Keyword: taxes

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  • FairTax® and unFair Movie Update

    09/10/2014 6:56:04 PM PDT · by Taxman · 54 replies
    Tennessee Valley Republican Club ^ | 11 June 2014 | Written by Ralph Weber
    A team of acclaimed filmmakers is spearheading “Unfair”, a ninety minute documentary motion picture intended for all audiences. It will be the first major theatrical documentary to shed light on the certain damage the Income Tax and the IRS have wrought on our liberties, our businesses, our families, and our religious, charitable and civic organizations, while empowering a political agenda contrary to America’s heritage. This film will be promoted to mainstream audiences based on its factual and dramatic content. In addition, the Picture will be marketed heavily to interested grassroots audiences that identify themselves strongly with any and all of...
  • Sources: Howard Stern to Move to Palm Beach Permanently (reason: taxes)

    09/18/2014 11:13:11 AM PDT · by Behind Liberal Lines · 28 replies
    © Copyright 2013 GossipExtra.com · All Rights Reserved ^ | September 16, 2014 | by Jose Lambiet
    PALM BEACH — No matter what his professional future holds, satellite radio star Howard Stern is planning to move to Palm Beach permanently after the $10 million-renovation of his $52 million-house is completed early next year...One of the sources added that Stern is well aware of the benefits of declaring residency in a no-income tax state like Florida and homesteading his property.
  • Tragedy: Taxpayer-funded global warming musical has come to an end

    09/18/2014 10:13:15 AM PDT · by Sean_Anthony · 16 replies
    Canada Free Press ^ | 09/18/14 | Dan Calabrese
    Final curtain. I don’t know how to break this one to you. There was a chance, my friends - a fleeting chance - for the creative community to capture the hearts of the nation concerning the true greatest threat to humanity. A theater company was on board. Taxpayer money was committed. The inevitable nationwide enthusiasm for the production would surely turn us all into activists for whatever action Democrats deem necessary to deal with global warming. New taxes. New federal controls on industry. A treaty empowering the United Nations to shut down our factories on the hint of carbon levels...
  • News Nugget: Louisiana Voters Beware

    09/17/2014 9:41:49 PM PDT · by Morgana · 4 replies
    CAIN TV ^ | Herman Cain
    News Nugget: Louisiana Voters Beware soundcloud only on link
  • In Iowa, Biden preaches populist theme on taxes

    09/17/2014 12:00:27 PM PDT · by Olog-hai · 8 replies
    Associated Press ^ | Sep 17, 2014 2:17 PM EDT | Thomas Beaumont
    Vice President Joe Biden is preaching a populist theme during a visit to Iowa—an important early-voting state in the presidential nominating calendar. He’s telling voters to elect Democrats who support raising taxes on companies. Biden is hitting an election-year theme of restoring what he calls “basic fairness.” …
  • United States Ranks 32 out of 34 Countries in New Global Tax Index

    09/17/2014 8:32:14 AM PDT · by Sean_Anthony · 3 replies
    Canada Free Press ^ | 09/17/14 | Alan Joel
    Our tax code is byzantine, our businesses are over-taxed, and our economy is continuing to suffer. We can do better. We have done better. We deserve better. The Tax Foundation released its first global stat called the “International Tax Competitiveness Index”. This index aims to measure two criteria, competitiveness and neutrality, by examining “the extent to which a country’s tax system adheres to”, these “two important principles of tax policy”. The index accounted for more than 40 tax positions and policies. In their analysis, two of the most damning reasons for ranking the United States near the very bottom of...
  • 29 Cuban migrants land in Florida Keys on homemade boat

    09/17/2014 8:29:35 AM PDT · by beachn4fun · 25 replies
    Fox News ^ | September 17, 2014 | Me
    LOGGERHEAD KEY, Fla. – Twenty-nine Cuban migrants have been rescued after reaching land in the Florida Keys. .... Under the "wet-foot, dry-foot" policy, most Cuban migrants who reach U.S. shores are allowed to stay. more here
  • Few Americans Want More Gov't Regulation of Business [Gallup Poll: Republicans Ignoring the Issue]]

