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78%  
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Keyword: taxes

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  • Minneapolis Group Wants Officers to Pay for Own Liability Insurance

    05/21/2015 6:16:53 PM PDT · by TurboZamboni · 21 replies
    KSTP ^ | 5-21-15 | Joe Augustine
    Before Officer Michael Griffin was indicted on federal charges for using excessive force and lying under oath, he cost the city of Minneapolis $411,864.78. The city paid $140,000 in 2014 to settle a lawsuit filed by Ibrahim Regai, who Griffin allegedly knocked unconscious at a Minneapolis night club in 2010, while he was off duty. That same year, a federal jury in a civil trial ruled the city must pay Jeremy Axel, Michael Mitchell and their attorneys $271,864.78. Griffin allegedly kicked Mitchell in the chest and punched Axel in the back of the head, knocking him unconscious outside a club...
  • Mark Dayton keeping veto promise on education bill

    05/21/2015 5:59:20 AM PDT · by TurboZamboni · 9 replies
    Pioneer Press ^ | 5-21-15 | Christopher Megan
    Hours after a chaotic end to the 2015 legislative session, Gov. Mark Dayton said he wants to summon lawmakers back to the Capitol to fix an "insufficient" education funding bill. Dayton renewed his promise Tuesday to veto the $17 billion spending bill that had yet to cross his desk, noting it left out his top priority of universal preschool. That means lawmakers, who came within $25 million of a deal that didn't materialize before the end of the legislative session Monday, will have to come back to St. Paul in the coming weeks for a special session held somewhere other...
  • Trek urges Wisconsin cyclists to oppose governor's proposed budget cuts and bike tax

    05/21/2015 1:05:24 AM PDT · by Cincinatus' Wife · 39 replies
    Industry News, Bicycle Retailer ^ | May 20, 2015 | Brain Staff
    "I think the reason these anti-bike policies are being proposed is it’s a red-meat issue for a lot of Republicans," Bike Fed executive director Dave Cieslewicz told Madison.com. "They have stereotypes about what cyclists are and they don’t see them as their voters. They see attacks on cycling as politically beneficial." WATERLOO, Wis. (BRAIN) — Trek Bicycle's president, John Burke, is urging Wisconsin cyclists to contact their state lawmakers in support of the state's Complete Streets Law, which Gov. Scott Walker has proposed eliminating. Burke, in an email sent this week, also urged them to oppose a $25 state bicycle...
  • Incentive Policies Fooled by Job Turnover

    05/19/2015 6:13:13 PM PDT · by MichCapCon
    Michigan Capitol Confidential ^ | 5/14/2015 | James Hohman
    Last month, the Michigan House Tax Policy committee heard testimony about the state’s economic incentive programs. The usual justification for giving selective favors to particular firms was trotted out: Other states will capture these projects if this state does not distribute taxpayer cash to companies and developers. Without special incentives, proponents argue, Michigan is doomed to fall behind. Yet this rationale reveals a fundamental misunderstanding of how the economy works. Monthly job reports suggest that Michigan’s economy grows or shrinks very slightly from month to month, but this data hides the massive amount of job creation and job loss that...
  • Eau Claire County Board Chair says alleged theft is "violation of public trust"

    05/19/2015 9:50:12 AM PDT · by Sopater · 7 replies
    WQOW News 18 ^ | May 18, 2015 9:43 AM CST | Emily Valerio
    Eau Claire County (WQOW) - A new week brings disheartening news to the taxpayers of Eau Claire County. The former Eau Claire County Treasurer and his assistant have been accused of stealing hundreds of thousands of dollars. According to the criminal complaint, they took more than $625,000 from the county between 2011 and 2013. Larry Lokken and Kay Onarheim have both been charged with 11 counts of felony theft, as well as three counts each of misconduct in the office. They were arrested by the Eau Claire Police Department on Thursday and have been in jail since then. The two...
  • THE WATCHDOGS: Generous pension benefits only one part of state, city financial crisis ( Chicago )

