tax policy

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Latest blogosphere posts tagged “tax policy”

• Geithner Throws Tobin Tax under the bus

  
  The Economic Populist - Speak Your Mind 2 Cents at a Time — Authority: 573
  U.S. Secretary Geithner says a Tobin Tax , a tax on financial transactions, is something America will not support and slaps down the U.K. Prime Minster for mentioning the "T" word . A day-by-day financial transaction tax is not something were prepared to support. Oh really? There are already various proposals ...
  7 hours ago

• Is Yoga a Religion? The Taxman Wants to Know.

  
  Civil Religion — Authority: 592
  Yoga: religion or fitness regime? Is yoga a religion? Tax implications hang on the answer. As a story in the Post-Dispatch reported last Tuesday, the state of Missouri wants to tax yoga studios as it does other fitness centers, despite the studios’ claims that yoga, as a form of religion, should be exempt from ...
  9 hours ago

• Obama’s Stimulus Credibilty Gap on Unemployment

  
  The Beacon — Authority: 630
  The House Republican Conference has just released the following graph on the unemployment effects of Barack Obama’s “stimulus” package: Obamas Stimulus Credibility Gap Also, please see the following, award-winning Independent Institute book: Out of Work: Unemployment and Government in Twentieth-Century ...
  23 hours ago

• And Speaking of Honesty…

  
  EconomistMom.com — Authority: 513
  In his Forbes column this week, Bruce Bartlett explains how to set up a deficit-reduction commission who can speak the real truth and thus come up with real solutions.  Bruce’s key recommendations (emphasis added): In my opinion, the commission should have no members of Congress at all among its members . ...
  2 days ago

• House health reform bill up for vote

  
  Real Health Reform — Authority: 118
  Well, supposedly tomorrow will be the day for a vote in the House on HR 3962.  The House bill did receive a boost when it was endorsed by the AMA and AARP.  The AMA represents at best 20% of American physicians.  It is “in bed” with the government at many levels such as its ownership of the CPT coding language ...
  2 days ago

• Those Pesky Tax Laws II

  
  The Beacon — Authority: 630
  As an addendum to an earlier post citing the Obamas’ and various politicos’ (including Treasury Secretary Geithner and Tom Daschle ) problems either understanding or adhering to the nation’s tax law, former Socialist Congressman Ron Dellums has apparently also decided that taxes are for the “little ...
  3 days ago

• Homebuyer Credit Expanded, NOL Carryback Extended

  
  The Tax Lawyer's Blog — Authority: 523
  Joe Kristan reports that the House has expanded the new homebuyer credit and extended the carryback period for 2008 and 2009 net operating losses (NOLs) to 5 years:H.R. 3548 expands the credit to single taxpayers with AGI up to $125,000 and joint filers with AGIs up to $225,000; it phases out over a $20,000 AGI ...
  3 days ago

• US unemployment rate rises to 26 year high of 10.2%. How many jobs has Obama "created or saved now"?

  
  Rossputin.com Rational Thinking About Our World — Authority: 523
  Not much needs to be added to the somber statistic except to wonder how it will effect waivering Democratic votes on the House health care “reform” bill, given that all but the most far-left of the Dems must understand that the measure will be extremely destructive to American employment. Canadian unemployment ...
  3 days ago

• Libertarian: What’s In a Label?

  
  The Beacon — Authority: 630
  John Stossel (who’s leaving ABC to join the Fox Business Network) gave a well-received talk at my university yesterday titled “Freedom and Its Enemies.”  Several times during the talk he referred to himself as a libertarian. Sometimes the libertarian label seems like a liability for people who are both (1) ...
  4 days ago

• Just Dont Call it "Stimulus"

  
  The Fine Print: blog posts from OMBWatch — Authority: 133
  Ever since its passage (even before), conservative voices in Congress have complained about the $787 economic stimulus bill, the American Recovery and Reinvestment Act of 2009. The nut of the complaints is that the Act does nothing for the economy or the American people while adding nearly a trillion dollars to the ...
  4 days ago

• Maine Says No To Tax Cuts

  
  taxgirl — Authority: 545
  If you ask a Mainer about taxes, you’re liable to get an earful: Mainers have one of the highest tax burdens in the nation. Nonetheless, on election day, Maine voters turned down proposals to cut taxes. In a slow economy, Maine voters were leery of a proposal that would result in cuts in services. The ...
  4 days ago

• How the Homebuyer Tax Credit “Works” a Lot Like Cash for Clunkers

  
  EconomistMom.com — Authority: 513
  The news tonight (to appear in Thursday’s Washington Post ): The Senate voted Wednesday to renew the government’s $8,000 tax credit for first-time home buyers through the first six months of next year as part of a broader bill designed to extend unemployment benefits. For the first time, the tax credit program ...
  4 days ago

• Warren Buffet and taxes

  
  ataxingmatter — Authority: 113
  Tax Prof reported today on a critique of Warren Buffet .   As many will recall, Buffet was outspoken during the presidential campaign about the problem of a tax system that favors the super-rich over the middle class.  He noted that he paid tax at a rate considerably below that of his secretary, suggesting that ...
  5 days ago

• Mandating Health Insurance: Constitutional?

  
  Real Health Reform — Authority: 118
  It is typically American to wish to be independent in thought and action.  That typical American attitude serves us all well most of the time.  However, that attitude also carries with it a responsibility to accept the consequences of our actions, or inaction.  Too often we want our cake and eat it too.  We do not ...
  5 days ago

• Health care plan hits rich with big tax increases

  
  Real Health Reform — Authority: 118
  If health reform is to be meaningful then all must contribute.  Currently, the bottom 75% of those filing tax returns pay only about 3% of all federal income tax.  That does not figure in the tens of millions who do not file returns under current tax law.  The Democratic bill in the House aims to transfer almost ...
  5 days ago

• No Bizarre Sexual Acts Were Observed In The Crowd Of Ten Thousand People

  
  snaggletoothie of the Loyal Opposition — Authority: 510
  
  6 days ago

• Responding to Stratfors analysis of Thursdays GDP report

  
  Rossputin.com Rational Thinking About Our World — Authority: 523
  The following is a note I sent to Stratfor after reading their short economic report entitled “ Turning an Economic Corner “: Rather than tout an “impressive turnaround", you should have noted that Q3 GDP was artificially boosted by “Cash for Clunkers” which added a full 1% to the number and by increased ...
  6 days ago

• Wait a Minute–We’re Paying for Health Reform with Another AMT?

  
  EconomistMom.com — Authority: 513
  It took me awhile to catch onto this (I guess real life got in the way of reading the legislation or even the revenue estimate carefully), but the House health care reform bill not only fails to provide a revenue source that will keep up with rising health costs (and thus is less likely to stay deficit-neutral ...
  6 days ago

• “Complexity of Tax Law” Not a Challenge for IRS?

  
  taxgirl — Authority: 545
  What challenges are the IRS facing this year? Apparently not the complexity of the Tax Code. The Treasury Inspector General for Tax Administration (TIGTA) released its perspective two weeks ago on the most serious management and performance challenges confronting the IRS. The top 10 challenges in order of priority ...
  1 week ago

• Can the Rampaging Leviathan Be Stopped or Slowed?

  
  The Beacon — Authority: 630
  In a recent commentary titled “Diagnostics and Therapeutics in Political Economy,” I endeavored to show that an analytical understanding of past growth in the government’s size, scope, and power does not permit us to prescribe effective means of stopping or slowing this growth, particularly any simple ...
  1 week ago

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