    09/16/2014 3:56:57 PM PDT · by SoFloFreeper · 7 replies
    Gallup ^ | 9/15/14 | Frank Newport
    About half say there is too much regulation; 22% say there is too little .....From 2003 through the remainder of the George W. Bush administration, however, these attitudes settled into a pattern in which Americans were more likely to say there was too much rather than too little government regulation of business. After Barack Obama took office in 2009, the percentage saying "too much" regulation rose into the high 40s, including a reading of 50% in 2011, and has remained at these relatively high levels since. Less than a quarter of Americans have perceived in the last two years that...
  • Embarrassment Alert: America’s Tax System Ranks Below Italy, Greece, and Mexico

    09/16/2014 11:27:00 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | September 16, 2014 | Daniel J. Mitchell
    ’ve complained over and over again that America’s tax code is a nightmare that undermines competitiveness and retards growth.Our aggregate fiscal burden may not be as high as it is for many of our foreign competitors, but high tax rates and poor design mean the system is very punitive on a per-dollar-raised basis.For more information, the Tax Foundation has put together an excellent report measuring international tax competitiveness.Here’s the methodology. The Tax Foundation’s International Tax Competitiveness Index (ITCI) measures the degree to which the 34 OECD countries’ tax systems promote competitiveness through low tax burdens on business investment and neutrality through...
  • Marijuana sales top $12 million; new retailers added … still just one in Seattle

    09/15/2014 2:55:42 PM PDT · by steve86 · 5 replies
    The Seattle PI ^ | 9/11/2014 | Jake Ellison
    Retail sales of state-licensed weed in Washington topped $12 million by Sept. 8 … and sales keep climbing. The improvement of sales in recreational marijuana here mirrors the steep growth in sales in Colorado, where the recreational market out-sold medical for the first time in July (the latest numbers from that state). The Cannabist reports: “In July 2014, customers purchased more than $29.7 million in recreational marijuana — up from $24.7 million in June. Medical marijuana patients spent more than $28.9 million on marijuana in July — comparable to June’s $28.6 million in sales.” In Washington, there are now 55...
  • IRS Poised to Start Taxing Employer Provided Lunches

    09/15/2014 9:20:50 AM PDT · by John Semmens · 33 replies
    Semi-News/Semi-Satire ^ | 12 Sep 2014 | John Semmens
    Some employers provide employees with company-paid free lunches. The idea is to keep workers at their desks and improve productivity. The expense has normally been lumped in with other expenses as a cost of doing business. The IRS now wants to tax these lunches as income to the employees. IRS spokesperson Jason Coveter explained that “most employees have to furnish their own lunches. Whether they go out and buy it or bring it from home, they are bearing this cost themselves. It is unfair for other employees to get a lunch paid for by their employer. We’re just trying to...
  • US now ranks 32nd in tax burden on business

    09/15/2014 8:50:57 AM PDT · by SeekAndFind · 17 replies
    American Thinker ^ | 09/15/2014 | Rick Moran
    There's "economic patriotism" and then there's just being a smart businessperson.The Tax Foundation has launched a new statistical benchmark that ranks the 34 most industrialized countries in the world according to 40 different tax criteria. The US came in 32nd. Only Spain and Italy finished lower. The low US ranking helps explain why inversions are becoming so popular - something that enrages President Obama and the Democrats who see all that tax money leaving the country for sunnier climes. Wall Street Journal: The Tax Foundation benchmark compares developed economies with large and expensive governments, but the U.S. would do even...
  • Big profit for Pritzkers on costly Chicago FBI deal

    09/15/2014 7:40:21 AM PDT · by KeyLargo · 5 replies
    chicago sun times ^ | Sep 14, 2014
    Chicago Big profit for Pritzkers on costly Chicago FBI deal Sun, 09/14/2014 - 3:30pm Better Government Association @bettergov | Email A deal involving the federal government’s most expensive lease in Chicago produced millions of dollars in profits for a development group that included Penny Pritzker, a top campaign fund-raiser for President Barack Obama who is now his commerce secretary, a Chicago Sun-Times / Better Government Association investigation has found. The developers also included Jack Higgins, a friend and political backer of former Mayor Richard M. Daley. Over the 14-year term of the lease, the government will pay $280 million in...
  • Dems' Coalition Showing Signs of Strain

