A huge victory for our neighborhoods," Mayor Bob Buckhorn said after the vote. "Now, for the first time in countless years, we can invest in infrastructure for a system that is over 100 years old." With the approval, anyone who owns developed property in Tampa will begin paying an annual assessment that will show up for the first time on next year's property tax bill. The new fee...
  • Apple tax row: Irish government should tell EU to *********** off, says Michael O'Leary

    08/31/2016 12:46:59 PM PDT · by Swordmaker · 10 replies
    UK Daily Mail ^ | August 31, 2016, 11:57AM
    <p>Ryanair boss Michael O'Leary has weighed into the tax dispute between Apple and the European Union, saying the Irish government should write a letter to the EU telling them to "f**k off".</p> <p>Dubbing the EU's ruling "bizarre", the outspoken Irishman said: "One of the fundamental principles of the European Union is that each country has its autonomy to make its own tax decisions.</p>
  • Bill Clinton Paid To Install Hillary’s Private Server With Taxpayer Money

    09/01/2016 8:09:16 AM PDT · by Helicondelta · 27 replies
    breitbart.com ^ | 1 Sep 2016
    Former president Bill Clinton used taxpayer funds from cash provided to him as an ex-president to pay for employees to set up the family’s private email server, according to a new report from Politico. Clinton drew money from the General Services account to pay part of his aide Justin Cooper’s salary — the same person who helped set up a private email server in Clinton’s home. It goes deeper. Clinton used taxpayer funds to boost the salaries of ten different Clinton loyalists, despite his growing wealth from delivering paid speeches. The funds were also used to purchase equipment for the...
  • It Gets Worse: Bill Clinton Paid To Install Hillary’s Private Server With Taxpayer Money

    09/01/2016 8:19:11 AM PDT · by KeyLargo · 24 replies
    Breitbart ^ | 1 Sep 2016 | Charlie Spiering
    It Gets Worse: Bill Clinton Paid To Install Hillary’s Private Server With Taxpayer Money by Charlie Spiering 1 Sep 2016 Former president Bill Clinton used taxpayer funds from cash provided to him as an ex-president to pay for employees to set up the family’s private email server, according to a new report from Politico. Clinton drew money from the General Services account to pay part of his aide Justin Cooper’s salary — the same person who helped set up a private email server in Clinton’s home. It goes deeper. Clinton used taxpayer funds to boost the salaries of ten different...
  • Are Universities & Economic Growth Oxymoronic?

    09/01/2016 8:03:43 AM PDT · by Academiadotorg · 18 replies
    Accuracy in Academia ^ | September 1, 2016 | Malcolm A. Kline
    It was while attending my alma mater--the University of Scranton--three and a half decades ago that I began questioning the economic value of universities. What intrigued me was "Da U" claiming that it helped fuel the local economy, even while America recovered from a recession and Scranton never did. Thirty-five years later, as America struggles through another Depression, and Scranton continues to lose large chunks of its population to more promising locales, "Da U" is still at it. On their web site they claim that: • "Each year, the University offers more than 100 free events to the public." This...
  • VANITY- Hillary Tax Release Means nothing. She will "amend" them later. She refiled last 6 years.

    08/31/2016 7:36:42 PM PDT · by NoLibZone · 9 replies
    Aug 31,2016 | NoLibZone
    It's legal to file amended taxes. Hillary just refiled on : not 1 not 2 not 3 not 4 not 5 but on 6 years of taxes! 6 years! Hillary has a history of releasing financial data and then later "correcting"it. Her tax release means nothing.
  • Nobel prize winner tells Clinton: Tax fossil fuels

    08/31/2016 3:53:47 PM PDT · by 2ndDivisionVet · 46 replies
    CNN Money ^ | August 30, 2016 | Heather Long
    Nobel prize winning economist Joseph Stiglitz has some advice for Hillary Clinton: Tax fossil fuels. Stiglitz, who is an adviser to Clinton, says taxing carbon would be the best way to address climate change -- and boost the U.S. economy. The move would immediately lead to higher prices for oil, gas and coal. It would also hike the cost of anything that uses those fuels such as electricity and transportation. The goal is to force Americans to find alternatives that are cheaper and better for the planet. Taxes typically hinder the economy, but Stiglitz believes this one would help. "I...
  • It’s Time to Turn Out the Lights in Illinois

