Let’s start with the obvious. Those IRS employees who singled out conservative groups for scrutiny over their tax-exempt status were wrong, wrong, wrong. Any whiff of politics at the agency is unacceptable, and this is far more than a whiff. In time, we shall see how far up the agency food chain the scandal goes.
But this unsavory …
Online giant eBay is leading the charge against legislation that would require sales tax to be collected on Internet sales. The mandate would be an unfair burden on small businesses, eBay says. And yet who are among the bill’s strongest supporters? Yep, small businesses.
A surprising number of taxpayers actually enjoy filling out their tax forms, according to new research. Here’s why.
New IRA limits target the wealthy. But this may be just the start of a raid on America’s nest eggs.
Think about it: A tax refund is just that — a refund of your own hard-earned money. It’s not a gift or a stroke of good fortune. The problem is that most people don’t look at tax refunds this way.
Many of the costs faced by typical American households are rising faster than the official inflation statistics indicate.
Why is it that government officials seem inspired to reach the heights of creativity coming up with new taxes? Who knows. But their efforts could mean you’ll be paying new taxes on everything from bicycles to bowling, 2-by-4s to marijuana.
History shows that there’s no right way to raise income taxes – but generally it’s smarter to eliminate preferences, deductions and loopholes rather than jacking up rates.
Saving is hard enough. The payroll tax hike will cost the average worker $700, tempting you to cut saving instead of spending. Look out.
Nissan’s Leaf has a long way to go to expand beyond its status as a niche commuter car. Sales have been underwhelming, even with cheap lease offers, leading some to declare the Leaf an overpriced, impractical flop. Will this …
The average fuel economy of new vehicles rose 6% in 2012, and cars are expected to use less and less gas going forward. Isn’t that a good thing?
The economy is likely to keep improving, but slow growth could develop into chronic stagnation.