    09/14/2014 11:23:37 AM PDT · by 2ndDivisionVet · 3 replies
    RealClearPolitics ^ | September 14, 2014 | Salena Zito
    After winning the presidency, Andrew Jackson sent a message to Congress suggesting that the office be extended to six years but limited to one term. His message caused wild speculation that the first “people's president” would not seek a second term. That led to a dramatic Jackson proclamation, in a letter to Pennsylvania Democrats, that the “call of the people” trumped his “personal inclination” and he could “not refuse to serve them.” The truth is, he was never not going to run. Jackson may have been the first Democrat to be elected as president. But his secretary of State and...
  • Nancy Pelosi Just Might Be Insane

    09/13/2014 12:35:03 PM PDT · by jazusamo · 85 replies
    PJ Media ^ | September 13, 2014 | Bryan Preston
    The Democrats’ leader in the House, California Rep. Nancy Pelosi, is either dishonest, drunk, or losing her mind. Soopermexican caught this tweet from Pelosi, which he calls “brutal stupidity.” Nancy Pelosi ✔ @NancyPelosi An American family can't just change their address to avoid paying taxes. @HouseGOP, why can corporations? Let's put the #MiddleClassFirst! 1:54 PM - 12 Sep 2014 As the multimillionaire Pelosi surely knows, individuals and corporations (which are artificial people under the law) can change their addresses and thereby change their tax burdens. It happens every day. I know that from personal experience. I moved from high-tax Maryland...
  • Making Heads or Tails Out of Texas School Finance

    09/12/2014 2:44:09 PM PDT · by thetallguy24
    Hardhatters ^ | 09/12/2014 | Jordan Long
    It was bone-chillingly cold in the village of Washington-on-the-Brazos on March 2, 1836. There, a group of Texans had gathered to formally announce their break from the despotic Mexican state recently established by General Antonio Lopez de Santa Anna. With the Alamo under siege almost 200 miles to the southwest, the settlers methodically listed their complaints in the Texas Declaration of Independence. One of them lashed out at the Mexican government for neglecting “to establish any public system of education… although it is an axiom in political science, that unless a people are educated and enlightened, it is idle to...
  • DOJ Working With Elijah Cummings To Protect The IRS

    09/11/2014 4:48:53 PM PDT · by jazusamo · 29 replies
    Investors.com ^ | September 11, 2014 | IBD Editorial
    IRS: An aide to the attorney general accidentally calls the office of the House Oversight Committee chairman, asking for help in spinning the defense of the agency whose head just said they obey the law when they can. We have commented many times of the all-too-cozy relationship between the IRS and Democratic members of the House and Senate, with members writing to the agency demanding that specific conservative groups and political action committees they find particularly irritating be subject to the "special scrutiny" that the Tea Party and other conservative and religious groups were subjected to in the ongoing scandal....
  • Occupy mentality sets up tent in New Brunswick

    09/12/2014 10:44:10 AM PDT · by 2ndDivisionVet · 6 replies
    The Toronto Sun ^ | September 11, 2014 | Brian Lilley, Parliamentary Bureau
    Do you remember Occupy Wall Street and its many imitators across North America? It was three years ago next week that the movement went public and eventually set up tent cities across the continent. People camped out in parks, they held marches and meetings and demanded change. They demanded the one percenters pay their fair share. It was supposedly a grassroots reaction to the bailout of big business, the fat cats that run the banks. But of course we know those bailouts happened in 2007 and 2008 and Occupy, some might say the left's answer to the Tea Party, didn't...
  • Hey Dems! How's that 'war on tax inversions' going?

    09/12/2014 7:58:38 AM PDT · by SeekAndFind · 6 replies
    American Thinker ^ | 09/12/2014 | Rick Moran
    It was supposed to be the populist issue that would enrage the middle class and set them with pitchforks against big corporations who were being "economic traitors" by moving their headquarters overseas in order to avoid the high corporate taxes in America.The so-called "inversion" issue would allow the Democrats to ride a wave of popular disgust against Republicans to victory in November. Instead, as Politico points out, the issue is so much of a dud, that the Democrats have quietly de-emphasized much of the white hot rhetoric the president has used to portray corporations as "un-American" who move their operations...
  • IRS Audits Another Obama "Enemy" — Breitbart News

