Taxes news, articles and information:
 | 10/2/2016 - The New York Times just destroyed any last vestige of credibility it might have had by violating the law to publish a 20-year-old Trump tax return showing a $915 million loss back in the 1990s. According to the NYT, the fact that Donald Trump correctly listed a business loss on his tax returns means,...
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 | 8/18/2016 - As absurd as it may sound, Wyoming's state legislature is levying a tax on wind in an apparent effort to protect the fossil fuel industry by putting wind farms out of business.
In fact, for the past three years Wyoming has already been taxing the energy generated by wind turbines at a rate of $1...
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 | 3/7/2016 1:33:28 PM - Coca-Cola has been a household name since the company was first created back in 1886 by a pharmacist in Atlanta named Dr. John. S. Pemberton. Within two years of its creation, Coca-Cola became the world's number one selling carbonated beverage, and today is sold in over 200 different countries, according...
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 | 10/10/2015 - GOP presidential frontrunner Donald Trump has just released his tax plan and it is sure to please a great many Americans — millions, in fact.
As reported by The Wall Street Journal, Trump's plan to tax U.S. corporations that relocated offshore is being hailed by many as a step in the right...
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 | 9/11/2015 4:34:56 PM - Conservatives in Congress have been working to kill off the Ex-Im (Export-Import) Bank because they say it is little more than an entity that doles out corporate welfare. In fact, it does more than that; it also allows multi-billion dollar corporations to dodge taxes.
The Washington Times reports...
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 | 5/7/2015 - The only proof you need that many Californians are still living in a water fairy tale is the fact that California real estate prices haven't yet collapsed. Even as the California Governor has declared a state of emergency -- and emergency water rationing is under way -- there are still people purchasing...
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 | 3/8/2015 - "This note is legal tender for all debts, public and private." That's what it says on all U.S. paper currency, but the principle applies as well to coined money. But in recent days, a Texas man was arrested for "criminal trespass" after attempting to pay his tax debt with folded $1 bills.
According...
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 | 5/22/2013 - Despite being one of the top electronics corporations in the world, Apple, Inc. has been paying no corporate income taxes to any country overseas in which Apple does business, even though it has earned tens of billions of dollars.
The finding, unearthed by U.S. Senate investigators, comes as the...
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 | 5/10/2013 - Millions of people living in the Dallas-Forth Worth Metroplex region of North Texas have basically been getting ripped off on their electric bills since at least 2008, and very few of them are the wiser, according to new reports. A federally-mandated utility tax levied on customers by power company...
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 | 4/30/2013 - Most Americans know that politicians use a lot of fiction when it comes to things like budget calculations. That is especially true in the nation's capital, where simply not increasing spending as much from one year to the next qualifies as a real budget cut.
So it is no surprise that President Obama,...
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 | 4/18/2013 - If it seems like you're constantly being hit in your pocketbook by taxes and tax increases, you're right. Tax revenues are at all-time highs, but it's not enough: The president, joined by an increasing number in Congress, are seeking even more taxes, this time in the form of a new Internet tax that...
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 | 3/23/2013 - Legislators in Pennsylvania are considering a new proposal that would do away with the state's property tax scheme that currently funds government-run public schools, and replace it with slight tax increases on both sales and state income. According to the bill's advocates, property owners would benefit...
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 | 12/17/2012 - Do you remember, at the height of the debate over the Affordable Care Act - the monstrosity that became known not so affectionately as "Obamacare" - when then-House Speaker Pelosi, D-Calif., took to the dais at the 2010 Legislative Conference for the National Association of Counties with this outrageous...
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 | 12/6/2012 - When cigarette taxes go up, heavy smokers cut back on their cigarette consumption more than light smokers do, according to a study conducted by researchers from the Washington University School of Medicine and published the journal Tobacco Control.
The findings were surprising, as they defied the...
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 | 6/29/2012 - By now, we all know the U.S. Supreme Court upheld the individual mandate portion of Obamacare by declaring it a "tax." This is, in essence, a declaration that the federal government now has unlimited power to force consumers to spend some (or even all) of their take-home pay on various products, services...
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 | 6/13/2012 - There's a revolt of sorts brewing among citizens of a growing number of states who realize that, no matter how much they pay on their mortgage or how long ago they may have paid that mortgage off, they never truly own their homes. Rather, because of the property tax, Americans really just rent their...
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 | 11/26/2011 - We live in interesting times. Even as our own civilization hangs on the precipice of financial solvency, the priorities of the uninformed masses as so distorted that many will actually camp out in front of a Best Buy store in order to be the first in line to save $100 on a big-screen TV. In a time when...
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 | 4/15/2010 - It's tax season in the U.S. again, and when it comes to discussions about the financial burden on the economy from the complexity of the current U.S. tax code, most of the criticisms focus on the number of dollars (or hours) spent in compliance. According to a study from the Tax Foundation, U.S. taxpayers...
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 | 3/18/2008 - There's nothing that gets me all tingly like the coming of spring. It's always been my favorite time of the year. Just one problem stands between me and total rapture – the need to complete a tax return and file it along with the money I always owe. This year the filing of the tax return feels particularly...
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 | 2/26/2007 - American pharmaceutical giant Merck & Co. for years held offshore accounts in Bermuda to hold patents for two of its drugs, and then used the royalties from these patents as tax deductions in the United States.
On Wednesday, the company agreed to pay $2.3 billion to the Internal Revenue Service,...
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 | 1/23/2005 - There's been a wave of publicity and discussion surrounding the "Fair Tax" over the last few months. Although I am personally not a supporter of the economic policies of the current administration, I am a strong supporter of the Fair Tax concept. I'd like to explain why every American (Republican, Democrat...
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