    08/31/2016 3:37:38 AM PDT · by AreaMan · 34 replies
    https://www.armstrongeconomics.com ^ | 31 Aug 2016 | Martin Armstrong
    The roads in Illinois are in decay. This may be the first state to go bankrupt. The question is not if, but when. State unions are so greedy that they are destroying the very state. This is exactly how Rome fell — government employees against the people. Seven states have constitutional provisions that state employee pensions must come BEFORE everything, including debt payments. Since the legislature in New Jersey was Democrat, they fought Governor Christie on pension reform. Their solution? On the ballot in November, there will be a provision to amend the state Constitution to put employee pensions before...
  • Apple holds Europe to ransom: Tech giant threatens to cut jobs in EU (excerpt)

    08/30/2016 10:15:29 AM PDT · by plain talk · 16 replies
    Daily Mail ^ | August 29, 2016 | Martin Robinson
    Apple has already threatened to cut jobs in Europe after Brussels ordered it to repay £11billion ($14.5billion) - the biggest tax bill ever imposed outside the US. The European Commission's three-year investigation into Apple's sweetheart deal with Ireland has found it amounted to illegal state aid. Its damning report published today says the tech giant paid as little as 0.005 per cent tax by funnelling its non-US profits through its Irish headquarters with no staff or premises then on to its $178billion (£120bn) offshore fund.
  • Apple Must Repay Record EUR 13 Billion in Back Taxes Over Irish Deal: EU

    08/30/2016 6:43:13 AM PDT · by sukhoi-30mki · 71 replies
    Agence France-Presse ^ | 30 August 2016
    The European Union on Tuesday said US tech giant Apple must repay a record 13 billion euros ($14.3 billion or roughly Rs. 95,910 crores) in back taxes after ruling that a series of Irish sweetheart tax deals were illegal. "The European Commission has concluded that Ireland granted undue tax benefits of up to 13 billion euros to Apple. This is illegal under EU state aid rules because it allowed Apple to pay substantially less tax than other businesses. Ireland must now recover the illegal aid," a Commission statement said. EU Competition Commissioner Margrethe Vestager said Apple's "selective treatment" in Ireland...
  • How Republicans in Congress Would Respond to Big-Spending Infrastructure Push

    08/29/2016 8:55:10 PM PDT · by Tolerance Sucks Rocks · 17 replies
    The Daily Signal ^ | August 26, 2016 | Josh Siegel
    Fresh after Congress and the White House scored the largest transportation spending package in a decade, both presidential candidates this year are proposing billions in funding to rebuild the nation’s infrastructure. While both Hillary Clinton and Donald Trump—and the parties they represent—agree the nation’s roads, bridges, airports, rail system, and ports are in need of repair, the new proposals invite familiar questions over how the spending would be paid for, and whether the federal government is the best provider to pay for it. Those questions, and the lack of a must-pass infrastructure initiative requiring Congress’ attention in 2017, mean that...
  • EU likely to hand Apple Irish tax bill of over 1 bln euro- source

    08/29/2016 2:24:06 PM PDT · by Swordmaker · 19 replies
    News Trust (Reuters) ^ | August 29, 2016 | by Ralph Boulton
    DUBLIN, Aug 29 (Reuters) - The European Commission will rule against Ireland's tax dealings with Apple on Tuesday, two source familiar with the decision told Reuters, one of whom said Dublin would be told to recoup over 1 billion euros in back taxes. The Commission declined to comment on Monday. The European Commission accused Ireland in 2014 of dodging international tax rules by letting Apple shelter profits worth tens of billions of dollars from tax collectors in return for maintaining jobs. Apple and Ireland rejected the accusation and have both said they will appeal any adverse ruling. The source said...
  • Homeschool Advocate: US Gov’t Bullies Parents And Kids Into Common Core [VIDEO]

    08/29/2016 7:09:17 AM PDT · by KeyLargo · 14 replies
    Daily Caller News Foundation ^ | 8-27-2016 | Ginni Thomas
    Daily Caller News Foundation Homeschool Advocate: US Gov’t Bullies Parents And Kids Into Common Core [VIDEO] Ginni Thomas Contributor 10:24 PM 08/27/2016 As parents increasingly notice government schools indoctrinate children with secular or progressive values, more families are exploring homeschooling as “a freedom initiative” to maintain control over values and beliefs. Sam Sorbo is a passionate, dedicated homeschooling mom of three and talk radio host. Often on Fox News, Sorbo is an actress, former model and biomedical engineer from Duke University, who is married to actor Kevin Sorbo of “Hercules” fame. She is also the author of recent book “They’re...
  • Republican Congressman Pushes Internet Sales Tax Plan