    05/18/2015 7:03:55 AM PDT · by george76 · 13 replies
    Chicago Sun-Times ^ | 05/17/2015 | Chris Fusco, Dan Mihalopoulos and Patrick Rehkamp
    One of every four retired workers from the state of Illinois, the city of Chicago and the Chicago Public Schools is getting a pension of more than $60,000 a year. That’s 80,365 people in all. For 13,240 of them, those checks provide a yearly income of $100,000 or more, a Chicago Sun-Times/Better Government Association analysis of pension records has found. An additional 20,004 have pension incomes totaling between $80,000 and $100,000 a year. ... the root of the problem is that government officials kept promising lifetime benefits to workers — and, in many cases, to their surviving spouses should they...
  • Paying for Obamacare

    05/17/2015 12:10:59 PM PDT · by george76 · 7 replies
    ap ^ | May 17, 2015
    As Alice in Wonderland might say, a curious tax just got curiouser. The burden to states could mount to $13 billion in less than a decade. ... It works like this: State governments pay insurers for the tax. The insurers then pay the tax to the federal government. The federal government then reimburses part of the cost to the states. It may sound absurd, but it's not amusing to state governments, which wind up losing 54 cents for every dollar of the insurance tax. State taxpayers end up the biggest losers, without any added benefit to their state's low-income Medicaid...
  • Cruz promises detailed tax plan 'soon'

    05/15/2015 6:57:51 PM PDT · by 2ndDivisionVet · 44 replies
    ATHENS, Ga. — Presidential candidate Ted Cruz said Friday that he will release in the coming weeks details of his promised "simple, flat tax" to replace existing graduated income tax rates. But the Texas senator told the Associated Press that he's still not decided on key details, such as whether a flat tax would also replace payroll taxes and taxes on investment income....
  • Exchange board votes to scoop up millions from two higher fees ( Colorado health insurance )

    05/15/2015 12:10:18 PM PDT · by george76 · 20 replies
    Health News Colorado ^ | May 15, 2015 | Katie Kerwin McCrimmon
    Despite fury from lawmakers the day before, Colorado’s health exchange board voted on Thursday to collect millions of additional dollars from all Colorado health insurance customers, even those who have nothing to do with the exchange. On top of that “broad market assessment,” the board also voted to more than double the user fees levied on people who buy insurance through Colorado’s exchange. .. The higher broad market fee is projected to allow Connect for Health Colorado to scoop up about about $20 million in 2016. It has been set at $1.25 per member per month on all health insurance...
  • Obama Plays Class-warfare Card — Calls Wealthy “Society’s Lottery Winners”

    05/15/2015 3:14:47 AM PDT · by bob_denard · 57 replies
    The New American ^ | Thursday, 14 May 2015 | by Selwyn Duke
    Resurrecting his “You didn’t build that; somebody else made that happen” theme, Barack Obama called for higher taxes on people whom he characterized as “society’s lottery winners.” The comments were made Tuesday at a poverty summit at Georgetown University in Washington, D.C., where, alluding to his longstanding proposal to raise taxes on “carried interest,” Obama said, “If we were able to close that loophole, I can now invest in early childhood education that will make a difference. That’s…where the question of compassion and ‘I’m my brother’s keeper’ comes into play. And if we can’t ask from society’s lottery winners to...
  • Rep. Alan Grayson erupts after his own off-shore funds was exposed by a Florida newspaper

    05/14/2015 3:40:18 PM PDT · by SeekAndFind · 16 replies
    Hotair ^ | 05/14/2015 | Ed Morrissey
    There have been few progressives as angry about off-shore investment accounts as Rep. Alan Grayson (D-FL). In 2011, not coincidentally while Mitt Romney readied his presidential campaign, Grayson wrote at the Huffington Post that Barack Obama should order “the IRS to audit every one of the Fortune 500″ corporations. Grayson wanted to stop them from “evading taxes through transfer pricing and offshore tax havens.”Grayson may have known more about that than first thought. Adam Smith of the Tampa Bay Times found out that Grayson himself had incorporated two funds in the Caymans later that same year, the same kind...
  • “You Didn’t Earn That on Your Own; Somebody Else Did That For You” (take 5)

