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Tax

So This is What Happened to Our Stimulus Payment
2008-06-21 16:03:00
Original post on The Sun’s Financial Diary So This is What Happened to Our Stimulus Payment When we received our economic stimulus payment of $201.10 last Friday, we didn’t know what went wrong because the note from IRS said we should get $383.95, and I was actually expecting another check. Now, a week later, I guess I can ...
Barack Obama: ?I will be the Democratic nominee?
2008-06-04 05:33:00
Well, Barack Obama has given a speech, claiming victory as the Democratic nominee.  Well, I’ve got news Barack, it really “isn’t over until the lady in the pants suit says so.”  Why?  Because the lady has a whole host of hit men who have done some pretty good work before (ok, maybe they did work for her ...
Hillary Clinton: ?Rich people, God bless us. We deserve all the??
2008-05-02 02:57:00
Yesterday Hillary Clinton had an interview with FOX’s Bill O’Reilly.  Clinton was talking about taxes on the wealthy, and what started off as a comment with good intentions (I think she did have good intentions) turned somewhat sour, ?And you know what?rich people?God bless us.  We deserve all the?opportunities to make sure our country and our blessings continue to the next ...
Wesley Snipes Got Three Years In Prison
2008-04-25 00:46:00
WESLEY SNIPES just got b*tchslapped with a three year prison sentence for tax-evasion [Website - TheLostGirl?s Blog]. Sources report that he does not have to surrender right away… I am not a legal bod, but I am guessing that means he can do a PARIS HILTON and hand himself in when he feels like it? SNIPES ...
A Look at the Michigan Ballot for 2008: Proposals: Marijuana, Stem Cells, t
2008-04-23 18:46:00
Originally, I was just going to do this in one blog post, but I realized that my views on one proposal alone are going to be incredibly long, so today, I am just going to introduce the proposals that might be on the ballot this November.  The following document was put out by the Secretary of ...
John McCain Lays Out his Economic Agenda
2008-04-16 04:34:00
Here’s a transcript from Senator McCain’s speech at Carnegie Mellon University in Pittsburg, earlier today.  Here’s a transcript.  I’ve added links to videos at the bottom: Thank you. I appreciate the hospitality of the Allegheny Business Conference… the Pittsburgh Tech Council… and the students and faculty of Carnegie Mellon University. We have a strong showing this ...
NYT?s Editor Richard Conniff Calls To Abolish Taxes
2008-04-16 03:01:00
New York Times Op-Ed contributor Richard Conniff wrote a piece where he calls for us to abolish all taxes; his method for accomplishing this is to change the word “taxes” to “dues”. Conniff writes that this would take a page from the conservative play book where words are changed to reframe the debate. He cites ...
By: Webloggin
TurboTax Server Slow
2008-04-15 05:55:00
Image via WikipediaYes, I waited until the last minute - almost. I am trying to submit my taxes via TurboTax and just got the following message: The Intuit Electronic Filing Center is experiencing unusually heavy demand and is unable to accept returns at this time. It’s not necessary to contact Customer Service or Technical ...
EuroCham calls for transparent tax system, greater use of euro
2008-04-09 12:51:00
Taxation, free trade, illegal strikes and the use of the euro were the major issues addressed by the European Chamber of Commerce in Viet Nam (EuroCham) yesterday. While there were improvements in 2007, more is required to make Viet Nam?s tax system compatible with international practice, in particular allowing... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
PIT calculation method on securities transfer
2008-04-09 02:32:00
The decree guiding the implementation of Law on personal income tax (PIT) has been drafted already and is now under the seeking of opinion, accordingly taxable earnings from securities transfers will be subject to 29% of total earnings from each business. PIT on securities earnings is calculated by transfer price... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Chicago's Bottled Water Tax Confounds Liberals. . .
2008-04-04 18:20:00
Liberals confused as their plan to raise revenues from higher taxes on bottled water fails. From the Chicago Sun Times: Are Chicagoans trekking to the suburbs to buy cases of bottled water -- and avoid a new nickel-a-container tax that adds $1.20 to the price of a 24-pack? Or are they making the switch to tap water to save money? One or the other is happening. Maybe both. Revenues from... Click the Headline Link to Visit Copious Dissent and Read the Full Story.
