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7 Reasons I Support the Fair Tax, and You Should Too
7 hours ago ago from Geek Politics
1. The Fair Tax Gets Rid of the Hidden Costs in Goods What do I mean by this? Right now all of the things you buy have a lot of markup to cover the cost of taxes on businesses. Businesses have to pay social security taxes for every employee along with high corporate taxes on profits. If you take these away competition will bring the price of everything down significantly. 2. The Fair Tax Will Bring Businesses to America Which Means ...
Related contentObama Was Against "Bush Tax Cuts" Before He Was For Them
21 hours ago ago from Welcome To Trigger
Sounds like every other Democrat during the Bush years when the mid part of the Iraq War wasn't going to well. "I voted against the Iraq War before I voted for the Iraq War" or some stupid crap like that. Behold an excellent observation from The Anchoress on this line from the Obama administration: " Our budget explicitly calls for permanently extending the Bush tax cuts for households making less than $250,000. " What? People who were ...
Related contentTax cuts for the rich it's true, but it's also rubbish.
11 hours ago ago from White & Black / Black & White
White & Black / Black & White Richard Beddie s take on simplifing the world we live in. RSS Feeds Follow me on Twitter! About White and Black Blog Health & Fitness My Philosophy on life Predictions Reviews Contact me / disclaimer Selfish dog owner not thinking of dog's welfare Tax cuts for the rich it's true, but it's also rubbish. Ever since the new tax plan was announced by John Key ...
Related contentTax cuts: High earners set to benefit most
10 hours ago ago from Ian Mellett - Lawyer and principal of QUAY LAW
Source: nzherald.co.nz By Audrey Young 4:00 AM Wednesday Feb 10, 2010 Big personal tax cuts for middle and high-income earners are likely to be announced in the May Budget and take effect from October this year. The tax cuts of up to $4 billion will be funded mainly by increasing GST from 12.5 per cent to 15 per cent, and cutting depreciation tax breaks on buildings. Prime Minister John Key pledged to give ...
Related contentPlease Retire Linda Gray
13 hours ago ago from Boy Meets Blog
Actual quotes from Senator Linda Gray regarding SB1160 : It's more of a fairness issue for the rest of the property owners.” “For this (tax break) to go in perpetuity isn't fair to the school districts and other taxpayers.” I rarely support increasing taxes, but I felt they should pay their fair share into education.” “I had to repair a foundation crack in my home and it cost me $16,000. I don't ...
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Unemployment taxes slam businesses
17 hours ago ago from CNN Money
Unemployment taxes slam businesses By Tami Luhby , senior writer February 9, 2010: 10:48 AM ET NEW YORK (CNNMoney.com) -- Employers are getting hit with a massive tax hike at a time when they can least afford it. Companies in at least 35 states will have to fork over more in unemployment insurance taxes this year, according to the National Association of State Workforce Agencies. The median increase will ...
Related contentGreece Grapples With Tax Evasion
5 hours ago ago from Wall Street Journal
ATHENS Greece has one apparently simple option for reining in a budget deficit that has roiled financial markets: Clamp down on widespread tax evasion, which costs the country an estimated 15 billion ($20.5 billion) a year, an amount that would pay off a big chunk of the budget deficit. The trouble is, tax evasion in this Mediterranean country is extremely difficult to eradicate. Trying to cope with its budget problems, Greece announced ...
Related contentWashington's bonus tax fantasy
16 hours ago ago from CNN Money
Washington's bonus tax fantasy By David Ellis , staff writer February 9, 2010: 11:54 AM ET NEW YORK (CNNMoney.com) -- The government's plan to tax Wall Street's bonus bounty is shaping up to be nothing more than a pipe dream. Hoping to ride the wave of populist outrage against financial firms like Goldman Sachs, lawmakers have been hard at work hatching legislative schemes aimed at reining in bonuses at firms that received billions of ...
Related contentLetter from Europe - New Inroads on Swiss Bank Secrecy - NYTimes.com
15 hours ago ago from The New York Times
PARIS The Swiss are shocked again, this time over the German decision to buy a list of some 1,500 possible tax cheats saved on a disc lifted from a Swiss bank. It's stolen property, say the Swiss bankers. It's bank robbery, cry the lawyers. It's behavior unfitting of a civilized state, harrumphed one Swiss politician. Wait a minute. Who's talking here? This is a country that for centuries has relied on banking-secrecy laws to benefit from ...
Related contentBBC News - Greece hit by nationwide strike over austerity measures
20 minutes ago ago from BBC
PM Papandreou has faced down public opposition so far Public sector workers in Greece have launched a nationwide strike in protest at government measures to tackle the country's huge budget deficit. Flights have been grounded, many schools closed, and hospitals are operating an emergency-only service. The government wants to cut pay, reduce pensions and revise the tax system. EU leaders will discuss the issue during a ...
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