    05/14/2015 7:40:11 AM PDT · by NOBO2012 · 16 replies
    Michelle Obama's Mirror ^ | 5-14-2015 | MOTUS
    Speaking to a panel on poverty at Georgetown University, President Barack Obama dismissed wealthy Americans as “society’s lottery winners” and called on them to made a “modest investment” to the poor in the form of tax increases. – Daily Caller If you Google “Life’s Biggest Lottery Winner” I’m pretty sure this will be the first image entry: The luckiest man in the world “There’s a fairness issue involved here. And by the way, if we were able to close that loophole, I could now invest in early childhood education to make a difference. [Prove it] That’s where the rubber...
  • Connecticut's Novel Way to Kill Jobs and Tax Employers

    05/14/2015 6:40:56 AM PDT · by all the best · 20 replies
    Mises Institute ^ | May, 14, 2015 | Christopher J. O'Connell
    The state of Connecticut may be embarking on new territory as they seem to be pushing a rather creative way to extract revenue from for-profit businesses. The state legislature of Connecticut has proposed what’s commonly referred to as SB1044. Muddled in the labyrinth known as legal terminology, we find this gem of a sentence in the bill itself: Any covered employer that employs, or whose franchisee employs, any employee (1) who was listed on such covered employer’s or such franchisee’s payroll for at least ninety calendar days prior to the completion of the most recent calendar quarter, and (2) whose...
  • Congressman Absolutely Loses It on Reporter With Profanity-Laced Tirade Involving…Robots

    05/14/2015 6:12:46 AM PDT · by Cincinatus' Wife · 26 replies
    The Blaze ^ | May 14, 2015 | Billy Hallowell
    Democratic congressman Alan Grayson reportedly unleashed a profanity-laced tirade against a reporter who questioned his offshore investments during a recent interview, angrily asking the journalist if he’s “some kind of s**tting robot” who goes around “s**tting on people.” The fiery moment reportedly came after Tampa Bay Times political editor Adam Smith inquired about some accounts in the Cayman Islands which he said Grayson “incorporated … so investors could avoid taxes”; the politician railed against this accusation.
  • Essay on Labor, Minimum Wage, Taxes, Immigration, Federal Budgets and Train Wrecks

    05/13/2015 12:21:50 PM PDT · by concernedcitizen76 · 3 replies
    Original work | May 13, 2015 | Self
  • This Man Is America’s Best Hope for Near-Term Climate Action

    05/13/2015 9:59:51 AM PDT · by Cincinatus' Wife · 28 replies
    Slate ^ | May 13, 2015 | Eric Holthaus
    Conservative climate champions are often laughed off or ignored. But what’s happening within the American political right could change everything, and fast.Each year since 1989, the JFK Library bestows its Profile in Courage award to a public servant who takes a principled but unpopular position. This year,the award went to Bob Inglis, a former congressman from South Carolina who’s turned into America’s best hope for near-term climate action. Oh, he’s also a Republican.As you might expect, Inglis wasn’t always a climate campaigner. In his acceptance speech last week at the JFK Library in Boston,he described how and why he changed...
  • Michigan voters reject road funding ballot measure, Proposal 1 (sales tax road maintenance)

    05/11/2015 7:35:54 AM PDT · by Lorianne · 17 replies
    Michigan Radio ^ | 05 May 2015 | Mark Brush
    We in Michigan have been talking about fixing our roads for years. "Just fix the damn roads," was the mantra Michigan lawmakers heard over and over from their constituents. Now the refrain sounds more like "just don't fix the damn roads this way." Voters overwhelmingly voted "no" on Proposal 1 - the statewide road funding ballot initiative that would have raised the state's sales tax from 6% to 7% in order to change the way fuel is taxed in Michigan. The changes in fuel tax would have generated new road funding. See vote tallies here. Now it's back to the...
  • New services tax could boost CA revenue by $122 billion

    05/10/2015 6:13:26 PM PDT · by artichokegrower · 74 replies
    CalWatchDog ^ | 09 May, 2015 | Dave Roberts
    Placing a tax on business services in California has the potential to raise an additional $122.6 billion annually for state and local governments, according to a recent Board of Equalization study. A services tax could become a reality if Senate Bill 8 is approved by the Legislature and signed by Gov. Jerry Brown.
  • Ben Carson touts a flat tax plan that even the poor would pay