Actually, You?re Taxing Our Intelligence
2008-04-02 16:50:00
[From Digital Daily] John Paczkowski Back in 2000-2001, when the Recording Industry Association of America was still trying to recover from its CD price-fixing scheme with poorly reasoned justifications for CD price inflation (”Listen, if CD prices were governed by the Consumer Price Index, you’d be paying $33.86 for them instead of $12.75!”), a little company ...
George Harrison Wrote About Obama
2008-03-29 15:24:00
‘Taxman’ was when I first realised that even though we had started earning money, we were actually giving most of it away in taxes. It was and still is typical. - George Harrison The Beatles (a famous musical group for those of you too young) had a song about the Taxman. When George Harrison wrote that ...
By: Webloggin
Tax For South Africans Explained
2008-03-25 09:21:00
Let’s put tax cuts in terms everyone can understand. Suppose that every day, ten men go out for beer and the bill for all ten comes to R100. If they paid their bill the way we pay our taxes, it would go something like this: The first four men (the poorest) would pay nothing. The fifth would pay R1. The ...
By: ZA Vibes
Tax policies make difficulties for investment funds
2008-03-11 11:43:00
While the State Securities Commission (SSC) is trying to encourage the establishment of professional institutions in order to drive the stock market towards the sustainable development, the tax policies only encourages individual investors. Dang Thi Hong Phuong, General Director of Saigon Securities Fund Management... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Free TurboTax Deluxe Federal Plus State 2007 Software
2008-02-11 05:48:00
Get your free TurboTax Deluxe Federal + State 2007 Software by simple taking the survey
Get TurboTax 2007 Online Standard, Deluxe For Free
2008-02-07 14:00:00
It’s time to prepare your tax return for 2007. I believe a lot of people will buy a copy of TurboTax or TaxAct from retailers like Staples, WalMart or other places. Hereby I’d like to provide an amazing deal to get a free TurboTax Basic or Deluxe. (I got this deal from slickdeals.net. Credit goes ...
Facts about the escrow account
2008-02-04 20:25:00
Every year thousands of people make big purchases on their homes. These new homes come equipped with all the latest amenities like granite counters, new appliances, the fresh smell of paint and new carpet. Borrowers are very excited to move to their new furnished home. It?s that home for which they have worked so hard ...
What kind of taxes must be paid?
2008-01-22 19:15:00
Have you started a new business and are puzzled about tacking your taxes? Go through some of the tips here to know the basic idea on what taxes needs to be paid and how to pay them. All taxes are paid differently and it all depends upon the legal status of your individual business. Sole ...
Home Owners Insurance Tax Deduction up to $50
2008-01-18 05:00:00
By Earnest Young Before Congress went on recess for the holidays, it passed a new tax break for middle-income taxpayers who plan to purchase a home in 2007. The tax break, neatly sandwiched in an omnibus tax bill, allow new homeowners to claim a deduction on their mortgage insurance premiums. Many home buyers cannot afford to make ...
The Fair Tax Is Nonsense. . .
2008-01-16 20:56:00
Mike Huckabee's support of the Fair Tax demonstrates a total lack of understanding of reality and economics. Basically, Fair Tax proponents, including this site's Devil's Advocate, want a 23% sales tax to replace every type of government tax. This would replace the income, corporate, social security and Medicare taxes. They even cover their tracks by giving everyone a "prebate" to cover taxes up... Click the Headline Link to Visit Copious Dissent and Read the Full Story.
What questions to ask an attorney before finalizing him!
2008-01-16 20:23:00
These questions will vary as per your case. Go through these points and know how to get started. What are your areas of specialization? What is the cost of the initial consultation? Have you handled cases like mine before? How many? What was the outcome? Will you be the ...
Regulators look for moves to kick start stock market
2008-01-10 12:53:00
The Government confirmed yesterday that no capital gains tax on securities trading will be implemented prior to the January 1, 2009, effective date of the new Law on Personal Income Tax. The announcement was widely seen as intended to boost... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Government orders halt to share trading tax
2008-01-10 02:05:00
The Office of the Government on December 28 released the Official Letter No 1306/VPCP-KTTH requiring the Ministry of Finance to delay the issue of decree on tax applied on securities transference of individual investors. Nguyen Son, head of State... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Underestimating the Power of the FairTax
2008-01-04 19:41:00
While everyone is talking about evangelicals who voted for Mike Huckabee, almost nobody is talking about the FairTax. Well, after I saw Mike Huckabee on the Jay Leno show, I was ready to call the Iowa Caucus for him at midnight; next time I will stick to my convictions. What I saw was something I thought I would never see in my lifetime. Mike Huckabee walked on to the Jay Leno show to mediocre... Click the Headline Link to Visit Copious Dissent and Read the Full Story.