    09/11/2014 10:51:57 AM PDT · by raptor22 · 23 replies
    Investor's Business Daily ^ | September 11, 2024 | IBD EDITORIALS
    IRS: As the 2014 midterms approach, what has become a political arm of the Obama administration has targeted — as it targeted the Tea Party — a leading conservative truth-teller that has exposed so many of its lies. Even as the IRS races to cover up a prior abuse of power, it ruthlessly engages in another, using its power to tax in an attempt to destroy the vast truth-gathering enterprise launched by the late Andrew Breitbart, which the administration apparently ranks right alongside the Tea Party atop its enemies list. Last Friday, the IRS stretched credulity beyond the breaking point...
  • The Blue States’ Economic Paradox

    09/10/2014 2:11:07 PM PDT · by ThethoughtsofGreg · 1 replies
    /amregister ^ | 9-10-14 | Ben Wilterdink
    Blue states have a problem. Although there are some recently notable exceptions, most vehemently oppose cutting taxes, favoring instead a tax-and-spend or top-down redistribution approach. They require high taxes to finance the pet projects they believe the market is too short-sighted to support, like Solyndra. At the same time, however, these big government states try to pursue goals of economic growth, even if they believe the best way to achieve growth is through central economic planning rather than free markets. Overwhelming economic evidence demonstrates that the best way to achieve robust economic growth is when citizens are able to save,...
  • The Minimum Wage, and the Question of Failing at Life

    09/09/2014 10:45:21 AM PDT · by jfd1776 · 12 replies
    Illinois Review ^ | September 9, 2014 A.D. | John F. Di Leo
    The Service Employees International Union (SEIU) organized a fast food protest, demanding that their prospective members all price themselves out of a job. So, understandably unable to resist a straight line while filling in as a talk show guest host, pundit Erick Erickson said that if you’re still earning minimum wage at 30, you’ve probably failed at life. It’s easy to blast Mr. Erickson for the tone-deafness of his comment. While certainly true of some, his quip is hardly true of most minimum wage employees. But is that fair? Is it reasonable, or helpful to the national economic and social...
  • Head of Marshals Service in Chicago reassigned

    09/09/2014 7:59:46 AM PDT · by KeyLargo · 8 replies
    AP ^ | Sep 9, 2014
    Head of Marshals Service in Chicago reassigned AP , Associated Press Sep. 9, 2014 4:02 AM ET CHICAGO (AP) — The U.S. Marshals Service has announced it has replaced the head of its Chicago office for the past four years in a re-organization, appointing an interim chief for its high-profile northern Illinois district. Darryl McPherson, who was named to the top Chicago post by President Barack Obama in 2010, was recently reassigned to the same office's judicial security division, said Drew Wade, an agency spokesman in Washington. Wade, however, declined to discuss why the 17-year Marshals Service veteran was moved...
  • Jack Lew: Decision on executive action on taxes 'in the very near future'

    09/08/2014 10:55:38 PM PDT · by Jack Hydrazine · 53 replies
    Washington Examiner ^ | 8SEP2014 | Joseph Lawler
    The Obama administration will make a decision on executive action to prevent corporations from leaving the country in the "very near future," Treasury Secretary Jack Lew said Monday morning. Speaking at an event on business taxes at the Urban Institute in Washington, Lew placed the responsibility on Congress to address so-called tax inversions, but said that the administration was prepared to step in if lawmakers don't move quickly enough. Inversions are tax maneuvers in which corporations buy firms in low-tax countries in order to place their headquarters in that country. Such deals have grown in number in recent months, with...
  • AP Seems Stunned That Japan's Economy Is Shrinking After Huge Tax Hike

    09/08/2014 10:54:11 AM PDT · by xzins · 29 replies
    Newsbusters ^ | 8 Sep 14 | Tom Blumer
    The smug self-confidence of financial analysts and writers who predicted that Japan's monstrous sales tax increase would have no long-term effect on its economy should be severely shaken. An Associated Press report tonight by business writer Elaine Kurtenbach tells readers that the Land of the Rising Sun's economy "contracted at a larger than earlier estimated annual rate of 7.1 percent in April-June, as companies and households slashed spending following a tax hike." This means that the "experts" who assured everyone that the second-quarter contraction would be smaller than or merely offset the brisk first-quarter expansion of 6 percent were horribly wrong. The...
  • Right-to-Work, Tax Rates Paint Interesting Picture

