Tax History: Why U.S. Pursues Citizens Overseas
By John D. McKinnon The U.S. is the only country that taxes its citizens on their world-wide income, no matter where they live
Continue Reading →By John D. McKinnon The U.S. is the only country that taxes its citizens on their world-wide income, no matter where they live
Continue Reading →State lawmakers recently learned that the state will get a windfall of $292 million added to the budget. The question is whether to use most or all of that money to restore vital state services or to give it back to taxpayers in the form of tax cuts. After years of deep budget cuts since the beginning of the recession, the priority should be providing the basic level of services for the state’s residents, not another tax cut that would further drain the state’s resources.
Continue Reading →Julian Block, author of Tax Tips For Marriage and Divorce has provided me with a few brief tips, which I will be posting over the next week. I reviewed his book last week. It turns out the first one he sent me might be of interest to Kim Kardashian. She was married to New Jersey Nets player Kris Humphries for 72 days in 2011 before seeking divorce. He countered by seeking an annulment. Divorce Versus Annulment: the Big Tax Difference Picture a cozy household of three: just Brad Pitt, Angelina Jolie, and the friendly tax man. Fact is, whether Brad, Angelina, Jennifer, Bristol, Levi, Snooki, Kim or anyone else is hooking up, breaking up, or something in between, the odds and ends of their relationships are grist for the IRS mill.
Continue Reading →Topeka — Gov. Sam Brownback said Friday he will sign into law a deficit-producing tax cut after the Senate blocked a less aggressive measure to cut taxes. Brownback said he would release next week plans for a bill signing ceremony on a measure that a state financial projection estimates would drive the budget into a negative ending balance ranging from $2.5 billion to $3 billion by 2018.
Continue Reading →Julian Block, author of Tax Tips For Marriage and Divorce has provided me with a few brief tips, which I will be posting over the next week. I reviewed his book last week. It turns out the first one he sent me might be of interest to Kim Kardashian. She was married to New Jersey Nets player Kris Humphries for 72 days in 2011 before seeking divorce. He countered by seeking an annulment. Divorce Versus Annulment: the Big Tax Difference Picture a cozy household of three: just Brad Pitt, Angelina Jolie, and the friendly tax man
Continue Reading →TOPEKA, Kan.
Continue Reading →(MoneyWatch) Newly public technology titan. Cultural icon.
Continue Reading →Former Treasury Secretary John Snow’s defense of the 2003 tax cuts ( “‘Taxmaggedon’ Is a Real Threat,” op-ed, May 14) on capital is replete with philosophical arguments, but absent hard statistics. He asserts that “capital warrants special tax treatment” because of its role in generating jobs
Continue Reading →TOPEKA — Unless lawmakers somehow break their impasse on taxes, it will be up Kansas Gov. Sam Brownback to follow through on his promise
Continue Reading →Tannen Maury / EPA Members of National Nurses United rally in Daley Plaza on Friday, ahead of the NATO Summit in Chicago. By Miranda Leitsinger, msnbc.com A coalition of nurses’ unions is calling for a “Robin Hood” tax on Wall Street, which they say could generate up to $350 billion a year, in the first major protest ahead of this weekend’s NATO summit in Chicago. Their pitch: impose a tax of 50 cents on every $100 of trades of stocks, bonds, dividends and other financial transactions, which are not currently taxed
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