2008 Election: Presidential Endorsement
2008-01-01 22:09:00
Part IV: My 2008 Presidential Candidate Endorsement. I’ve hinted at it before, but I now make my endorsement official.  The person that I am endorsing is…Mitt Romney. Now, why? I am hard core pro-life.  Period.  If you aren’t pro-life, I won’t be voting for you. I oppose privileges for homosexuals.  Privileges are not the same as rights.  Marriage the ...
Now Pay More for BBMP Sanction for your building Plan
2008-01-01 06:47:00
The BBMP has resorted to an almost tenfold increase in the building licence fee, ground rent and charges to obtain certified copies of the plan. The new rates were approved by BBMP Administrator Dilip Rau on November 17 and came into effect on December...(read more)
MSM Fail to Understand the FairTax before Reporting about It
2007-12-24 19:23:00
For full disclosure, I am a huge proponent of the FairTax, but I am not sure whether Mike Huckabee would be a good President. Nevertheless, I am so sick of ignorant liberal journalists reporting about the FairTax and having no clue what the heck they are talking about. It has gotten to the point where people can objectively turn to bloggers if they want to be informed rather than the MSM. In... Click the Headline Link to Visit Copious Dissent and Read the Full Story.
Sakrama scheme puts BBMP on the edge
2007-12-22 16:21:00
In what could be another relief for property owners in Bangalore, Bruhat Bangalore Mahanagara Palike (BBMP) is planning to put on hold the collection of improvement charges. Reason: The controversy surrounding the Sakrama scheme. Realising, rather late–especially...(read more)
Iowa December 12 Republican Debate
2007-12-12 22:09:00
Here’s my ratings of the Debate in Iowa today… Paul - By far the winner in my mind. Romney - Slipped up at the beginning arguing with Fred, but he let it go, but had a great debate other than that. Huckabee - A good debate overall. Tancredo - A good overall debate McCain - A good debate, probably tied ...
Large Family and Baby Tax to Offset Carbon Emissions
2007-12-11 17:46:00
An article in an Adelaide newspaper by an obstetrician is rather worrying. He has proposed a tax on children and large families to offset carbon emissions. A WEST Australian medical expert wants families to pay a $5000-plus “baby levy” at birth and an annual carbon tax of up to $800 a child. Writing in today’s Medical Journal of ...
Securities minefield for law
2007-12-04 04:29:00
Enforcing the recently passed Personal Income Tax Law will face a number of obstacles if applied to securities trading. Nguyen Thi Cuc, a member of the law's drafting panel, said that tax collection... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Capital inflows to brake following new taxes
2007-11-29 04:57:00
Capital inflows into Vietnam will remain strong next year, but will eventually slow down due to the forthcoming capital gains taxes on property and equity transactions, according to a report by the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Sharp revision in guidance value in Bangalore rural
2007-11-24 16:21:00
With the boom in the real estate business in Bangalore Rural and the newly created Ramanagara districts, the Department of Registration and Stamps has notified upward revision of property guidance values in these districts for the year 2007-08. The revision...(read more)
BBMP issues guidelines for khata
2007-11-24 16:15:00
Following queries by people on the process of obtaining khata or transferring it, Bruhat Bangalore Mahanagara Palike (BBMP) has issued a set of guidelines to be followed by citizens while applying for khata certificates. BBMP Commissioner S. Subramanya...(read more)
Brokers, investors worry about new stock market rules
2007-11-24 13:16:00
Approval high for making bank accounts compulsory for securities trading and capital gains tax, but reservations too. New regulations requiring opening of bank accounts for stock market investors... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Securities investors want income tax reevaluated
2007-11-23 11:36:00
Securities investors are not happy with the PIT Law, the securities trading tax approved by the National Assembly is 20%, and while 5% lower than the draft law, they are saying it is too high and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
How will the stock market perform after PIT law?