    09/08/2014 10:21:38 AM PDT · by MichCapCon
    Capitol Confidential ^ | 9/2/2014 | Michael LaFaive
    Scholars with the Mackinac Center for Public Policy, as well as other institutions, have used descriptive statistics in conjunction with empirical evidence to tell stories — sometimes profound ones. A good example of this was published recently by “Opportunity Ohio” and should be explored further. One of my favorite uses of descriptive statistics numbers involves right-to-work laws and American migration. For many reasons, Americans pick up and move. Often such moves involve economic motivations. A great policy question is why so many Americans have moved from non-right-to-work states to ones with such legal protections. Is it just a coincidence or...
  • IRS Plans To Tax Free Meals Silicon Valley Companies Dole Out to Employees

    09/06/2014 4:22:15 PM PDT · by SeekAndFind · 59 replies
    International Business Times ^ | 09/06/2014 | Zoe Mintz
    Silicon Valley companies are known to cater to their hard working employees. Free yoga classes, nap rooms and meals are among the perks their workers enjoy. A recent Wall Street Journal report reveals that the Internal Revenue Service could be targeting these fringe benefits, more specifically "employer-provided meals" in the next fiscal year. In the agency’s recently released Priority Guidance Plan for 2014 to 2015, the IRS states that the free meals will now be considered a taxable fringe benefit, the same way a company car or phone is. Rather than taxing employees themselves -- an arduous if not impossible...
  • IRS says it has lost emails from 5 more employees

    09/05/2014 3:05:21 PM PDT · by Crazieman · 109 replies
    AP ^ | By STEPHEN OHLEMACHER
    WASHINGTON (AP) -- The IRS says it has lost emails from five more workers who are part of congressional investigations into the treatment of conservative groups that applied for tax exempt status.
  • Is Canada Now More American than America?

    09/05/2014 7:11:29 AM PDT · by SeekAndFind · 12 replies
    National Review ^ | 09/05/2014 | John Fund
    The merger of U.S. hamburger giant Burger King with Tim Hortons, Canada’s favorite coffee shop, will create the world’s third largest fast-food company, with a total of 18,000 restaurants in over 100 countries. It is also a piercing wake-up call for the U.S., because the new company will make its global headquarters in Canada’s province of Ontario. That underscores what savvy businesses everywhere have learned — the U.S. is an increasingly less attractive place to do business. “Canada has quietly and politely become, well, more American than America,” says columnist Stephen Green. Since 2003, more than 35 major U.S. companies...
  • No Such Thing As A Free Lunch: IRS Mulls Tax On Employee Meals [Pre-Cursor to Health Insurance]

    09/05/2014 7:00:18 AM PDT · by SoFloFreeper · 40 replies
    Forbes ^ | 9/4/14 | Kelly Phillips Erb
    When I was contemplating where I might want to practice after law school, I was struck by the description of one particular firm in Philadelphia with a thriving tax practice. A former partner warned me off, explaining that they brought lunch to your desk. After years of scratching together my own lunch, I thought that sounded pretty great so I asked what was so terrible about having your lunch brought to you. “They do it,” she said simply, “Because they don’t want you to leave.” ....On August 26, 2014, the Department of Treasury released the 2014-2015 Priority Guidance Plan (downloads...
  • Comptroller Study Shows Difficulty of Predicting Future (TX)

    09/04/2014 1:29:44 PM PDT · by smokingfrog · 8 replies
    Texas Tribune / myhighplains.com ^ | 9-4-14 | Aman Batheja and Jessica Hamel
    As Texas lawmakers convene in January for the next legislative session, their chief task will be to write a two-year budget. And the state's next comptroller will be charged with estimating how much revenue lawmakers can expect to work with. The responsibility has become a political minefield, particularly after Comptroller Susan Combs’ estimate ahead of the 2011 session drew criticism for underestimating tax revenue by several billion dollars. Combs’ office recently researched the accuracy of revenue estimates going back 40 years and found that, by one measure, other comptrollers’ estimates have landed farther from the actual number. Since 1942, the...
  • Abolish the Corporate Tax: It’s dumb, corrupt, onerous, and pointless.

