Civic responsibility in the form of Jury Duty calls today so I will not be posting the traditional Tuesday Tid-Bits.
I did however see this interesting video at the NRCC website which defines a series which has recently been completed.
The NRCC recently sat down with several Members of Congress to ask them about the [...]
We should have had all our 1099R forms sent to us by January 31. Instead, our brokerage company decided since so many mutual funds have to be changed and corrected income taxes filed, they would send them out on February 15.
In the past we have lived off cash we have saved, but this year [...]
Do you earn $200,000 adjusted gross income and are married?
Do you live in a place like New York, Philadelphia, Boston, Los Angeles, Chicago or any other large city where the cost of living is high?
How far does that salary take you in those areas? Are you living in paradise or trying to save for [...]
According to this report the national deficit is declining despite having a war and housing crisis going on.
The Treasury Department said that the deficit through the first 11 months of this budget year totaled $274.4 billion, down 9.8 percent from the same period a year ago.
Analysts believe the deficit for all of 2007 will [...]
I’ve been hearing a lot from Congress and some presidential candidates that we need to undo the tax cuts of the Bush Administration to make things fair.
I have a proposal for all the millionaires and multi-millionaires in Congress and on the presidential trail. It’s quite simple, really.
When they publicly show they have returned their [...]
WOW!
The Blackstone Group the big buyout firm, has devised a way for its partners to effectively avoid paying taxes on $3.7 billion, the bulk of what it raised last month from selling shares to the public.
Although they will initially pay $553 million in taxes, the partners will get that back, and about $200 million more, [...]
Proof that tax cuts work.
The nation’s budget deficit will drop to $205 billion in the fiscal year that ends in September, less than half of what it was at its peak in 2004, according to new White House estimates.
Tax cuts give businesses and individuals more money, meaning more people can work and contribute [...]
If you want to know why gas is going so high contact your congressman and senators and ask them to sponsor a bill that would force stickers to be put on gas pumps showing how much of the money you are spending for a gallon of gas is going in taxes.
That should curl [...]
Mr. Novak tells it all.
In routine party-line votes last week, both houses of Congress completed action on a Democratic-crafted budget containing the biggest tax increase in U.S. history. That this was overlooked attests to the legerdemain of Sen. Kent Conrad, chairman of the Senate Budget Committee.
Conrad, a 59-year-old third-termer from Bismarck, N.D., is a monotone [...]
Democratic presidential candidate John Edwards is calling for higher taxes:
SAN DIEGO — Democratic presidential hopeful John Edwards said yesterday raising taxes for higher-income families back to their levels under the Clinton administration is a floor, not a ceiling, and he would consider even higher tax increases.
“What I believe is the starting [...]
This should warm the heart of every American:
The American Taxpayer Bill of Rights (pdf file)
Representative Jeb Hensarling(R-TX) should get credit for his attempt to get the ball rolling. Now will Congress run with it?
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