2007-11-22 12:17:00
Many securities investors have voiced concern that the personal income tax (PIT) law ratified by the National Assembly, which says that capital gains from stock investments will be subject to a 20%... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Capital gains tax on securities draws fire
2007-11-22 12:15:00
The National Assembly on Tuesday approved the Law on Personal Income Tax, which will tax capital gains on securities trading at 20%; a compromise on the 25-per-cent rate originally included in the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
The Maryland Tax Rape Plan
2007-11-19 22:00:00
The legislature of Maryland wrapped up the Special Session called by Governor O’Malley and the result is going to be very painful to Maryland residents. For the past three weeks the legislature has been mulling over how to screw the citizens of this state out of their hard earned money and they finally succeeded at ...
By: Webloggin
Paul: The True Cost of Taxing and Spending
2007-11-19 19:55:00
Congressman Charlie Rangel recently unveiled a tax plan that Republicans estimate would raise taxes by $3.5 trillion over 10 years. Democrats questioned the math. Now, the Democrats on the Joint Economic Committee have released a report on the total costs of the military operations in Iraq and Afghanistan , including "hidden costs" such as interest on the money we're borrowing, and long term healthcare for vets. The bill comes to $3.5 trillion. Republicans are, of course, questioning the math on this item. One thing taxpayers know is taxing and spending is expensive, and government cost estimates tend to be on the conservative side relative to the actual bills. However extracted and spent $3.5 trillion is an unimaginable extra burden on our economy. If $3.5 trillion is the true cost of these military adventures, $11,500 is the amount every man, woman and child in this country pays. So, a family of four would pay $46,000 just for this war. This is an especially painful numb...
Capital Value-based System (CVS) condemned by former mayors
2007-11-19 15:29:00
Condemning the decision of Bruhat Bangalore Mahanagara Palike (BBMP) to introduce the Capital Value-based System (CVS) of property tax in the city from April 2008, two former Congress Mayors on Thursday demanded that the existing system of calculating...(read more)
Why Have the Tax Cuts Been So Bad?
2007-11-01 17:30:00
Each of the front-running Democratic candidates has promised to raise taxes, to remedy the ?disastrous? tax cuts that President Bush put into place. What I?ve somehow missed from them, though, is any explanation about why the tax cuts are so disastrous. I?m not saying the Dems don?t have an explanation. I?m just ...
By: Webloggin
So??What?s Stopping Warren Buffett?
2007-10-31 15:33:00
Warren Buffett, the billionaire who has not yet found a way to enjoy his wealth, complains that he does not pay enough income taxes and states that he pays less than his employees who make far less money. Buffett indicated that he does not have accountants, (I find that hard to believe), and that he ...
By: Webloggin
More Democrat ?Fairness?
2007-10-25 15:29:00
Charlie Rangel has introduced a new tax scheme to extort more money from people making what he considers to be rich people money. The tax increase would offset a reduction in the taxes that corporations pay and it would increase the earned income tax credit. Rangel?s ?fair? plan would charge a surtax of 4% on ...
By: Webloggin
Property owners in Bangalore City will have to switch over to the new metho
2007-10-25 11:22:00
Property owners in Bangalore City will have to switch over to the new method of property tax assessment — Capital Value based assessment System (CVS) — from the next financial year (from April 1, 2008) instead of the existing Annual Rentable...(read more)
Pay double tax on violations in your Property-Sakrama 2007
2007-10-21 13:30:00
The ambitious Sakrama — building regularisation scheme — may have come as a breather for owners of buildings with violations. But till it gets off the ground and cases are settled, the BBMP has decided to milch the cow. With the Capital Value...(read more)
Taxing elections
2007-10-17 16:02:00
It is almost amusing that every time an election rolls about, the government promises substantial tax cuts. I wonder whether, if elections were held every year, we'd pay no tax at all. Wouldn't that be an attractive prospect? Perhaps not. If Oliver Wendell Holmes was right to say that taxes are what we pay for ...
Capital Gains Tax Exemption
2007-10-15 19:55:00
If you are thinking about selling your house but are concerned about the capital gains tax you may have to pay on profit made from sale then there is some good news for you. You might not have to pay any tax on the profit made if certain conditions are fulfilled. In the following sections we ...
Maryland Wants to be a Progressive (Tax) State
2007-07-23 13:40:00
The state of Maryland has a flat tax rate in that everyone pays the same tax rate on any income over $3000. The flat tax rate for the state has been in effect for some time with the only fluctuation being in local taxes, a measure from long ago that sucks more money from the ...
By: Webloggin
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