Category Archives: Taxation

Colorado Pot Activists Unhappy About Paying Taxes On Pot

Wait, I thought liberals were gung ho regarding increased taxation (yes, I know, not all pot smokers are liberals. It’s still a valid point) (Chicago Tribune) A group of marijuana activists in Colorado are suing to prevent the government collecting taxes derived from the state’s legal pot industry, saying it violates the right against self-incrimination […]

D.C. Looks To Tax Insurers To Pay For Obamacare

Remember Reagan’s saying about government? Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it. When it comes to Obamacare, it seems more like Government’s view of the health insurance/care could be summed […]

Good News: IRS Paid Bonuses To Employees Who Were Delinquent On Taxes

Do as I say, not as I do (AP) The Internal Revenue Service has paid more than $2.8 million in bonuses to employees with recent disciplinary problems, including $1 million to workers who owed back taxes, a government investigator said Tuesday. More than 2,800 workers got bonuses despite facing a disciplinary action in the previous […]

IRS Mulls Taxing Work Perks

Perhaps they should start with all the perks elected officials and federal employees are given, starting with any perks IRS workers receive (Fox News) In competitive job markets like Silicon Valley, companies are doing everything they can to entice the best and brightest — offering freebies that have become the stuff of legend. Employee perks […]

Happy Tax Day! 72% Of Individual Filer Taxes Paid By Those Earning $100k Plus

That’s right, campers, today is the last day to file your taxes. Have you done it? (CNS News) Taxpayers earning $100,000 or more a year pay 71.6% of the nation’s share in individual federal income taxes, according to the latest data from the Internal Revenue Service (IRS) from 2011. These data do not include corporate […]

Some States Psyched To Tax E-Cigarettes

As Ronald Reagan once said “Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” States are giving taxation and regulation a shot (Fox News) While waiting for the debate on electronic cigarettes […]

What Say To An “Individual Shared Responsibility Payment” To The IRS?

Of course this must be about Obamacare (Townhall) Here’s your Orwellian Phrase for the Week: Individual shared responsibility payment. Yeah… Go ahead and try to wrap your brain around that amalgamation of contradictory concepts. The phrase is not gleamed from some glossy DNC spin-office, or a Harvard professor’s latest psychobabble posing as an academic paper. […]

Obama Once Again Proposes Caps On Charitable Giving

Which has caused the United Way and other groups to hit Washington (Daily Caller) Leaders of the charitable coalition the United Way swarmed Capitol Hill Tuesday to lobby against the Obama administration’s proposed cap on the charitable deduction in the federal tax code. Lowering the charitable deduction has long been an Obama policy objective. United […]

Democrat Introduces Vehicle Miles Tax Bill

Earl Blumenenauer is fed up with legislative gridlock or something (Politico) Rep. Earl Blumenauer has had enough. With some of the top players in next year’s transportation bill stuck in a staring contest over how to raise billions of dollars, the Democrat introduced two simple bills on Wednesday to address what he calls the upcoming […]

Warmists Robert J. Samuelson: We’re Not Sure What’s Going To Happen, But Let’s Get A Carbon Tax In Place Anyhow

The delusion of the Warmists is on complete display in this opinion piece called Global warming pragmatism Economist Robert Pindyck of the Massachusetts Institute of Technology recently examined the computer models that estimate the effects and costs of climate change — and he didn’t like what he found. The models reflect two gaping uncertainties, he […]

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