    05/10/2015 3:21:22 PM PDT · by 2ndDivisionVet · 85 replies
    McClatchy DC ^ | May 10, 2015 | William Douglas
    Republican presidential candidate Ben Carson Sunday touted a flat tax plan that he says even the nation’s poor would pay if he’s elected. Speaking on "Fox News Sunday," Carson said it’s "very condescending" to think that poor people can’t pay taxes at the same flat rate as wealthier Americans. Carson said he got the idea for his plan – he calls it a proportional tax – from tithing in the Bible. Using a 10 percent rate as an example, Carson said "You make $10 billion a year, you pay $1 billion. You make $10 a year, you pay one dollar."...
  • Ben Carson: Let’s slash Big Oil to pay for ethanol

    05/10/2015 2:58:11 PM PDT · by 2ndDivisionVet · 75 replies
    Hot Air ^ | May 10, 2015 | Jazz Shaw
    Well this is certainly disappointing. With all of the newly emerging candidates running around the early primary and caucus states talking to anyone who will listen it gets difficult to keep track of them all. But there’s one bit of news out of Iowa from earlier this week which is definitely worth a quick rewind and a better look. Newly announced presidential contender Ben Carson was out talking to the Cornhuskers and the inevitable subjects of ethanol, the Renewable Fuel Standard (RFS) and subsidies for King Corn came up. The answer from the esteemed neurosurgeon was dismaying even compared to...
  • What price for lower tolls? (Baltimore Sun editorial)

    05/10/2015 12:13:05 PM PDT · by Tolerance Sucks Rocks · 15 replies
    The Baltimore Sun ^ | May 7, 2015 | The Baltimore Sun
    hatever one might have thought about the Maryland Transportation Authority's decision to raise tolls four years ago, no one can say the two-phase proposal wasn't scrutinized from all angles or that the public wasn't given sufficient opportunity to ask questions or make comment. The same can't be said for the agency's decision to roll them back — in some cases below what they were before the last price increase. That secrecy and abrupt decision-making should give Marylanders pause about what's going on at the agency that owns and manages some of the state's most important — and costly — transportation...
  • Germany eyes modest tax cut next year

    05/09/2015 4:49:38 AM PDT · by Berlin_Freeper · 6 replies
    expatica.com ^ | 7th May 2015 | AFP
    ... In January, the German government said that in 2014 it had managed to balance its books for the first time since 1969, a year ahead of target.
  • IRS unable to make sure people comply with Obamacare penalty: Treasury IG

    05/08/2015 10:07:56 AM PDT · by T Ruth · 16 replies
    The Washington Times ^ | May 8, 2015 | Tom Howell Jr.
    The IRS cannot be sure that Americans who lacked health insurance last year have complied with Obamacare’s “individual mandate” penalty this tax season, according to an inspector general report Friday that pointed to a decision to delay proof-of-coverage forms from insurers and employers until 2016. Agency mangers told the Treasury’s Inspector General for Tax Administration that a “business decision was made to not develop processes and procedures” to ensure compliance after it decided in 2013 to delay the pair of forms. The documents are sent to both filers and the IRS, allowing the federal government to cross-check what filers say...
  • Walker’s vicious college-tuition scam: reason why higher-ed budget cuts are so devastating

    05/08/2015 9:31:33 AM PDT · by Cincinatus' Wife · 71 replies
    Salon ^ | Sean McElwee
    Over the last decade, states have made massive cuts to higher education, with average state support falling from $9,729 per student in 2001 to $6,815 in 2011. While a large share of the blame for these cuts can be pinned on the financial crisis and subsequent recession, some of the decline is due to a deliberate effort to eviscerate public higher education. For instance, Bobby Jindal plans to savage higher education spending in Louisiana to the tune of $141.3 million, or about 12 percent of the state’s higher education budget, to pay for tax cuts. In Wisconsin, Scott Walker is...
  • Illinois Justices Overturn State's Landmark 2013 Pension Law

