Read Our Lips: No New Net Taxes Likely
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Death and taxes are certain, a wise man once said. But in cyberspace, taxes are no sure thing, and federal lawmakers are considering several bills that would continue a nearly decade-long moratorium that blocks the 50 states from imposing their own taxes on internet access.
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President George W. Bush on Thursday ruled out raising payroll taxes to help pay for Social Security reform, a transition experts have estimated will cost $1 trillion to $2 trillion.
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Unless Congress acts soon to prevent a special "millionaires" tax from hitting middle-income families, as many as 50 million taxpayers, or 37 percent of the total, will face an unexpected tax increase, a delay in receiving refunds or a delay in having their tax return processed.
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Taxpayers, walk away from the gift wrap and pick up your pencils. You have less than a month to strategize your way out of the alternative minimum tax for 2006.
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Will portions of the overhaul have an impact on your taxes?
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I haven't made up my mind on the subject of private accounts for Social Security. Unlike the Bush administration, I prefer to study the facts before leaping to conclusions. (For contrast, see the war in Iraq.)
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NO HIKE: President Bush ruled out raising taxes to finance an overhaul of Social Security to help the system survive an impending wave of retiring baby boomers.
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Many large corporations paid no federal corporate income taxes during at least one of the last three years. Many others -- including two of Indiana&#39;s largest companies -- were
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The big kahuna of tax is the federal return, but that doesn't mean you can ignore the state return.
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Politics has made year-end tax planning problematic. Although tax policy is fixed for 2004, it&#39;s been difficult to strategize into the future without knowing who the president would be through 2008.
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Record deficits are threatening our economy and future generations, but neither Bush nor Kerry are addressing that reality. Election seasons rarely produce much honest talk about budgets and taxes, but the
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President Bush on Thursday ruled out  raising payroll taxes to help pay for Social Security reform, a  transition experts have estimated will cost $1 trillion to $2  trillion.
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President Bush on Thursday ruled out raising taxes to finance the centerpiece of his second-term domestic agenda: a Social Security overhaul to help the system survive an impending wave of retiring baby boomers.
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There's no question that our tax code causes a lot of confusion. But don't let confusion or misinformation from others lead to an audit or cause you to miss out on a deduction.
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A few thoughts on the earnings warning.
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The looming political battle over  how to reform the tangled U.S. income tax code could get ugly.  But one option, a tax aimed at boosting savings, holds promise.
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Having heard the blather or ranting about Red vs. Blue states for some time, I decided that I could check the curious general claim that "Red states are beneficiaries of tax revenue".  Having obtained the data here about year-by-year comparisons of the states, I obtained some results for 2004.  My intent is to identify trends without much partisan bias (BTW, I'm a Nader voter) in an American viewpoint that's not so much grey, but purple.