Category Archives: taxes

If it pleases the BoCo government elites….

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Go ahead, make my day – Time Urges 65 Million Americans Who Voted For Hillary Not To Pay Taxes | Zero Hedge The IRS can find a great safe space for them…

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100 year anniversary of the income tax

On The 100th Anniversary Of The Income Tax The voters need not worry, they were told, because regular people would never ever pay the income tax. I wonder if the politicians back then new they were lying? There’s no doubt … Continue reading

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Revenge is a dish best served with a 25% budget cut

House Republicans push to slash IRS budget by 24 percent, cite abuses and sequestration | Fox News. Unfortunately… While it’s unlikely that such a severe cut will pass both congressional chambers, it does give lawmakers another opportunity to verbally punish … Continue reading

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Online retailers call Internet sales tax a ‘nightmare’

Online retailers call Internet sales tax a ‘nightmare’ – Yahoo! Finance. Kevin Hickey’s company outside Pittsburgh, Online Stores, sells everything from flags to English tea to construction equipment. It’s one of those do-everything retailers that essentially serves as an online … Continue reading

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Phil, I got your back

via Christian Science Monitor (and other outlets such as Forbes and ESPN)… Phil Mickelson:  “If you add up all the federal and you look at the disability and the unemployment and the Social Security and the state, my tax rate’s … Continue reading

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While we’re talkng taxes, moving on to the fiscal cliff: Higher Taxes for All: The Dems’ Terrible Fallback Plan for the Fiscal Cliff The Senate tax bill is just that — a tax bill. It would extend the Bush tax cuts … Continue reading

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“Andre DiMino has been running medical device company ADM Tronics since his father, who founded the decades-old firm, died in 2001. He’s never laid off anybody. “

Medical companies brace for ‘devastating’ ObamaCare tax, prepare for layoffs Taxes have consequences. Once again, whatever projected increase Progressives believe they will see due to taxing the 1%, it ain’t going to happen.

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Tax Migration

An Embarrassing Metric Disappears Since 1991 the Internal Revenue Service has been compiling statistics on filers’ addresses, which the agency’s Statistics of Income division uses to show who is moving into and out of every county and state in the … Continue reading

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Fearing a tripling of dividend tax rates next year, companies have found one-time payouts and early payments of quarterly dividends as a way to beat some of the impact of the “Fiscal Cliff.”

Special Dividends: Companies Shelling Out Billions to Beat the ‘Fiscal Cliff’

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Of course it does: Looming Tax Hike Motivates Owners to Sell Mr. Wolf added that if he waited until after the tax increase to sell, he would have to expand the business at the current rate “for at least 3 … Continue reading

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Wow, rich people leaving France? Who would have ever guessed?

Rich businessmen pulling out of France as tax-hit looms “It’s nearly a general panic. Some 400 to 500 residences worth more than one million euros ($1.3 million) have come onto the Paris market,” said managers at Daniel Feau, a real-estate … Continue reading

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“They’ll turn us all into beggars ’cause they’re easier to please.”

USA Today, Glenn Reynolds: With liberty and taxes for all That’s a line from a 1980s rock song, but it’s a pretty concise summary of the Obama administration’s political approach: Vote for us because we’ll take other people’s money from … Continue reading

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NEWS YOU CAN USE: 100 Days Until Taxmageddon

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“In reality, we’re not looking at the U.S. to build factories anymore as long as this tax is in place. We can’t, to be competitive,”

Indiana company scraps plans for expansion over ObamaCare device tax No worries, no cost is too high for progressives to get control of the health care system.

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How unemployment discourages hiring

Interesting article from CNN money written from the employer point of view. The silent job killer: Our unemployment system And the problem in a nutshell… The Marsh-Newnam partnership has all the makings of a grassroots business story that — stitched … Continue reading

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20 new taxes thanks to Obamacare

Excise Tax on Charitable Hospitals – Bill: PPACA; Page: 1,961-1,971 Codification of the “economic substance doctrine” – Bill: Reconciliation Act; Page: 108-113 “Black liquor” tax hike – Bill: Reconciliation Act; Page: 105 Tax on Innovator Drug Companies – Bill: PPACA; … Continue reading

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Imagine

Escape From New York? High-Taxing Empire State Loses 3.4 Million Residents in 10 YearsIt isn’t hard to do.

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California Education Budget

Darren at Right on the Left Coast responds to a frustrated teachers comment:”More cuts? When will this end?” His response… Well, Teacher X, it will end when you quit voting for the Democrats who keep running this state down the … Continue reading

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Glenn Reynolds: Because ruining the lives of New Yorkers isn’t enough, I guess. Mikey Bloomberg campaigns for higher taxes in California. Goodness gracious you can’t make this stuff up.

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