    08/27/2016 1:37:59 PM PDT · by JeepersFreepers · 16 replies
    The Wall Street Journal ^ | August 26, 2016 | Richard Rubin
    A new Republican proposal [by Rep. Bob Goodlatte (RINO, VA)] to resolve the long-running fight over taxing internet sales across state lines drew praise from Amazon.com Inc. and House Speaker Paul Ryan. “I am shocked Republicans would propose an internet sales tax,” said Sen. Ron Wyden (D., Ore.) “This proposal would create a logistical nightmare for states like Oregon that don’t have or want sales taxes. I will continue to oppose any efforts to impose a national sales tax scheme on Oregonians.” Michael Needham, the chief executive officer of Heritage Action for America said, “the Republican-controlled Congress would be wise...
  • Responses come in to Illinois Supreme Court's decision to block voters' opinion on remapping

    08/27/2016 6:25:03 AM PDT · by KeyLargo · 27 replies
    Illinois Review ^ | Friday, August 26, 2016
    Responses come in to Supreme Court's decision to block voters' opinion on remapping SPRINGFIELD - Friday, Illinois lawmakers from all over the state expressed their dismay with the Illinois Supreme Court Democrat majority's decision to block voters from expressing their opinion on a proposed November referendum. Senate Minority Leader Christine Radogno (R-Lemont) released the following statement Friday: Illinois residents, as Illinois Supreme Court Justice Robert Thomas writes, have had their voices ‘muzzled’ after the Illinois Supreme Court ruled yesterday that only politicians, and not the people, have the power to draw legislative district maps. We cannot disenfranchise the will of...
  • Taxes Up $4.3 Million, State Money Down $200K: So Who 'Compromised' Services?

    08/26/2016 1:50:35 PM PDT · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 8/21/2016 | Tom Gantert
    Revenue sharing payments from the state of Michigan to the city of Jackson were $219,300 lower in 2015 than in 2010. But Jackson’s overall annual tax revenues grew by $4.3 million over the same period, including $2.3 million more from its city income tax. The decline of $220,000 in state revenue sharing funds, though, was the subject of a recent public meeting in Jackson hosted by a statewide local government lobbying organization called the Michigan Municipal League. The MML is trying to make an issue out of state revenue sharing payments as part of a pitch for municipalities to get...
  • Reaganomics V Obamunism

    08/22/2016 12:04:15 PM PDT · by mainestategop · 5 replies
    https://www.youtube.com/watch?v=WbsIdQt3E0A The best clips of the 1980 Debate between Reagan and loser president Jimmah Cartah! I think this illustrates the differences between capitalism and socialism and shows that Reagan is not to blame for the problems of the 80s but inherited the problems from the left. I wish there were more documentaries on how terrible things were in this country before Reagan took office. Sick of know nothing millennials and Generation X'ers and commie baby boomers who know nothing of how bad things really were and nothing about how things work posting lies on Youtube and elsewhere!
  • Watch out for these new telephone scams to steal your money

    08/21/2016 3:27:23 PM PDT · by Innovative · 95 replies
    Daily Breeze ^ | Aug. 21, 2016 | Larry Altman,
    They are extremely persistent and claiming to be the IRS and threatening to throw you in jail and all kinds of things,” the 76-year-old Torrance resident said. “They try to make it sound official.” In the past month, the IRS and several South Bay police agencies have issued public warnings about the IRS scam and similar cons perpetrated by thieves on the telephone. “You are never going to get a call from the IRS demanding an immediate tax payment,” IRS spokesman Raphael Tulino said. “A lot of folks will hear it’s the IRS and act out of panic or dismay,...
  • Clinton's economic plans likely to boost her corporate donors

    08/21/2016 10:50:03 AM PDT · by blueyon · 14 replies
    WashingtonExaminer.com ^ | 8/21/16 | Sarah Westwood
    Hillary Clinton spent the past two weeks rolling out economic proposals that include the "biggest investment in new, good-paying jobs since World War II" and a tax hike on corporations and the wealthy, which could create lucrative opportunities for many of the corporations that have lined her campaign coffers. She has proposed refurbishing the electrical grid to make it "clean," and establishing a government-run bank that would steer taxpayer funds toward the private companies that are chosen to implement her projects. One ambitious aspect of her plan involves extending broadband access to every American household by 2020. Similar efforts launched...
  • Ronald Reagan predicts the future