    09/04/2014 7:04:44 AM PDT · by SeekAndFind · 27 replies
    National Review ^ | 09/04/2014 | Kevin D. Williamson
    The nominal corporate-income-tax rate in the United States is 35 percent, the highest in the developed world. That’s the on-paper rate. The effective corporate-income-tax rate — i.e., the actual rate — is . . . a matter of some dispute, but Martin A. Sullivan, a highly regarded economist specializing in taxation, puts it around 28 percent. Others have estimated the rate to be much lower: A Government Accountability (ha!) Office study put the figure at about 13 percent. Let’s put it at 0.00 percent. In reality, the effective corporate tax rate varies substantially from firm to firm and from industry...
  • The Punitive Economic Cost of Class-Warfare Taxation

    09/02/2014 9:14:14 AM PDT · by Kaslin · 9 replies
    Townhall.com ^ | September 2, 2014 | Daniel J. Mitchell
    IÂ’ve already shared a bunch of data and evidence on the importance of low tax rates.A review of the academic evidence by the Tax Foundation found overwhelming support for the notion that lower tax rates are good for growth.An economist from Cornell found lower tax rates boost GDP.Other economists found lower tax rates boost job creation, savings, and output.Even economists at the Paris-based OECD have determined that high tax rates undermine economic performance.And itÂ’s become apparent, with even the New York Times taking notice, that high tax rates drive away high-achieving people.WeÂ’re going to augment this list with some additional...
  • Several Swiss banks pull out of U.S. tax program: paper

    09/01/2014 5:46:49 AM PDT · by Beave Meister · 24 replies
    Yahoo.com ^ | 8/31/2014 | Reuters
    ZURICH (Reuters) - At least 10 Swiss banks have withdrawn from a U.S. program aimed at settling a tax dispute between them and the United States, Swiss newspaper NZZ am Sonntag said on Sunday, quoting unnamed sources. Around 100 Swiss banks came forward at the end of last year to work with U.S. authorities in a program brokered by the Swiss government to help the banks make amends for aiding tax evasion. "At least 10 banks that had decided at the end of 2013 to pay a fine have withdrawn their decision," NZZ am Sonntag said, quoting unnamed lawyers and...
  • Corporations Join Droves Renouncing US Citizenship

    08/31/2014 8:08:24 PM PDT · by SeekAndFind · 10 replies
    Casey Research ^ | 08/30/2014 | Nick Giambruno, Senior Editor, InternationalMan.com
    Don’t be surprised to lose if you don’t make an effort at being competitive.And if you go out of your way to make yourself less competitive, expect to lose.If that sounds like simple common sense, that’s because it is.But it’s also exactly what the US has been doing for years—enacting tax policies that sabotage its global economic competitiveness.It’s like trying to get in shape for a marathon by going on an all-McDonald’s diet. (Speaking of McDonalds, check out this funny video spoof of what their commercials should really look like.)Here are two major reasons why the US is lagging in...
  • Feds to Advertise Settlement Allowing Deported Illegals to Return

    08/31/2014 7:04:34 AM PDT · by stevie_d_64 · 32 replies
    Breitbart ^ | 28 Aug 2014 | Tony Lee
    As part of a legal settlement that will allow some illegal immigrants who deported themselves from Southern California to return to the United States, the federal government has agreed to advertise the settlement on various Mexican and Spanish-language media outlets. The ACLU filed a class-action lawsuit last year on behalf of eleven illegal immigrants who deported themselves. The settlement reached on Wednesday will only cover "longtime California residents with relatives who are U.S. citizens and... young migrants whose parents brought them into the country illegally" who deported themselves between 2009 and 2013. An ACLU official has indicated that there were...
  • US Jacks Up Exit Fee For Those Renouncing Citizenship

    08/31/2014 7:02:02 AM PDT · by Sean_Anthony · 53 replies
    Canada Free Press ^ | 08/31/14 | Alan Joel
    Current administration would rather squeeze U.S. citizens for more revenue Just like the recent rise of business inversions — moving business HQ abroad — the United States has seen an uptick (up 221%) in Americans renouncing their citizenship. The elephant in the room in both these cases is taxes: both high taxes and burdensome tax compliance in foreign jurisdictions. Instead of facing the problems directly, the Obama Administration has resorted to punitive measures. The shame and blame tactic of calling out businesses who wish to relocate as “unpatriotic” was undignified. Perhaps realizing that using the same strategy with individuals would...
  • Chuck Todd: Americans Who Don't Pay Income Tax Fund Gov't More than Rich by Playing Lottery, Slots

