GOP zealots, enthralled by a fictitious fantasy of tax cuts and free-market nonsense, turned Kansas upside down
Thanks to continuing Congressional cuts in the IRS budget, fewer and fewer Americans will face an audit of their return. The IRS revenue from examinations has dropped by about 10 times the savings from the budget cuts. The cuts have resulted in a net loss of over $5 billion in 2015. Show More Summary
If you haven’t seen those laughable Start-Up New York television ads, then you must be one of those who has cut the cord. New York, a blue state with an oppressive tax and regulatory business atmosphere typical of those states where liberals infest the statehouses, has been running these promotional ads for a couple of […]
Here is President Obama, in the course of defending his economic performance: If we can’t puncture some of the mythology around austerity, politics or tax cuts or the mythology that’s been built up around the Reagan revolution, where...Show More Summary
Barack Obama has accused the Republican presidential candidates of defying logic and peddling “fantasy” in telling voters they can cut taxes and government regulations, balance the budget and produce economic growth. “If you look at the platforms, the economic platforms of the current Republican...
Duke Ellington, who has never been a man to be afraid of fooling around with new ideas, offers some of his most unusual in a Victor album (P-182; $3.57, with tax) that includes eight blues sides cut a year or so ago but only recently issued. Show More Summary
BRASILIA (Reuters) - A new government in Brazil led by Vice President Michel Temer would focus on cutting spending to close a gaping budget deficit and would only raise taxes as a last resort, the leader of his Brazilian Democratic Movement Party (PMDB) said on Wednesday.
During the Earth Day festivities, President Obama once again reiterated the United States’ commitment to reducing carbon emissions. But he went beyond his initial pledges of cutting such emissions by 28 percent by 2025 from 2005 levels and to 80 percent by 2050 from the same baseline. How to achieve that? Obviously, the aim is […]
by Linda Beale Senate Finance Committee cuts tax return preparer regulation As most tax practitioners realize, many people who hold themselves out as “tax return preparers” actually know nothing about the tax laws and may even assist their clients in cheating on their taxes by inventing home offices, travel-away-from-home expenses, or other fictional deductions. The […]
Bratislava (Reuters) - Slovakia's newly formed government won a parliamentary confidence vote on Tuesday as the legislature approved its program manifesto including a relaxation of budget targets and moderate cuts in taxes for companies and small businessmen.
Koch would let immigrants destroy American culture so long as someone cut his taxes, she argued
Alberto Alesina of Harvard University talks with EconTalk host Russ Roberts about his research on fiscal policy and austerity. Alesina's research shows that spending cuts to reduce budget deficits are less harmful than tax increases....Show More Summary
Senate and House lawmakers couldn’t bridge a.04-percent gap in how much to cut taxes for the rich.
Governments could be receiving an extra $167 billion annually if corporations paid Reagan-era tax rates. If corporations paid the same tax rate as they did under Ronald Reagan, governments in the U.S. would have enough money to fundShow More Summary
Illegal logging is a pervasive and global problem. This practice includes removing trees from protected areas, failing to pay taxes and fees for timber, cutting protected species, stealing wood from the rightful owners and/or removing more timber than allowed from a given area. Show More Summary
Wall Street Journal, Goat Herd Helps Trump Lower Tax Bite: Donald Trump has found a solution that cuts both his grass and his tax bill: Goats. The Republican presidential front-runner’s small goat herd, combined with hay farming and wood cutting, let him qualify for a New Jersey farmland tax break...
The state is short of money yet again, thanks in part to a tax cut its governor won’t touch.
CEO Satya Nadella has made the cloud the linchpin of his strategy for getting companies to think about Microsoft products again. A "catch-up" tax adjustment cut into profit.
Slow device sales, negative interest rates cut into Sony’s earnings for the latest fiscal year, the company says, but it still expects its net income to rise thanks to tax adjustments.
In 2012, Kansas Gov. Sam Brownback attempted to turn his state into a showcase for hardcore conservative policy thinking by passing a package of tax cuts so berserk that, even at the time, some of his fellow Republicans worried it was a tad ill-advised. Show More Summary