    08/19/2016 8:49:41 AM PDT · by mainestategop · 10 replies
    https://www.youtube.com/watch?v=SUsy6rtDfHQ
  • You Can't Do That: Township's Taxpayer-Funded Tax Hike Electioneering

    08/18/2016 5:05:28 AM PDT · by MichCapCon · 3 replies
    Michigan Capitol Confidential ^ | 8/16/2016 | Derek Draplin
    A flier distributed by a Saginaw County township to residents advocating a “yes” vote on a millage question likely violates state campaign finance law. Despite what the Maple Grove Township officials claim is an error in the text, the flier is still illegal, according to one long-time Michigan expert on such issues. The flier states that the Maple Grove Fire Department asks for a “yes” vote in November on a three-year property tax millage that would cost the average household $84 per year per household for three years. The millage would give the department $252,000. Cheryl Bishop, the township treasurer,...
  • Omaha's Answer to Pothole Complaints: a New Dirt Road

    08/17/2016 4:28:43 PM PDT · by Theoria · 20 replies
    AP ^ | 16 Aug 2016 | Margery a. Beck and Scott Mcfetridge
    For miles and miles Omaha stretches on, one tidy, suburban-style neighborhood after another filled with modern low-slung houses set on spacious lawns with towering oaks and elms. It's a model of comfortable mid-American living, with one unusual exception: thanks to a quirk in how Omaha developed, about 300 miles of streets in these nice neighborhoods are pitted with potholes almost big enough to swallow an SUV. The bad roads have been both an anomaly and a source of complaints for years. But recently, they've become the center of a mini-crisis after local officials began dispatching crews to tear up the...
  • Clinton shrugs off Trump shakeup, attacks his tax plan

    08/17/2016 4:25:09 PM PDT · by Innovative · 7 replies
    Chicago Tribune ^ | Aug. 17, 2016 | Tribune news services
    At the rally, Clinton suggested staffing changes won't fix her rival's campaign or change his past insults of the Muslim American parents of an Army Captain killed in Iraq, or incendiary comments about women and people with disabilities. Trump, she said, has "shown us who he is." "There is no new Donald Trump. This is it," she added. Even as she has struggled to address questions about her honesty amplified by scrutiny of her use of a private email server at the State Department, Clinton has addressed the trust issues in other ways. Popular surrogates, including Vice President Joe Biden...
  • Donald J. Trump Remarks on Creating a New and Better Future for America’s Inner Cities

    08/16/2016 8:39:55 PM PDT · by Ray76 · 82 replies
    DonaldJTrump.com ^ | Aug 16, 2016 | Donald J. Trump
    It’s so great to be here tonight. I am honored to also be joined this evening by Governor Scott Walker, Chairman Reince Priebus, and Mayor Rudy Giuliani. We are at a decisive moment in this election. Last week, I laid out my plan to bring jobs back to our country. Yesterday, I laid out my plan to defeat Radical Islamic Terrorism. Tonight, I am going to talk about how to make our communities safe again from crime and lawlessness. Let me begin by thanking the law enforcement officers here in this city, and across this country, for their service and...
  • Hillary Clinton: Tax, Spend and Recession

    08/16/2016 6:06:01 AM PDT · by Kaslin · 2 replies
    Townhall.com ^ | August 16, 2016 | Stephen Moore
    Poor Hillary Clinton. She's trying so fervently to come up with at least one new and inspiring idea to jump-start a moribund economy and help the financially stressed middle class. But the left's idea cupboard is empty. They have nothing to offer except: tax; spend; spin; hit the button again. So in her speech on Thursday on the economy, she proposed last week's leftover cold porridge. And it doesn't taste any better today than when President Obama first served it up. Clinton touted her proposed jobs program, which she has said she will launch "in (her) first 100 days (in...
  • Citing Western Massachusetts drivers, Gov. Charlie Baker vetoes vehicle miles traveled tax

