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A Savings Guide Based On The Taxes You Pay: Introducing The Total Income Tax to Total Savings Ratio (TITTS)

Business & Finance / Personal Finance : Financial Samurai

The joy of doing your own taxes is that you know where every single dollar of income goes. When our tax bill is not being optimized, we call this “leakage.” I finished up my taxes with H&R Block and realized I paid more in taxes tha...

26 Major Corporations Paid No Taxes For The Last Four Years, Despite Making Billions In Profits

US Politics / Liberal : ThinkProgress: Election

Last year, Citizens for Tax Justice found that 30 major corporations had made billions of dollars in profits while paying no federal income tax between 2008 and 2010. Today, CTJ updated that report to reflect the 2011 tax bill of th...

Millennials Are Financially Savvy - Like Dude They Really Are

Business & Finance : Huffington Post: Business Blog

"Millennials file 1 out of every 3 tax returns, earn 1 out of every 6 dollars in income, and pay 1 out of every 13 dollars in taxes" according to the Tax Foundation's recent piece Millennials Pay Very Little in Income Taxes. Those f...

Why Donald Trump May Never Pay Federal Income Tax Again

Business & Finance / Taxes : TaxProf Blog

Daily Beast: Why Donald Trump May Never Pay Federal Income Tax Again, by David Cay Johnston: The alleged billionaire, last known to have paid up in 1977, may not have to until 2042—if then. Donald Trump can enjoy income tax-free liv...

Income Taxes Aside: Donald Trump’s Other Tax-Avoidance Moves

Politics / US Politics : Washington Wire

GOP presidential nominee Donald Trump has said that his mastery of the federal tax code has allowed him to legally avoid paying federal income taxes. He has talked less about his efforts to avoid paying other types of taxes.

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