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A Short Timeline of Taxation of the USA, Part One
14 hours ago ago from Taxcut 2009.us
Raleigh NC Accountant W. Marc Gilfillan, CPA, NC , individual and business CPA and Tax expert, shares about the history of taxes Between 1868 to 1913, almost 90% of the federal government’s revenue was gotten from tax on alcohol and tobacco. While the Civil War was occurring there was a brief income tax, but it wasn't until 1913 that the 16th Amendment permitted Congress to tax incomes “from whatever sources attained.” The ...
Related contentRudd's Christmas gift: higher taxes
1 hour, 58 minutes ago ago from The Western Lines
The Howard government was able to provide income tax cuts virtually every year after the budget went into surplus. Thanks Rudd's big government we will be getting tax increases instead: ACROSS-THE-BOARD income tax cuts are off Labor's agenda as the Henry review looks instead to ease the burden on individual taxpayers by simplifying returns and reducing churn in the tax and family payment systems. The compromise at the heart of the report ...
Related contentThe Basics of “Global Warming”…!
11 hours ago ago from Ranaalok's Blog
Q-What is Global Warming? A:-Global Warming is defined as the increase of the average temperature on Earth.As the Earth is getting hotter,disasters like hurricanes,droughts and floods are getting more frequent. Q- What causes global warming? A- Carbon dioxide and other air pollution that is collecting in the atmosphere like a thickening blanket, trapping the sun's heat and causing the planet to warm ...
Related contentObamacare Tax Surcharge Unconstitutional – Arguments
3 hours ago ago from Fascist Soup
Phil Hart reports : The current attempt by today’s White House Administration to impose more big government on the American People by way of the “single payer option” for healthcare is as unconstitutional as gun confiscation or the elimination of free speech. Obamacare will be funded with a health care surcharge on the today’s income tax, which constitutes an unapportioned direct tax on the wages and salaries of the American People, not ...
Related contentHappy Sales Tax to you! HST is now the law both Federally and Provincially.
12 hours ago ago from Dan's Tax Information and Tax Solutions
You have to love the politics ot tax problems. HST is now the tax we love to hate. For me, it is the tax I love. Why does Dan like HST. 1. Only one tax collector to deal with. 2. One entire Tax Act to not deal with. 3. Much easier to understand. 4. Much easier to track. 5. As a business we get our HST back in the form of tax credits. This is a big improvement over PST. 6. Our new audit ready bookkeeping keeps perfect track ...
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