    08/15/2016 3:43:08 PM PDT · by Clintonfatigued · 45 replies
    Massachusetts Live ^ | August 10, 2016 | Shira Schoenberg
    Citing concerns about the impact on drivers in Western Massachusetts, Gov. Charlie Baker on Wednesday vetoed a pilot program to test a mileage-based tax on drivers. "I worry a lot about the consequences of this for everybody from Worcester west," Baker said. "It feels to me like it falls into a category of something people really ought to know a lot more about before they head down this road." The Massachusetts Legislature sent Baker a road and bridge funding bill with a provision directing the administration to apply for federal funding to test a new tax on drivers based on...
  • Congrats, You Won a Gold Medal. Now, Here’s Your Tax Bill

    08/15/2016 2:20:04 PM PDT · by nickcarraway · 29 replies
    KFOR ^ | AUGUST 14, 2016 | NADIA JUDITH ENCHASSI
    Michael Phelps may be untouchable in the water, but even he can’t out-swim the Tax Man. America’s Olympic medalists must pay state and federal taxes on the prize money they get for winning. The U.S. Olympic Committee awards $25,000 for gold medals, $15,000 for silver and $10,000 for bronze. That’s not all. Olympians also have to pay tax on the value of the medals themselves. Gold and silver medals are made mostly of silver, while bronze medals are composed of mostly copper. Rio’s medals are among the largest and heaviest ever and contain about 500 grams of either silver or...
  • Reminder: Olympians Must Pay Thousands in Taxes For Earned Medals

    08/15/2016 12:30:42 PM PDT · by Kaslin · 68 replies
    Townhall.com ^ | August 15, 2016 | Katie Pavlich
    If you're like me, you love the Olympics. You especially love the Olympics when Team USA is wracking up bragging rights and this time around, they're winning big. Unfortunately, years of dedication to mastering a sport and taking home Olympic medals is expensive. Why? Team USA athletes who win medals get slapped with giant tax bills as soon as they arrive home from Rio. America's Olympic medalists must pay state and federal taxes on the prize money they get for winning. The U.S. Olympic Committee awards $25,000 for gold medals, $15,000 for silver and $10,000 for bronze. That's not all. Olympians also...
  • Tim Cook addresses Apple's US taxes, says no repatriation without 'fair rate'

    08/15/2016 1:26:58 AM PDT · by Olog-hai · 38 replies
    CNBC ^ | 08/14/2016 | Javier E. David
    Apple CEO Tim Cook struck back at critics of the iPhone maker’s strategy to avoid paying U.S. taxes, telling The Washington Post in a wide ranging interview that the company would not bring that money back from abroad unless there was a “fair rate.” Along with other multinational companies, the tech giant has been subject to criticism over a tax strategy that allows them to shelter profits made abroad from the U.S. corporate tax rate, which at 35 percent is among the highest in the developed world. The move complies with the letter of the law, if not the spirit,...
  • Insanity Once More: The Hillary Clinton Economic Plan

    08/13/2016 2:24:05 PM PDT · by Kaslin · 10 replies
    Townhall.com ^ | August 13, 2016 | Larry Kudlow
    Doing the same thing over and over again and expecting different results, when in fact the results never change, is one definition of insanity. That definition works for economic insanity, too. Over the past seven-and-a-half years, President Obama has maintained a steady course of burdensome new regulations, significant tax increases, and massive federal spending on so-called infrastructure. He has unconstitutionally ordered executive actions, favored labor over business, attacked banks, insulted successful corporate leaders, and backed federal-government mandates on business. And with all this, strong economic recovery from a deep recession -- which has been an American tradition -- never came...
  • Report: Businesses leaving or curbing operations in state (CA)

    08/13/2016 12:52:06 PM PDT · by Mark · 16 replies
    Los Angeles Daily News ^ | 8/13/2016 | Kevin Smith
    California’s costly tax and regulatory policies prompted more than 10,000 businesses to leave the state, reduce their operations or curtail plans to locate here between 2008 and 2015, according to a report from Spectrum Location Solutions. The Irvine-based company conducts site-selection studies and other assessments to help businesses relocate to optimum states and locales for their operations. Some of their clients include corporations that have relocated out of California, like Honda. The report, “California Business Departures: An Eight-Year Review 20082015,” reveals that at least 1,687 California disinvestment events occurred during that period, a count that reflects only those that became...
  • Buffett says he's still paying lower tax rate than his secretary [Obama gave him a Medal!]

    08/12/2016 8:07:36 PM PDT · by NoLibZone · 53 replies
    FLASHBACK CNN ^ | March 4, 2013 | Flashback CNN Chris Isidore
    Warren Buffett says even though he and other top earners are paying higher taxes this year, he thinks he's still paying a lower rate than his secretary.