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Weekly Tax Roundup

Accounting Web, Last Chance for Multiple IRS Rollovers American Prospect, Education Alone Is Not the Answer to Income Inequality and Slow Recovery, by Robert Kuttner Austin 360, Willie Nelson Talks About the IRS, Weed and Acrobatic Sex With Rolling Stone Bloomberg BNA, Step Away from the Microwave! IRS Rules That...

FitBit Data May Help Insurance Companies Reduce Your Premiums

It’s all about perspective. Ten percent can be a large or small amount, depending on the context of what it represents. If we’re talking about unemployment, 10% is unacceptable. If we’re talking about income tax, paying only 10% would be a blessing. For today, we’re avoiding politics and the economy and instead, talking about the [...]

Obama Donors Show No Aversion to Tax Inversions

President Barack Obama has been bashing companies that pursue offshore mergers to reduce taxes. He hasn’t talked about the people behind the deals -- some of whom are his biggest donors. Executives, advisers and directors involved in some of the tax-cutting transactions include Blair Effron, an investment banker who hosted...

BBC Bullies 100,000 People Per Day With TV Tax Threat Letters

Despite talk of a complete reassessment of the scope and scale of the British Broadcasting Corporation (BBC) when it’s Royal Charter expires next year, the corporation is still sending some 100,000 threatening letters to households every day, according to the Times of London. Show More Summary

PA lawmaker eyes higher cigarette tax for property tax relief

By Andrew Staub | PA Independent All the talk about hiking the cigarette tax in Philadelphia to help fund city schools has some state lawmakers wondering, what about the rest of the state? State Rep. John Lawrence, R-Chester, wants to take the concept of the vice tax and also apply it to the 66 counties...

Jobs Lost Due To Financial Crisis Replaced With Ones That Pay 23% Less

It's the fake recovery, stupid. Despite lavish talk of an economic "recovery", consumer confidence has remained low. Unlike the 1% who are seeing their wealth climb higher on the back of juiced financial markets and tax cheating the average American is living outside the plutonomy in a more limited world. Show More Summary

August Avoidance: Corporate Taxes and Budget Realities

Congress is in recess. The Daily Deduction will return to its regular schedule on Monday, September 8. Until then: We’ll see you every Monday morning.  Walgreen might be the only one who’s tired of talking about inversions. The Illinois-based drugstore chain plans to keep its tax base in the US after purchasing Alliance Boots. Show More Summary

Alleviating the middle-class squeeze

Republican politicians talk about “growth” and “tax reform.” Both parties talk about “jobs.” Instead, pols would be wise to start talking about take-home pay and the middle-class squeeze. Unemployment is high, but most voters have jobs. Growth is the precursor to jobs, but that’s an abstraction. “Tax reform” raises suspicions that the rich will get […]

Lib Dems are the only party of fair tax

We know how important it is to make your money go further, that’s why the Liberal Democrats are the only party of fair tax. The Tories are talking about a ‘flat tax’ system - where everyone pays the same rate of tax regardless of income – and Labour are talking about being in favour of a 15% […]

The Business: Wednesday July 30 2014

Company news, markets and financial talking points, available from 8am Monday to Friday DO TAPE RECORDINGS REVEAL TAX PLANS? Two tape recordings have emerged offering an insight into secret tax plans of the Conservatives and Labour.Show More Summary

Trying to talk with IRS can be taxing

3 weeks agoSports / Baseball : Dodgers Now

No one expects the federal government to be a model of efficiency. But with a projected deficit of nearly $600 billion this year, you'd think officials would do everything possible to help people pay their taxes.

POINTS & FIGURES: Corporate Tax Inversions and Politics. You want to talk “economic patriotism?”…

POINTS & FIGURES: Corporate Tax Inversions and Politics. You want to talk “economic patriotism?” Economic patriotism means not turning the US economy and government into an unAmerican slough of cronyism, graft, and redistribution. President Obama is an economically unpatriotic President.

Maryland infrastructure bill doesn’t hold up to scrutiny

By Roy T. Meyers | for Maryland Reporter. In Monday’s MarylandReporter.com story, U.S. Rep. John Delaney talked about his proposed “Partnership to Build America Act”–a bill that would allow U.S. corporations to avoid taxes when they repatriate profits that are now booked overseas, if they purchase bonds that would be used to build infrastructure. Delaney...

Poll: Carbon Tax Reused for Renewables Could Work for U.S. Voters

Australia's recent repeal of its carbon tax has everybody talking, but not as much as the University of Michigan researchers' latest poll results should be. The majority of those surveyed said they would support a carbon tax in the U.S. Show More Summary

Christine Milne taxes the warming truth

Why trust a word Greens leader Christine Milne says about the climate when she herself shows she’s talking hot air?

Carbon Pricing & Renewables, What Does It All Mean? (CleanTechnica/TalkSolar)

Matthew Stepp is nationally recognized for his work on energy and technology innovation. His current work is focused on carbon pricing. Join TalkSolar host Beth Bond,  as Beth and Matt talk carbon pricing, carbon taxes, fossil fuel subsidies and national policy versus local policy. Show More Summary

Swimming in Money

Income inequality matters less than wealth inequality, so why is everyone still talking about taxing your salary?

Trevor Ariza: NBA Champion, Tax Refugee

David Boaz Do some people think taxes don’t affect economic choices? If so, they should talk to Trevor Ariza and the Washington Wizards. Ariza, a member of the Los Angeles Lakers’ 2009 NBA championship team and “a key part of the Wizards’ playoff run,” has decided to leave Washington and join the Houston Rockets. Show More Summary

THAT’S OKAY, IT’S JUST THERE TO PROVIDE TALKING POINTS: Piketty’s Failure to Account for Tax Law Ch…

THAT’S OKAY, IT’S JUST THERE TO PROVIDE TALKING POINTS: Piketty’s Failure to Account for Tax Law Changes Makes His Wealth Inequality Claims Worthless.

The Business: Thursday July 10 2014

Company news, markets and financial talking points, available from 8am Monday to Friday BECKHAM TO RECEIVE NEW TAX DEMAND David Beckham is among the big names who will soon receive letters demanding payment of disputed tax bills, says the BBC. Show More Summary

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