    05/08/2015 9:08:03 AM PDT · by GIdget2004 · 39 replies
    ABC7chicago.com ^ | 05/08/2015 | AP
    The Illinois Supreme Court on Friday struck down a 2013 law that sought to fix the nation's worst government-employee pension crisis, a ruling that forces the state to find another way to overcome a massive budget deficit. In a unanimous decision, the seven justices declared the law passed 18 months ago violates the state constitution because it would leave pension promises "diminished or impaired." The decree puts new Republican Gov. Bruce Rauner and Democrats who control the General Assembly back at the starting line in trying to figure out how to wrestle down a $111 billion deficit in what's necessary...
  • Americans abroad renouncing US citizenship hits record - again

    05/08/2015 7:05:02 AM PDT · by SeekAndFind · 47 replies
    American Thinker ^ | 05/08/2015 | Rick Moran
    <p>More Americans renounced their US citizenship in the first quarter of 2015 than any previous quarter in history, according to the IRS.</p> <p>A record 1,335 Americans living overseas renounced their citizenship in the first three months of 2015, according to the Internal Revenue Service.</p>
  • Would the Real Mike Huckabee Please Stand Up?

    05/07/2015 7:41:33 PM PDT · by 2ndDivisionVet · 33 replies
    Tax Justice Blog ^ | May 7, 2015 | Richard Phillips, Research Analyst at CTJ
    Despite having a relatively moderate record on tax policy as the governor of Arkansas, Mike Huckabee has wholeheartedly embraced a radically regressive tax plan as a central plank of his presidential candidate platform. For years, Huckabee has been one of the main proponents of the “Fair Tax,” a plan that would replace all federal taxes with a national sales tax. Citizens for Tax Justice and the congressional Joint Committee on Taxation have each found that to raise the same amount of revenue as current law, the sales tax rate would have to be about 50 percent. A study by the...
  • Scott Walker in 2008: Too Many "Poverty Pimps" Use "Cycle of Dependency" For Political Control

    05/07/2015 8:20:30 AM PDT · by Laissez-faire capitalist · 28 replies
    Buzz Feed News ^ | 5/5/2015 | Christopher Massie
    Scott Walker said in 2008 that the government "needs to do more to give people freedom back" by fighting the "poverty pimps in our society," referring to government officials and community-based organizations that, he said, use poverty for political power. ...
  • Role of government powers at issue in pension case

    05/07/2015 7:32:46 AM PDT · by redreno
    http://news.yahoo.com ^ | 05/06/2015 | By GEOFF MULVIHILL
    TRENTON, N.J. (AP) — New Jersey's top court weighed the budget repercussions of ruling on a pension dispute between Gov. Chris Christie and public workers' unions on Wednesday while one justice wondered if the state had engaged in a "bait and switch." The state Supreme Court probed whether the state has a contractual obligation to pay what it agreed to in a 2011 pension overhaul law and tried to get lawyers from both sides to explore whether such a finding would represent an overstepping of the courts' role and put it in the middle of the state budget process every...
  • Chapter 5: Taxes Discourage Production(Christian Economics in One Lesson)

    05/07/2015 7:26:53 AM PDT · by all the best · 1 replies
    Gary North's Specific Answers ^ | May 2, 2015 | Gary North
    The people of Israel wanted a king. They heard of the nations around them, and they were told that these nations had strong central governments. Each was led by a king, who embodied the power, prestige, and glory of his nation-state. The system of civil rule in Israel at this time was based on decentralized tribes. Each tribe had a system of judges. There was no legislature. There was no central civil government. Samuel was both a priest and a civil judge. Representatives of the people of Israel came to him and asked him to anoint someone to serve as...
  • Walker In Wisconsin: A $1 Sweater And $2 Billion In Tax Cuts

    05/07/2015 4:34:23 AM PDT · by Cincinatus' Wife · 20 replies
    Forbes ^ | May 7, 2015 | Martin Sullivan
    Since becoming governor of Wisconsin in 2011, Republican presidential hopeful Scott Walker has signed into law 15 tax bills that have reduced taxes by nearly $2 billion. “Every action of our administration should be looked at through the lens of job creation,” Walker told lawmakers in early 2011. In that year, despite a looming fiscal deficit, he persuaded the Republican-controlled Legislature to enact a variety of tax incentives for employers. Those included a tax credit for business relocations to Wisconsin, a credit for manufacturing and agriculture, capital gains tax relief for new investment in Wisconsin, a deduction for new hires,...
  • As American taxpayers all we have is: Taxation without Representation

