IRS Issues Rules on New Taxes Imposed by the Affordable Care Act The IRS released guidance implementing three new federal taxes under the Affordable Care Act beginning January 1, 2013: A proposed […]
Writing in the New York Times in favor of higher taxes on the “wealthy,” Warren Buffett says: The group’s (Forbes 400 most wealthy) average income in 2009 was $202 million — which […]
More revenue, more spending, more revenue, more spending … This is progress toward lowering the deficit?
As the debate rages on over the budget and deficit, many see raising taxes as the solution to reducing the deficit. But you have to wonder how that works, how do you […]
Demographics tell part of the story, the traditional minorities are headed to the majority, but perhaps not even the most significant part. In the recent election women bought into the war on […]
Beginning January 2013 the estate tax reverts to a tax of 55% on the value of your estate over $1,000,000. That’s what it was in 2001. If nothing else inflation alone has […]