» Posts in the Taxes Category:

 

Welcome to tax season, now prepare to give your #Obamacare subsidy back

Posted by: Phineas on February 2, 2015 at 3:15 pm » 1 Comment

**Posted by Phineas This item has been sitting in my files for a while (1), but, since we’re deep into tax season, it’s still relevant — especially so for people relying on that federal subsidy to help pay for their “affordable” health care: As many as 3.4 million people who received Obamacare subsidies may owe […]

 

NC residents may find themselves in a “Land of Confusion” come tax-filing time

Posted by: ST on January 21, 2015 at 1:14 pm » 4 Comments

Yours truly is now officially a contributor to the Independent Journal Review, and my first piece is on the NC tax reform laws that went into effect last year and how, as a result, some residents of this state might be perplexed on how to fill out their state tax returns come tax-filing time. Very […]

 

Report: Government may have erroneously paid out $100 billion in 2013

Posted by: ST on July 9, 2014 at 9:32 am » 1 Comment

And people wonder why we think a smaller government is a better government- via the AP: WASHINGTON — By its own estimate, the government made about $100 billion in payments last year to people who may not have been entitled to receive them — tax credits to families that didn’t qualify, unemployment benefits to people who […]

 

America continues the decline into “part time nation” status

Posted by: ST on July 3, 2014 at 11:39 am » 5 Comments

Via the Washington Post: In the new landscape of the American labor market, jobs are easier to come by but hours remain in short supply. New government data slated for release Thursday is expected to show the economy added more than 200,000 jobs for the fifth straight month — the longest streak since the late […]

 

Surprise: Bill & Hillary Clinton are hypocrites on the estate tax

Posted by: ST on June 18, 2014 at 9:48 am » 2 Comments

Bloomberg has an intriguing report detailing just exactly how hypocritical the Clintons are on the issue of the estate tax (hat tip): Bill and Hillary Clinton have long supported an estate tax to prevent the U.S. from being dominated by inherited wealth. That doesn’t mean they want to pay it. To reduce the tax pinch, […]

 

Obamacare penalties to slam low-income Americans

Posted by: Phineas on June 9, 2014 at 7:30 pm » 1 Comment

**Posted by Phineas Wait. I thought the whole point of this rolling fiasco was to make insurance  affordable for the least among us. But, according to the Congressional Budget Office, roughly one million Americans will pay the fine tax whatever the heck Roberts decided it was. Via The Washington Free Beacon: “All told, CBO and […]

 

Austinite who always votes for raising taxes can’t afford to live there anymore

Posted by: ST on June 4, 2014 at 6:42 pm » 7 Comments

How much do you want to bet this person is a liberal Democrat? On a recent evening, more than 300 homeowners who are worried about their rising property tax bills filled First Unitarian Universalist Church in North Austin for a town hall meeting. If something doesn’t change, many said, they will soon be priced out […]

 

The IRS wants to tax your frequent flyer miles and hotel points

Posted by: Phineas on May 27, 2014 at 2:15 pm » 2 Comments

**Posted by Phineas It’s as if the agency was worried it wasn’t hated enough. Writing at Reason, Ira Stoll reports that the Internal Revenue Service is looking at taxing rewards points offered by airlines and hotel chains: Just in time for your summer vacation, the IRS is getting ready to toughen the tax treatment on […]

 

Obama to high-dollar donors: Americans are “better off” since I was elected

Posted by: ST on May 20, 2014 at 11:28 am » 5 Comments

Oh really? President Obama said Americans were “better off now than when I came into office,” during a fundraiser Monday night outside of Washington. Obama also slammed congressional Republicans for their focus on the terror attack in Benghazi and the implementation of ObamaCare. The president told attendees at the high-dollar soiree in Potomac, Maryland that […]

 

Detecting life in the CA economy, state senate moves to kill it

Posted by: Phineas on April 26, 2014 at 8:22 pm » 1 Comment

**Posted by Phineas Well, at least California’s legislative Democrats are consistent: if it works, regulate it, and if it makes money, tax it. In the latest example, Senator Noreen Evans (D-Santa Rosa) has authored a bill to slap a nearly ten-percent tax on oil extraction: The Senate Education Committee voted 5-2 — the minimum number […]