    05/06/2015 8:30:46 AM PDT · by Oldpuppymax · 3 replies
    Coach is Right ^ | 5/6/15 | Kevin "Coach" Collins
    It is laughable that the District of Columbia, the most powerful City state in the world, puts the phrase, “Taxation without Representation” on its automobile license plates. Their whining is ridiculous. The government of the District of Columbia is the federal government of the United States of America and because of this the District of Columbia is omnipotent. It is we, the people of the United States who suffer Taxation without Representation. Supposedly acting in our name, because it funds almost everything to one extent or another, the federal government puts its hand into our lives multiple times a day;...
  • Tobacco tax initiative proposed for California

    05/05/2015 8:33:31 AM PDT · by Oldeconomybuyer · 7 replies
    Los Angeles Times ^ | May 4, 2015 | by PATRICK MCGREEVY
    Stepping up pressure on the California Legislature to raise the tobacco tax, a coalition of health groups said Monday it will begin circulating petitions to put an initiative on the November 2016 ballot to hike the levy on cigarettes. The initiatives would raise the tobacco tax by $2 per pack of cigarettes to raise $1.5 billion annually for smoking prevention and smoking-related medical costs now borne by taxpayers through Medi-Cal, the state's healthcare program for the poor. The filing is by the group Save Lives California Coalition, which includes the American Heart Assn., American Lung Assn. in California, American Cancer...
  • Ann Arbor voters talk school and road tax choices (Vote NO on Proposal 1 Statewide!)

    05/05/2015 5:26:36 AM PDT · by Darren McCarty · 25 replies
    Mlive ^ | 5-5-2015 | Ben Freed
    Ann Arbor area voters went to the polls Tuesday morning facing questions about the future of their roads and schools. Ann Arbor Public Schools officials have asked voters to approve a 10-year extension for the district's millage rate, which would raise an additional $33 million for area schools. The millage rate is scheduled to gradually fall off from its current 2.45-mill rate starting next year. If voters pass the ballot proposal it will stay at that rate for an additional decade. The district has said it would use the funds to purchase new classroom furniture, buses and instruments as well...
  • Not enough money? Baltimore got $1.8 billion from Obama Stimulus

    05/05/2015 1:40:52 AM PDT · by blueyon · 7 replies
    American Thinker ^ | 5/04/15 | Thomas Lifson
    Last Tuesday, President Obama blamed the GOP-controlled Congress for its failure to fund the “massive investment in urban communities” that could “make a difference.” Well, how does $1.8 billion for the 622,000 people of Baltimore sound? Pretty massive – actually, just about $2900 for every man, woman, child, and baby of the entire City of Baltimore. But that’s the total amount of Obama Stimulus money sent to Charm City, according to an analysis by The Free Beacon:
  • Plenty of ideas would trump that $2 billion train

    05/04/2015 6:29:56 AM PDT · by TurboZamboni · 10 replies
    Pioneer Press ^ | 4-28-15 | Joe Soucheray
    As recently as 2010, the estimated cost for the Southwest Light Rail Transit line was estimated to be $1.2 billion, or about the cost of a new football stadium. Then the cost jumped to $1.7 billion because somebody spun the magic wheel. Now the cost is projected to be $2 billion. OK, $1.994 billion, but if they find an endangered earthworm or an especially exotic cattail, all bets are off and the project will shoot over $2 billion in a European minute, for the Metropolitan Council loves to keep playing Europe. The train stops are called Royalston, West Lake, Blake...
  • Baltimore Received $1.8 Billion from Obama’s Stimulus Law City burned despite ‘massive investment’

    05/04/2015 5:20:00 AM PDT · by KeyLargo · 20 replies
    Free Beacon ^ | May 4, 2015 | Elizabeth Harrington
    Baltimore Received $1.8 Billion from Obama’s Stimulus Law City burned despite ‘massive investment’ implemented by president BY: Elizabeth Harrington May 4, 2015 5:00 am The city of Baltimore received over $1.8 billion from President Barack Obama’s stimulus law, including $467.1 million to invest in education and $26.5 million for crime prevention. President Obama claimed last Tuesday that if the Republican-controlled Congress would implement his policies to make “massive investments in urban communities,” they could “make a difference right now” in the city, currently in upheaval following the death of Freddie Gray. However, a Washington Free Beacon analysis found that the...
  • Income Inequality, are Dems serious?