    08/30/2014 8:50:19 PM PDT · by 2ndDivisionVet · 52 replies
    Breitbart's Big Journalism ^ | August 26, 2014 | Tony Lee
    (VIDEO-AT-LINK)Chuck Todd, the new host of NBC's Meet The Press, suggested that Americans who do not pay income tax fund public education more than the rich by buying lottery tickets and going to casinos. While interviewing Ben Carson on CSPAN's After Words, which aired on Sunday, Todd said that Americans who don't pay federal income tax go to casinos or buy lottery tickets and are "spending more money funding our schools, whether it's Detroit or other places." Todd said that though "they are not writing a check to the federal government," poorer Americans "are contributing arguably more money to education...
  • Those with health coverage through Obama's law may face a challenge in getting tax-return form

    08/30/2014 1:12:37 AM PDT · by Zakeet · 2 replies
    Fox Business ^ | August 30, 2014
    If you got health coverage through President Barack Obama's law this year, you'll need a new form from your insurance exchange before you can file your tax return next spring. Some tax professionals are worried that federal and state insurance marketplaces won't be able to get those forms out in time. That could lead to delayed tax refunds for millions of consumers.
  • Libertarian ideology is the natural enemy of science

    08/29/2014 7:10:56 PM PDT · by 2ndDivisionVet · 32 replies
    The Manchester Guardian ^ | August 29, 2014 | David Robert Grimes
    Whether the issue is climate change, healthcare or gun control, libertarians are on a permanent collision course with evidence.The observation that science and politics make uneasy and often treacherous bedfellows is hardly revelatory. In science, all hypotheses must withstand the trial-by-fire of experiment; its methodology is self-correcting and objective, unconcerned with petty prejudices or personal conviction. Politics, by contrast, is deeply entangled with ideology – it is not bound to respect reality as science is, and thinks nothing of substituting convincing evidence for emotive rhetoric. And yet, when science and politics clash, it is all too often science that loses....
  • Hobby Lobby decision does not deny access to contraceptives

    08/29/2014 2:44:28 PM PDT · by shepardspie33 · 5 replies
    The decision issued in Burwell v. Hobby Lobby did not change the access to free contraceptives; it merely shifted the cost burden. In their majority opinion, the Supreme Court stated that a less restrictive means of providing these services was already in place—an accommodation issued by Health and Human Services (HHS) for non-profit corporations with religious objections. The Court recommended that such a program be implemented for closely held for-profit corporations who object to providing these contraceptives for religious reasons. Instead of a for-profit company’s insurance premiums footing the bill for such access, the cost will be absorbed by the...
  • U.S. Hikes Fee To Renounce Citizenship By 422%

    08/29/2014 1:42:28 PM PDT · by Former Proud Canadian · 49 replies
    Forbes ^ | Aug 28, 2014 | Robert W. Wood
    Over the last two years, the U.S. has had a spike in expatriations. It isn’t exactly Ellis Island in reverse, but it’s more than a dribble. With global tax reporting and FATCA, the list of the individuals who renounced is up. For 2013, there was a 221% increase, with record numbers of Americans renouncing. The Treasury Department is required to publish a quarterly list, but these numbers are under-stated, some say considerably. The presence or absence of tax motivation is no longer relevant, but that could change. After Facebook co-founder Eduardo Saverin departed for Singapore, Senators Chuck Schumer and Bob...
  • California drivers brace for costly new gas tax

    08/28/2014 6:26:11 PM PDT · by bkopto · 52 replies
    Fox News ^ | 8/27/2014 | William La Jeunesse and Laura Prabucki
    Californians already pay the nation's second highest gas tax at 68 cents a gallon -- and now it will go up again in January to pay for a first-in-the-nation climate change law. ... Estimates of the cost of the tax vary. The California Air Resources Board, the Golden State's premier anti-pollution agency, predicts the new tax will raise gasoline prices from 20 cents to $1.30 per gallon. A prominent state senator who helped author the bill estimated the cost at 40 cents a gallon. Environmental activists downplay the cost, but hail the impact. "We're going to now tackle probably 40...
  • Simple Solution To Corporate Inversions: Cut Tax Rates

