Category: Taxes

Grotesquely extravagant public sector pensions are a Sword of Damocles hanging over the economy. The thread preventing this sword from coming down on our heads is starting to fray. In Pennsylvania, localities are jacking up taxes in a desperate attempt to meet their obligations. In Lancaster: Lancaster city taxpayers will see an increase in their […]

Liberals love to crow that conservatives only want tax cuts to “help out the rich.” This couldn’t be further from the truth. Conservatives want tax cuts because they help everybody by allowing them to keep more of their own money. This helps the small business owners so they can afford to hire more people, thus […]

That’s what USA Today is discussing Burger King is ruling a larger fast-food kingdom – and having to defend its move on social media. The U.S.-based restaurant chain made it official Tuesday announcing that it agreed to merge with the Canada-based Tim Hortons restaurant chain. The deal, valued at about $11 billion, will create the […]

In 2013, tax reform was given major support in the Senate by the Finance Committee and in the House by the Ways & Means Committee. But first, said the politicians, tax “extenders” that help big companies get research tax credits, equipment write-offs, etc. had to pass. For “certainty,” we were told. That argument, we now […]

Do as I say, not as I do (AP) The Internal Revenue Service has paid more than $2.8 million in bonuses to employees with recent disciplinary problems, including $1 million to workers who owed back taxes, a government investigator said Tuesday. More than 2,800 workers got bonuses despite facing a disciplinary action in the previous […]

Perhaps they should start with all the perks elected officials and federal employees are given, starting with any perks IRS workers receive (Fox News) In competitive job markets like Silicon Valley, companies are doing everything they can to entice the best and brightest — offering freebies that have become the stuff of legend. Employee perks […]

That’s right, campers, today is the last day to file your taxes. Have you done it? (CNS News) Taxpayers earning $100,000 or more a year pay 71.6% of the nation’s share in individual federal income taxes, according to the latest data from the Internal Revenue Service (IRS) from 2011. These data do not include corporate […]

Great news — we are only a couple weeks away from Tax Freedom Day: The day when the nation collectively has made enough money to pay its total tax burden for the year is three days later this year, according to a new report. According to a report released Monday by the Tax Foundation, this […]

For insight into the moral depravity of liberalism, consider this graph: Here’s the legend: Con = Conservative Party (Tories); Lab = Labour (equivalent to USA’s Democrat Party); Lib Dem = Liberal Democrat (not as left-wing as Labour); UKIP = UK Independence Party. Daniel Hannan provides some analysis: Sixty-nine per cent of Labour supporters would want […]