Expiring tax breaks
Unfortunately, it is much more likely that the DemonRats in DC will let Bush’s tax cuts expire, resulting in huge tax increases for everyone.
Prospects of Tax Hikes In the Near Future?
Democratic Tax Dissent. Not everyone wants the Bush tax rates to expire. – The ridiculous use of the expiration date for the Bush tax cuts is still a ticking time bomb that will result in a humongous tax increase if they are not extended or made permanent by our imperial rulers in DC.
Voting for Higher Taxes. The real takeaway from Oregon’s recent referendum. – Proving once again that the Left Coast isn’t just California in regard to supporting suicidal Marxist policies.
Santa Harry’s Sleigh Full of New Health Taxes – Another look at some of the new taxes we will have to cope with thanks to our new socialized health care system.
Comprehensive List of Tax Hikes in Reid-Obama Health Bill UPDATED – As always, much more work for us in the tax profession.
The Highest Tax Increases Ever. State and local governments demand that their residents shut up and pay up during a recession. – An interesting look at some of the recent State tax hikes.
Tax the Rich? How's That Working? – Idiotic politicians always assume that they can just continue to financially rape the people with the money and they will just stand still and allow it to happen. While that worked for Roman Polanski, who was able to prevent his 13 year old victim from leaving by drugging her up, more and more wealthy people are taking actions to stop it, such as leaving the high tax states. How hard is it for the mental midgets in power to understand the concept that five percent of billions of dollars will result in a lot more revenue than ten percent of nothing?
Mrs. Pelosi's VAT. The Speaker floats a middle-class tax hike. – It looks like we may have missed our opportunity to enact something like the FairTax national sales tax to replace the current income and payroll taxes. Our rulers in DC want to have it in addition to all of the taxes we currently have and the hundreds of new ones the insatiable spendaholics in DC are cooking up. The analogy of Queen Nancy’s vat as a witch’s cauldron of poison does seem to fit on several levels.
Pretending a Tax Isn't
Classic trick by politicians; to label a tax increase as something else (fee, service charge, license, insurance) so they can pretend to not be a tax hiker. Bottom line is the exact same as a tax; so for those of us living in the real world, things are getting more expenseive.
That wasn’t anything new. What was new was the fact that former Clinton operative, George “Steffy” Stephanopoulos actually had the cojones to disagree with 0Bambi on this issue. He is obviously a racist.
Higher Taxes Are Coming. Are You Prepared? – A short look at some of the upcoming tax hikes we will all be facing. There are also some ideas on why and how some people may want to intentionally recognize income earlier than normal in order to get the taxes out of the way at their currently lower rates than the much higher rates that will be here in future years. 0Bambi’s stated desire to make long term capital gains rates higher as part of his Marxist definition of “fairness” create a number of tax planning opportunities.
Taxes too high? You ain't seen nothing yet. - A quick look at many of the very expensive tax increases on the horizon for just about everyone. As always, this means much more work for those of us in the business of helping clients minimize their taxes.
Geithner Won’t Rule Out New Taxes for Middle Class – Just one more reminder that not only the super evil rich are in the cross-hairs of the DemonRats to have more of their money confiscated for the greater good.
Class Warfare Tax Policy
Taxing Cow Farts
As many of us have been warning, the real agenda behind the Global Warming scam is to deprive people of their private property and to raise taxes, such as this actual proposal. Wait until you see the IRS forms for reporting these and the auditors who will have to verify their accuracy.
National Sales Tax?
Unfortunately, unlike the Fair Tax proposal, this would be in addition to all of the taxes we already have; not in place of them.
Small Businesses Brace for Tax Battle - Not exactly news; but a good reminder that there will be more need for our services than ever; at least for those of us who are "unpatriotic" according to Joe Biden and believe in helping clients structure things to legally minimize their tax bites.