    08/28/2014 3:59:52 PM PDT · by jazusamo · 9 replies
    Investors.com ^ | August 28, 2014 | Charles Krauthammer
    The Obama administration is highly exercised about "inversion," the practice by which an American corporation acquires a foreign company and moves its headquarters out of the U.S. to benefit from lower tax rates abroad. Not fair, says Barack Obama. It's taking advantage of an "unpatriotic tax loophole" that hardworking American families have to make up for by the sweat of their brow. His treasury secretary calls such behavior a violation of "economic patriotism." Nice touch. Democrats used to wax indignant about having one's patriotism questioned. Now they throw around the charge with abandon, tossing it at corporations that refuse to...
  • Great news: You’re paying for a 1 year experiment to find out if the universe is a hologram

    08/28/2014 8:57:00 AM PDT · by SeekAndFind · 56 replies
    Hotair ^ | 08/28/2014 | Jazz Shaw
    Remember that episode of Star Trek: The Next Generation where Professor Moriarty tried to escape from the holodeck? Well, the folks at Fermilab probably saw it, since they are currently launching a one year series of tests to find out if our entire universe is a hologram. Do we live in a 2D hologram? There’s no short answer, but physicists believe it may be possible. The holographic principle — a property of particle physics’ string theory — proposes that information about a region of space can be ascertained by the information on the surface that surrounds it — much...
  • Mark Udall’s Wife Partners with Leonardo DiCaprio to Call for Carbon Tax

    08/28/2014 6:29:14 AM PDT · by lbryce · 33 replies
    Free Beacon ^ | Auggust 28, 2014 | Elizabeth Harrington
    Democratic incumbent Sen. Mark Udall’s (Colo.) wife called for a carbon tax while appearing in a new anti-oil video produced by Leonardo DiCaprio. “People are ready for conversation,” says Maggie Fox, Udall’s wife and former president of Al Gore’s Climate Reality Project, in the Green World Rising video, entitled, “Carbon.” “They’re ready to understand that carbon pollution is causing this challenge and that there is a simple solution: put a price on carbon pollution,” she says. DiCaprio is releasing a series of environmentalist videos on climate change, the first focusing on gathering support for a cap and trade system. A...
  • IRS Admits That Lois Lerner Emails Were Never Lost

    08/27/2014 3:33:07 PM PDT · by jazusamo · 55 replies
    Investors.com ^ | August 27, 2014 | IBD Editorial
    <p>Scandal: Talk of crashed and recycled hard drives, like that Benghazi video, was a distraction from the truth, which is that the missing emails detailing IRS perfidy exist on a system intended for government wide catastrophe.</p> <p>It would make sense that such a system would exist in the event that, say, the Islamic State or some other terrorist entity managed a nuclear attack on Washington D.C.</p>
  • St. Louis County Seeks FEDERAL BAILOUT for More Than 100 BUSINESSES Harmed During #Ferguson Riots

    08/27/2014 4:09:28 PM PDT · by 2ndDivisionVet · 37 replies
    Gateway Pundit ^ | August 27, 2014 | Jim Hoft
    On Saturday August 9, 2014, 18 year-old Michael Brown was shot to death by a Ferguson police officer after he had earlier robbed a local convenience store. As a result of his death protesters in Ferguson have caused mass destruction in the community. Several dozen businesses were damaged in the looting and violence. Here is an interactive map of the attacks, shootings, lootings, and destruction. Many of the local businesses were looted not just once, but twice. Now this… St. Louis County officials are discussing disbursement of federal aid to the more than 100 businesses that suffered financial losses during...
  • How to tell a fascist!

    08/27/2014 3:11:24 PM PDT · by budj · 11 replies
    self | 8/27/14 | self
    If a company is conducting business legally in the United States and you label them as "unpatriotic" then YOU ARE A FASCIST!
  • Confiscatory Taxes, Eh? What does "Economic Patriotism" Really Mean?

    08/27/2014 7:25:57 AM PDT · by SeekAndFind · 8 replies
    National Review ^ | 08/27/2014 | The Editors
    If you’re looking to move from Miami to Canada, as Burger King Worldwide is, chances are excellent that your motive is something other than the weather. The word “inversion” has entered the popular vocabulary, describing a tax-driven corporate merger in which a U.S. firm acquires an overseas company and then relocates its legal domicile to that firm’s home tax jurisdiction. The purpose of this is in no small part to escape the onerous U.S. corporate income tax. That’s what Burger King is looking to do by acquiring beloved Canadian doughnut chain Tim Hortons, which is based in Ontario. A number...