Tax Code
The latest news and opinions on Tax Code
Is it time to overhaul the tax code?
by knoodelhed
The Internal Revenue Service has been in the spotlight lately due to their selective investigation of conservative groups. Would revising US tax laws towards a flat tax or some other model simpler than the current one seem to be in order?
Who do you think benefits from the US Tax Code?
How Many Pages Long Is the U.S. Income Tax Code in 2013? According to the CCH Standard Federal Tax Reporter , as of 2013, it now takes 73,954 regular 8-1/2" x 11" sheets of paper to explain the complexity of the U.S. federal tax code! Believe i...
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I just wrote a response to someone telling me that I am to far to the right. Here is my reply. A little raw but I did not feel like taking time and just typed somethings off the top of my head. I will admit that I a...86 opinions2013/01/27 21:05:05
My wife has convinced me that I am a liberal. Because believe in the liberal use of the death penalty after one appeal, liberal use of corporal punishment in schools and home, liberal application of Constitutional limits ...2 votes2013/01/17 16:33:12
NY Post: Gore was conspicuous by his absence, which seemed to only rankle the staff even more: “Of course Al didn’t show up,” said one high placed Current staffer. “He has no credibility.” And Gore’s hypocrisy wasn’...56 opinions2013/01/11 21:19:54
As lawmakers contemplate tax reform, a new survey of small businesses suggests owners want lower rates and fewer deductions. “More than half (52 percent) of small businesses believe that simplifying the tax code should be...12 opinions2013/03/13 12:52:23
Are Democrats done raising taxes on the American people? "No," says House Democratic leader Nancy Pelosi (D-Calif.). "We can raise more revenue," says Rep. Chris Van Hollen (D-Md.). And Sen. Dick Durban (D-Ill.) says "th...5 opinions2013/01/07 19:49:35
A senior administration official said that wealthy taxpayers can currently “accumulate many millions of dollars in these accounts, substantially more than is needed to fund reasonable levels of retirement saving.” Under t...8 votes2013/04/06 22:31:03
In recent news, there have been words about President Obama adding a provision in the budget to lower the cost-of-living adjustment for Social Security. As expected, many Democrats in the Congress are not cool with t...1 opinion2013/04/08 15:21:17
A new survey of small businesses across the nation gives Michigan a “D” in overall friendliness, ranking it among the worst in the country. According to Michigan entrepreneurs who participated in the survey, the stat...22 opinions2013/04/03 10:44:05
Even though he still doesn't have a final draft of his tax plan, Gov. Bobby Jindal has launched his statewide campaign to sell his gospel of wealth. He's hoping to generate citizen support that will convince wary lawmakers...3 opinions2013/03/25 20:43:18
All of the companies were profitable at the time. In spite of this, and the massive federal budget deficit, 29 out of the 30 companies featured in the study managed through various legal tax-dodging measures to pay no fede...1 opinion2013/02/16 19:23:52
That's a very good question. Where and when did all of this start? I have an opinion about that. I believe it started when we instituted the 16th Amendment, the "INCOME TAX AMENDMENT". The government has taken more and mor...32 opinions2013/03/26 18:41:26
Boehner Extends Olive Branch on 'Fiscal Cliff' Published: Wednesday, 7 Nov 2012 | 4:40 PM ET Text Size By: Reuters House Speaker John Boehner offered Wednesday to pursue a deal with a victorious President ...21 opinions2012/11/07 22:47:36
A lengthy and far-reaching study being bankrolled by the U.S. Department of Treasury will deliver environmentalists and other liberal groups ammunition for their rigorous campaign to curb so-called “global warming,” possib...4 opinions2012/11/05 01:18:42
Sen. Max Baucus (D-MT), the Chairman of the Senate Finance Committee, slammed Murray on Tuesday evening through a spokesperson. A Baucus spokesperson told that the Montana Democrat believes Murray’s decision to include wha...1 vote2013/03/13 06:58:21
U.S.-based nonfinancial companies are parking record amounts of cash abroad, thanks largely to a tax code that encourages them to indefinitely keep profits from their foreign subsidiaries outside of the country. Some of t...2 opinions2013/03/13 02:32:31
Read that last sentence again. Its called "The Imputed Net Rental Income on Owner-Occupied Housing" and the feds include it in their annual list of "tax expenditures." That term is how Washington officially refers to...11 votes2012/12/13 12:19:59