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Stories Tagged With Taxes

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8 Pikks

Obama wants billions more in energy tax credits, do you?

President Obama will call Friday morning for Congress to pass $5 billion in energy manufacturing tax credits, according to a White House official.
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1 comment (last by bowlofsoup)
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FAIR

FOUL

5 Pikks

'Tan tax' discussions include allegations of reverse racism

The complaint surfaced on reader comment boards to blogs and news Web sites back in December, when it became clear that the levy -- a 10 percent surcharge on the use of ultraviolet tanning beds -- was likely to be included in the new health-care overhaul bill. Since then, it's been repeated by conservative commentators such as Rush Limbaugh and Doc Thompson, a fill-in host for Glenn Beck who intoned in March, "I now know the pain of racism."
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6 comments (last by cjr)
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14 Pikks

Cigarette Tax Increased to Keep New York Running

ALBANY — New Yorkers who like to smoke will have to dig a little deeper to light up next month, after the Legislature passed a bill on Monday that will give the state the highest cigarette taxes in the country.
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2 comments (last by bowlofsoup)
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FOUL

8 Pikks

IRS wants a cut of online sales on eBay, Craigslist

But if you're a frequent or big-time seller, the government might consider your proceeds to be income and could come after you for taxes. Andrea Fabiana Orellana learned that lesson the hard way. The Internal Revenue Service claimed Orellana hadn't reported more than $41,000 of income from about 1,800 eBay sales of designer clothes, shoes and other items during 2004 and 2005 and said she owed nearly $15,000 in taxes and penalties.
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8 Pikks

Using aerial imaging to assess and collect taxes

Images are accurate to 1/100th of an inch and evaluators can measure lot lines within the system. "I can get the full square footage without ever leaving my desk," Mescolotto said. "We can easily find additional tax revenue." Prior to having the system in place, some properties were too hidden by fences or too insulated by other properties for evaluators to reach. Billboards and power substations were especially difficult to properly assess. If they could get to them at all, evaluators would often have to walk through yards, sometimes past snarling dogs.
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1 comment (last by bowlofsoup)
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6 Pikks

'Cash for Caulkers' program offers rebates for green homeowners

The House approved a new economic stimulus bill Thursday that could lead to thousands of dollars in "Cash for Caulkers" rebates for homeowners who renovate their homes with better insulation and energy-saving windows and doors.
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4 comments (last by kapauldo)
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4 Pikks

Would a stock transactions tax dampen speculative bubbles?

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A stock transactions tax bill is floating around congress, it proposes to tax stock transactions in hopes of raising revenue and damping speculation. Would it work?
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2 comments (last by randyc)
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4 Pikks

Taxpayer-funded snacks nixed for monitors

Slow news day in Austin. Was it right to ban use of tax money for snacks?
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2 comments (last by bowlofsoup)
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6 Pikks

Obama Pays $1.8 Mil in Taxes

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That's a lot of dough.
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1 comment (last by bowlofsoup)
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7 Pikks

Washington will collect $18K, spend $31K per household this year

The remaining $13,130 represents this year's staggering budget deficit per household, which, along with all prior government debt, will be dumped in the laps of our children.
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2 comments (last by bowlofsoup)
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9 Pikks

Should corporations be allowed to pay no income taxes?

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When conservatives complain about the skyrocketing U.S. deficits and national debt, they often overlook the fact that many large corporations are avoiding paying any income taxes to our federal government, which would go a long way toward alleviating the problem.
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7 Pikks

Was Thursday's plane crash an act of terrorism?

Investigators say Andrew Joseph Stack crashed his plane into a federal building in North Austin Thursday morning, killing one person and injuring 13 others. Some call his actions domestic terrorism. Others refer to it as a criminal act.
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