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added 2007 Tue Dec 11 7:00:00 by unknown user
Section 179 does away with this depreciation, and instead allows a business to deduct the entire cost of that computer (the full $1,000) this year. It doesn?t take an accountant to see that this can have a considerable impact on the taxes owed for this year. In fact, since it?s likely a business will have to pay taxes anyway, making a large purchase of equipment this year can actually substantially lower the tax bill. Saved By: Ryan Price | View Details | Give Thanks
added 2007 Sat Jun 30 7:00:00 by unknown user
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added 2007 Fri Jun 8 17:25:17 by populist
Heavily armed officers with an armored vehicle moved in Thursday on a fortified hilltop compound owned by a couple convicted of tax evasion, then insisted the show of force was just a precaution.
added 2007 Tue Jun 5 17:39:33 by populist
Foreign aid is a system by which the American taxpayers are forced, in the name of national security or defense of the "free world," or charity, or whatever the politicians tell us, to subsidize US export companies and prop up client states that are often ruled by dictators.
added 2007 Thu May 31 4:23:53 by y_soitenly
New Law Prevents Parents From Shifting Assets to Students Under Age 24; Trust-Fund Babies, Watch Out. A new tax law further tightens the screws on wealthy parents who make gifts to a child in order to take advantage of a lower tax rate on children's investment income.
added 2007 Thu May 31 3:45:51 by populist
After many years of paying personal taxes, paying employer's taxes, honorably serving my nation, voting on principal and writing many articles in defense of freedom, I've been told by my President that I am the problem with America.
added 2007 Mon May 28 20:28:45 by populist
I worry that politics could seriously distort the science. Suppose that carbon taxes are widely enacted, but that the rate of global warming increase starts to decline by 2015. The political system might pressure scientists to provide justifications for the taxes.
added 2007 Thu May 24 9:16:46 by zaph22
State and local governments this week resumed a push to lobby Congress for far-reaching changes on two different fronts: gaining the ability to impose sales taxes on Net shopping, and being able to levy new monthly taxes on DSL and other connections. One senator is even predicting taxes on e-mail.
added 2007 Sat May 12 10:45:39 by Aidenag
In a break with the tradition of recent presidential campaigns, most of the major presidential candidates aren't releasing their income-tax filings. That means voters are likely to know less about the income sources, personal wealth and charitable inclinations of the presidential candidates than in any election in the past generation.

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added 2007 Fri May 11 17:19:54 by saltyveruca
From higher taxes to more drilling, these are CNN Money's suggestions for ways to cut gas prices.
added 2007 Tue May 8 8:17:41 by zaph22
U.S. hospitals are charging uninsured patients about two-and-a-half times more than those with health insurance, a mark-up that has been steadily rising despite pressure to level prices, a study released on Tuesday found.
added 2007 Fri May 4 20:27:17 by populist
One day you're gonna wake up, America. And, like every other one since last you can remember, it's gonna be an ugly morning.
added 2007 Wed May 2 14:46:38 by Aidenag
Arizona Rep. Rick Renzi avoided federal campaign penalties by paying $323,830 in back taxes last year to reassure regulators that loans to his political committee came from his own pocket. The congressman, who has also been drawn into an FBI investigation, completed a conciliation agreement with the FEC on Jan. 10, but it was only made public now.
added 2007 Mon Apr 30 20:15:58 by populist
A federal watchdog agency insists that its investigations clearly show the US government is facing serious long-term funding shortfalls, while federal contractors, doctors and medical suppliers, regularly receiving federal Medicare money, owe billions in unpaid taxes.
Netscape

Bush has NOT cut taxes

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added 2007 Mon Apr 30 20:10:23 by populist
Since all forms of government revenue are generated by a coercive, non-contractual transfer of assets, it would be accurate to refer to all government spending as some form of taxation. Now, what can we say about Bush's tax-cutting reputation? Simply put, it's undeserved.
added 2007 Fri Apr 27 18:16:33 by lenseview
Pretty amusing, silly, with caption. Not all the locals are thrilled with their local gov't . . . .
added 2007 Mon Apr 23 11:59:07 by Aidenag
House Democrats, aiming to seize taxes from Republicans as a political issue, have come up with a plan to shift the burden of the hated alternative minimum tax onto the shoulders of the nation's richest households. The proposal, would attempt to restore the original purpose of the parallel tax structure, which was created in 1969.
added 2007 Sun Apr 22 22:34:48 by JaneMay
Everyone hates paying taxes! Especially when you don't know where in the world those hard earned tax dollars go. Who does it help? Where does it all go? Is it paying someone to do something? Well, The U.S. government has a specific process of where all of those billions of dollars in taxes it collects actually go. See the chart included.
added 2007 Wed Apr 18 18:38:57 by populist
Many people aren't aware that America - conceived in liberty in 1776 - didn't have a permanent income tax until 1913. In fact, the Constitution prohibited it. For over a century, the U.S. government survived quite well without an income tax. It operated a small, constitutional government on the revenue from tariffs and excise taxes.
added 2007 Tue Apr 17 19:41:50 by JamesMarcus
With today's deadline for filing 2006 tax returns, this is peak season for audit anxiety. The prospect of having to document all the claims on one's tax return is dizzying at best--and terrifying at worst. Here is the lowdown on your risk of being audited, how the process works and what you should expect if your return is singled out for inspection. For starters, relax. Most individual returns are unlikely to get audited, and a sit-down audit is rare.
Netscape

A Feminist Tea Party?

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added 2007 Tue Apr 17 4:01:23 by populist
Few of us realize that the income tax code has always favored men over women-especially those with stay-at-home wives.
added 2007 Mon Apr 16 1:33:14 by TimALoftis
Majority Think Life Has Gotten More Difficult For Middle Class
added 2007 Sun Apr 15 2:58:48 by populist
The film first focuses on the US Internal Revenue Service showing that the federal income tax on an individual's wage-paid labor is illegal and unconstitutional because there's no law written requiring that anyone pay it.
Netscape

Last-minute tax tips

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added 2007 Sat Apr 14 22:50:49 by corey.spring
Tax Day is less than a week away. Haven't started on your return yet? No problem. Here's what you need to do.
added 2007 Sat Apr 14 8:23:45 by PaganGodess
WASHINGTON - Most people file their tax returns electronically because it's convenient, despite lingering concerns about the security of their most sensitive financial information, according to a new AP poll.
added 2007 Fri Apr 13 23:49:49 by jeremytoday
President Bush and the first lady paid $186,378 in federal taxes on their income of $765,801 for last year. Vice President Dick Cheney and his wife made twice as much and paid the tax man about $50,000 more than they owed.
added 2007 Fri Apr 6 21:34:53 by webtickle
You'll never love paying taxes, but how would you like your money to go toward repairing the Hubble telescope, funding alternative energy research or paying your old 3rd grade teacher? Personal tax earmarking is an idea that lets you choose where your tax payments are allocated.
added 2007 Fri Apr 6 20:54:18 by populist
State and local taxes will consume a record-setting 11% of the nation's income in 2007. Since 1986, the state-local tax burden had never fallen below 10% or risen above 10.9%.
added 2007 Thu Apr 5 20:31:25 by JaneMay
The April 17th deadline is fast approaching and your taxes will be due. Most people dread this deadline but I have found it very easy to overcome. There is an interesting USA Today/Gallop Poll released today about what people will do with their refund check.
added 2007 Tue Mar 27 20:09:03 by populist
My new book, "The American Dream," is a punch in the nose to George W. Bush and Karl Rove. They smirk while others die. They are getting away with murder. They are robbing us blind.