taxation

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Original Technorati articles tagged “taxation”

• in Politics
  Economic War Declared on the American Middle Class
  The co-chairs of President Obama's deficit reduction commission released a preliminary proposal last week that if executed will ensure the further erosion of the American middle class.
  by thinkster / on Nov 17, 2010
• in Finance
  Quantitative Easing, Dead On Arrival!
  Bernanke seems to have forgotten Einstein's quote, "You can’t solve a problem using the same kind of thinking that created it."
  by debstwins / on Nov 14, 2010

Latest blogosphere posts tagged “taxation”

 

• How to Avoid Reinventing the Wheel on Tax Reform, Part 2

  
  Economix — Authority: 709
  Its hard to overhaul the tax code without an outline upfront of what is intended, which can be used to weigh the impacts of proposed changes against one another, an economist writes.
  1 day ago

• Madrigal vs. Rafferty

  
  Scribbles of a Lunatic Mind — Authority: 116
  Facts: Vicente Madrigal and Susana Paterno were legally married prior to January 1, 1914, contracted under the provisions of law concerning conjugal partnerships. In 1915, Madrigal filed a sworn declaration with the CIR showing that his total net income for the year 1914 was P296,302.73. Subsequently Madrigal ...
  1 day ago

• Stealth Tax Fun

  
  Mark Wadsworth — Authority: 122
  You can download the main rates of tax on earned income at the HMRC website . The official basic rate of income tax has come down from 35% to 20% since 1975, but this is completely misleading, as this was merely offset with corresponding increases in every politicians favourite stealth taxes: VAT (currently 20%), ...
  1 day ago

• Understanding Carried Interest

  
  Articles on National Review Online — Authority: 803
  Mitt Romney’s release of his tax returns has pushed the arcane issue of “carried interest” — the share of an investment fund’s profits given to its managers as payment for their services  – back into the headlines. Critics have renewed their calls to tax the carried interest as ordinary income. ...
  1 day ago

• Viduya vs. Berdiago, 73 SCRA 553

  
  Scribbles of a Lunatic Mind — Authority: 116
  Facts: The search warrant issued by petitioner Viduya who was the former Collector of Customs is quashed by the lower court upon motion by private respondent Berdiago. The warrant of seizure and detention was issued on the basis of reliable intelligence that fraudulent documents were used by Berdiago in securing the ...
  2 days ago

• Globe & Mail Says Canada Needs More Indebted Seniors

  
  The Sixth Estate — Authority: 109
  There comes a point when you’ve moved past trying to stay optimistic in the face of bad news into the realm of the simply deluded — or, no better, into that of the propagandist. Few of my readers will be surprised to learn that I think the Globe & Mail has crossed into this dark and tragic realm, but I still ...
  2 days ago

• Taxation ontology

  
  The NonSequitur — Authority: 102
  Many have heard by now of Mitt Romneys relatively low (well, very low) tax rate: 13.9 percent on one accounting, 15 percent on another.  This is because his income does not come from work, but rather from dividends and other investments.  These are taxed at a different rate from work.  I am going to grant that ...
  3 days ago

• The Tax Rate Scandal

  
  American Conservative Daily — Authority: 142
  By Dr. Mark W. HendricksonWhen Republican presidential candidate Mitt Romney casually estimated that his effective tax rate is around 15 percent, progressives immediately pounced on the issue. To this ideological minority with its Ahab-like obsession on class warfare, a rich American paying an effective tax rate of ...
  5 days ago

• Kenya BBQs al-Shabaab’s charcoal business

  
  Money Jihad — Authority: 109
  The West owes a hearty thanks to Kenya and its military for taking on the forces of al-Shabaab in East Africa.  In a year-end press conference, a Kenya Defense Force spokesman indicated that their war is successfully disrupting al-Shabaab from shipping charcoal—a market that Al-Shabaab has consistently exploited to ...
  5 days ago

• Tax Refund Check Cashing Scheme Hits Southern Florida

  
  How to Get Out of Debt - Free Help — Authority: 502
  As tax season rolls around it’s no surprise to see tax refund check cashing schemes arising in the news. Announced Monday was the filing of a criminal Information charging defendants Wilson Lau, and his wife, Kate Yuee Lau, for their participation in a check cashing scheme involving more than $5 million in ...
  5 days ago