    05/03/2015 8:51:00 AM PDT · by asinclair · 12 replies
    Vanity
    Income inequality -- most Democrat-proposed solutions don't give any incentive to the employee, at all levels, to work better and more productively in order to earn more money by their effort. I propose here extending the "bonus pool" to all employees, and show how government can help make that happen.
  • Oops: Bill Clinton 'Mistakenly' Misreports Taxable Income as Tax-Free Donations

    05/02/2015 6:37:35 PM PDT · by Zakeet · 36 replies
    Townhall ^ | May 1, 2015 | Guy Benson
    Once again, mistakes -- passive voice -- were made: Clinton Foundation mistakenly listed payments to Bill from Chinese developer & US-Islamic Conference as donations. http://t.co/UNAP89ipu9 — Kenneth P. Vogel (@kenvogel) April 30, 2015 The foundation has also come under scrutiny for failing to clear all foreign government donations through an agreed-upon State Department vetting process when Hillary Clinton was secretary of state, and for failing to identify foreign government donations on tax returns. Fact-checkers this week challenged the foundation’s claims that it’s barred by Canadian privacy laws from revealing the names of more than 1,000 mostly foreign donors to a...
  • Soros Uses His Foundations to Dodge Taxes

    05/02/2015 4:18:04 PM PDT · by george76 · 13 replies
    FrontPage Magazine ^ | May 1, 2015 | Daniel Greenfield
    While Obama Inc. targets conservative groups, it isn’t going to annoy the guy who bought its boss his spot in the White House. Soros’ wealth increased tremendously during Obama’s time in office. And much of it came from dodging taxes. You know, the taxes he insists that middle class peons and small business owners need to be socked with. George Soros likes to say the rich should pay more taxes. A substantial part of his wealth, though, comes from delaying them. While building a record as one of the world’s greatest investors, the 84-year-old billionaire used a loophole that allowed...
  • Clinton Charities Raked in Millions of Taxpayer Dollars (greedy parasites sucked-up $7.4M)

    05/01/2015 4:02:08 PM PDT · by Liz · 13 replies
    freebeacon.com ^ | 5/1/15 | Elizabeth Harrington
    Embattled Clinton Foundation and Clinton Health Access Initiative its major health-related offshoot received over $7 million from the US government in recent years, according to an analysis of public records conducted by the Washington Free Beacon. The Clinton Health Access Initiative (CHAI), chaired by Bill Clinton and run by the former president’s long-time associate Ira Magaziner, has received $6,010,898 from the Centers for Disease Control and Prevention (CDC) since 2010. CHAI, the biggest arm of the Clinton family’s charitable efforts, accounting for 60 percent of all spending, received $3,193,500 in fiscal years 2010, 2011, and 2012, according to federal contracts,...
  • Apple says EU probe of Irish tax policy could be ‘material’

    05/01/2015 5:26:52 PM PDT · by Olog-hai · 21 replies
    Reuters ^ | Wed Apr 29, 2015 2:44pm EDT | Devika Krishna Kumar
    Apple Inc. said the European Commission’s investigation into Ireland’s tax treatment of multinationals could have a “material” impact if it was determined that Dublin’s tax policies represented unfair state aid. Apple said that if the EU’s investigations concluded against Ireland, the company could be required to pay past taxes for up to 10 years “reflective of the disallowed state aid.” The EU began a formal investigation against Ireland in June last year for alleged state aid to Apple. …
  • George Soros May Face a Monster Tax Bill

    04/30/2015 10:50:16 PM PDT · by nickcarraway · 27 replies
    4/30
    George Soros May Face a Monster Tax Bill (Bloomber News can only be linked to)
  • Ted Cruz ‘hitting on a lot of cylinders’ in presidential campaign: Insiders say rollout exceptional

