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Taxes News

Op-Ed: The November midterm elections may be about more than Obamacare

The November midterm elections are shaping up to be a referendum on Obamacare in the congressional races — however, in the gubernatorial and state legislature contests, the election may be about something else entirely.
In the Media by Michael Krebs - 1 comment

U.S. tech giants' offshore cash piles earn interest from government: report

Four of the biggest U.S. technology groups collectively hold an estimated $124 billion in U.S. Treasury debt, much of it offshore, earning them tax-free interest, the UK's Bureau of Investigative Journalism (BIJ) said on Thursday.
In the Media by Reuters

Investor Tom Perkins says progressive taxation 'persecutes' the rich

Tom Perkins, the Silicon Valley venture capitalist who compared the plight of the wealthiest Americans to Jews in Nazi Germany, offered up a provocative new idea on what the rich deserve: more vot...
In the Media by Sarah McBride (Reuters) - 1 comment

Op-Ed: Obama's minimum wage attempt offers nothing for middle class

Ahead of President Obama's State of the Union address tonight, it might be helpful understand the scope of the mathematics that are being tossed around on the minimum wage question.
In the Media by Michael Krebs - 27 comments

Op-Ed: Bankruptcy hounds Pacquiao as IRS, BIR take legal options

The Philippines' Bureau of Internal Revenue (BIR) appears to have scored another legal victory in its effort to collect outstanding tax dues from Manny Pacquiao and wife Jinkee estimated at $50 Million.
In the Media by Leo Reyes

Op-Ed: Pacquiao's $20 million fight purse not enough to pay Uncle Sam

Top Rank Promotions owner Bob Arum is reportedly paying eight-division world champion Manny Pacquiao a guaranteed sum of $20 million to face unbeaten WBO welterweight champ Timothy Bradley in a rematch at the MGM Grand in Las, Vegas, Nevada.
In the Media by Leo Reyes

Op-Ed: Comprehensive U.S. tax reform can benefit the 90 percent

With the 2014 midterm election narrative likely to center on income inequality, congressional legislators and candidates should look to meaningful comprehensive tax reform.
In the Media by Michael Krebs - 3 comments

No jail time for Beanie Babies creator Ty Wilson

Ty Warner, the billionaire creator of Beanie Babies toys, pleaded guilty to tax evasion in October, but on Tuesday it was announced that he won't serve any prison time for hiding millions of dollars in secret Swiss bank accounts to evade taxes.
In the Media by Lizz Riggs

Op-Ed: Floyd Mayweather not ready to face Manny Pacquiao next year

Floyd Mayweather has been busy in the last couple of days engaging potential opponent Manny Pacquiao in a comical and sometimes insulting play of words to make it appear that he is now ready to face Pacquiao in the ring after three years of failed talks.
In the Media by Leo Reyes - 1 comment

Op-Ed: Manny Pacquiao could lose his next fight in the US

Filipino boxing superstar Manny Pacquiao could lose every cent he expects to make in his upcoming fight in the U.S. which is tentatively scheduled for April or May possibly against unbeaten American boxer Timothy Bradley or Mexican Juan Manuel Marquez
In the Media by Leo Reyes
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Sen. Hatch  left  enjoys some Ogden chili.
Hatch DC office
Sen. Hatch, left, enjoys some Ogden chili.
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Taxes Blogs

You are no longer living in a free country

Have you had the feeling recently, as an American, that you were no longer living in a free country? This may be tough...
May 19, 2013 by Walter "Bruno" Korschek - 6 comments

Tax Freedom Day — When does taxation become repression?

Three days ago was the dreaded April 15, the day when the IRS and the Federal government demands that you file your...
Apr 15, 2013 by Walter "Bruno" Korschek

Obama's budget proposal contains increased cyber spending, taxes

President Barack Obama released his budget proposal on Wednesday for 2014. It joins proposals from the Republicans in...
Apr 12, 2013 by Tim Watson

Radical idea — Bust the deficit and reduce corporate influence in elections

While nursing my morning coffee and watching the talking heads argue over pay increases for Congress an Idea occurred...
Jan 5, 2013 by sumdume - 14 comments

Obama is Getting a Better Deal than He had Hoped

Good things come to those who wait. President Obama waited for the right to make a realization. He knew they would...
Jan 1, 2013 by JD Rucker
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