• U.S. Pesidential Election 2012: middle-aged wealthy farts show they have enough money to race

  
  North Coast Voices — Authority: 120
  In 2010 Barack and Michelle earned US$1.7 million, Newt and Callista earned US$3.1 million and Mitt and his mittette Ann earned US$21.6 million. With effective tax rates of 26%, 31.6% and 13.9% in the order of mention. The Washington Post Click on image to grow those dollar signs This week the ...
  5 days ago

• Psychology of Tyranny for a Philosophy of Despotism

  
  Pragmatic Witness — Authority: 113
  “A state of war only serves as an excuse for domestic tyranny” Aleksandr Solzhenitsyn The underpinnings that fallaciously attempt to justify despotic regimes rely upon the perverted practice of controlling the public mindset in weak societies. The indisputable evidence that … Continue reading →
  5 days ago

• Ireland, Switzerland limit dividends withholding to 15% with amended treaty

  
  GenevaLunch — Authority: 429
  GenevaLunch.com BERN, SWITZERLAND – Ireland and Switzerland announced Thursday morning 26 January that they have signed a protocol to amend their double taxation treaty, in the area of taxes on income and capital. Under the terms of the new agreement, which must be approved by both parliaments, each country can ...
  6 days ago

• Economic Forecast by Pepperdine University Shows 45% of Private ...

  
  Business Finance & Economy - business.marc8.com — Authority: 138
  LOS ANGELES (Press Release – January 18, 2012) – Only 33% of privately-held businesses owners support raising the debt ceiling this year, while 45% say the government should never raise the limit, according to survey results released in the 2012 Economic Forecast conducted by Pepperdine University’s Private ...
  6 days ago

• Carnation Phils. Inc. (now merged with Nestle Phils., Inc.), vs. CIR

  
  Scribbles of a Lunatic Mind — Authority: 116
  Facts: Petitioner comes before this Court praying for the nulling and voiding of the assessments covering its alleged deficiency income and sales for the taxable year ending September 30, 1981, in the total amount of P19.5M. Petitioner, through its Senior Vice President Jaime O. Lardizabal, and in consideration of ...
  6 days ago

• Baltimore schools CEO Alonso pitches plan to borrow $1.2B

  
  Exhibit A Baltimore — Authority: 137
  ANNAPOLIS — The chief executive officer of Baltimore’s public schools has told state lawmakers that he hopes to borrow $1.2 billion to overhaul the city’s public school buildings.Andres Alonso spoke Tuesday to the Senate Budget and Taxation committee, telling members that the plan could save the city time and ...
  6 days ago

• CIR v. Pascor Realty

  
  Scribbles of a Lunatic Mind — Authority: 116
  Facts: Authorized revenue officers examined the books of accounts and accounting records of Pascor Realty (PRDC), which resulted in a recommendation for the issuance of an assessment (P7.5M for 1986 and P3M for 1987). CIR filed a criminal complaint for tax evasion before the DOJ against PRDC, its President and ...
  1 week ago

• Jon Stewart Delivers the Goods on Mitt Romneys Taxes

  
  Middle Class Political Economist — Authority: 451
  Mitt Romney claims to simply have been following the law in how he paid his taxes for 2010 and 2011. As we have seen, he was able to use the carried interest loophole (taxing hedge fund managers fees as if they were profits and therefore subject to the 15% capital gains rate rather than being ordinary income) to ...
  1 week ago

• The Romney Reforms?

  
  Vermont Tiger — Authority: 420
  could Mitt fix the mess that is our tax system without even getting the nomination.   by Tom Evslin The Presidents own National Commission on Fiscal Responsibility and Reform recommended a much flatter tax structure and elimination of most tax deductions and credits in its draft report . The President ...
  1 week ago

• How to Avoid Reinventing the Wheel on Tax Reform

  
  Economix — Authority: 709
  An overhaul of the tax code might be possible, because both political parties have reasons to support it -- but the debate would be improved if each side understood its own arguments, an economist writes.
  1 week ago

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