    04/29/2015 8:34:10 PM PDT · by 2ndDivisionVet · 63 replies
    The Washington Times ^ | April 29, 2015 | Seth McLaughlin
    Sen. Ted Cruz’s month-old presidential campaign has won strong reviews from GOP insiders in key states who say he’s managed to tap into the anti-establishment sentiment of primary voters, and his allies have proved they have the ability to raise tens of millions of dollars to boost his bid. The Texan’s presidential aspirations hinge on his ability to lay claim to being the chief conservative alternative in the race, which means he’ll have to find a way to expand beyond the tea party and social conservative base that he begins with. “He is expanding his base, and he is right...
  • Funeral taxes: California takes its cut from the dead

    04/29/2015 2:48:15 PM PDT · by Oldeconomybuyer · 19 replies
    San Francisco Chronicle ^ | April 29, 2015 | By Steve Rubenstein
    Death and taxes are just as certain as ever, except that now even more of death could be taxable. Specifically, a death or “memory” DVD. It’s big business these days in the funeral business. So the state Board of Equalization, which interprets tax law, wants to make sure California is getting its 8.25 percent cut. The board gave preliminary approval this week to new tax rules about products and services such as memory DVDs and memory books that are increasingly part of modern funerals. The state gets to collect sales tax on such personal property. So a $25 souvenir death...
  • Marco Rubio Vows Never to Raise Taxes as President

    04/29/2015 12:09:01 PM PDT · by entropy12 · 41 replies
    Yahoo Finance ^ | 04/29/15 | Sahil Kapur
    Rubio follows fellow Republican nomination aspirants Senator Ted Cruz of Texas and Senator Rand Paul of Kentucky, both of whom signed the pledge last week. His move could put fellow Floridian mentor-turned-rival Jeb Bush in a difficult position in the brewing 2016 presidential contest.
  • ObamaCare's Tax Shock Is Far Worse Than Predicted

    04/29/2015 8:33:06 AM PDT · by IBD editorial writer · 47 replies
    Investor's Business Daily ^ | 04/29/2015 | Staff
    Health Reform: Providing still more evidence of how ObamaCare is "working," most enrollees learned this year that they had to pay back a huge chunk of their insurance subsidies. So much for "affordability."
  • The Blue-City Model

    04/29/2015 6:13:13 AM PDT · by KeyLargo · 33 replies
    THE WALL STREET JOURNAL ^ | April 28, 2015
    The Blue-City Model Baltimore shows how progressivism has failed urban America. April 28, 2015 You’re not supposed to say this in polite company, but what went up in flames in Baltimore Monday night was not merely a senior center, small businesses and police cars. Burning down was also the blue-city model of urban governance. Nothing excuses the violence of rampaging students or the failure of city officials to stop it before Maryland’s Governor called in the National Guard. But as order starts to return to the streets, and the usual political suspects lament the lack of economic prospects for the...
  • Lessons from a happy place: Limited government and low taxes make Switzerland improbably successful

    04/28/2015 7:09:06 AM PDT · by SeekAndFind · 26 replies
    Washington Times ^ | 04/28/2015 | Richard Rahn
    Geneva, Switzerland — What is the happiest place? Last week in its annual “World Happiness Report,” the United Nations reported that Switzerland was No. 1. The United States ranked No. 15, and the African country of Togo came in last, at number 158. Switzerland is arguably the world’s most successful country — and most improbably so. It is landlocked and without much in the way of natural resources. It has four official languages, many different religious groups, and is surrounded by warring neighbors. Yet, it has remained an island of peace and prosperity. The last armed conflict on Swiss territory...
  • Martin O’Malley’s Terrible Fiscal Record

    04/27/2015 8:02:08 PM PDT · by yuffy · 11 replies
    Cato Institute ^ | April 27, 2015. | By Chris Edwards
    ormer Maryland Governor Martin O’Malley is readying himself for a White House run. His recent rhetoric on economics shows that he will run to the left of Democratic frontrunner Hillary Clinton. After two terms of an unpopular left-wing president, that is surely the last thing the country needs. The good news is that O’Malley has a record we can examine, so voters will have more to go on than promises of “hope and change.” For fiscal policy, Cato grades the governors from “A” to “F” every two years in its “report cards.” One thing stands out about O’Malley’s record: his...