More Taxes Articles

  • Paul Ryan: Limit home mortgage deduction to the middle class

    Rep. Paul Ryan said in an interview on Monday that he favors limiting the home mortgage tax deduction to "middle income people" but opposes curbing deductions for contributions to charity.

  • Will losing Burger King make Americans care about corporate taxes?

    If any company could make Americans care about international corporate taxation, it might be Burger King.

  • The Obama bank shakedown

    The Bank of America settlement "highlights a pattern of the government extorting the banks," said a former Wells Fargo CEO, and he's absolutely right.

  • The White House hates tax inversions but won't criticize Burger King

    The White House resisted a chance Monday to denounce Burger King for potentially relocating its headquarters to Canada as part of a possible purchase of doughnut and coffee chain Tim Hortons, even though President Obama has repeatedly ripped such corporate moves.

  • Burger King seeking to acquire Tim Hortons and move headquarters to Canada

    Burger King would be one of the largest and most well-known companies to seek to leave the U.S. in a so-called corporate inversion, in which a U.S. company buys a smaller foreign company in a lower-tax jurisdiction and then places its headquarters in the foreign country to lower its tax bill.

  • Tax refunds may get hit due to health law credits

    WASHINGTON (AP) — Taxes? Who wants to think about taxes around Labor Day? But if you count on your tax refund and you're one of the millions getting tax credits to help pay health insurance premiums under President Barack Obama's law, it's not too early. Here's why: If your income for 2014 is...

  • New Jersey lawmakers may change inheritance tax

    TRENTON, N.J. (AP) — Lawmakers are looking into repealing New Jersey's inheritance tax and raising the threshold for paying an estate tax. The state is one of only two that taxes both now, according to The Record (http://bit.ly/1p4cfEn). The inheritance tax makes those other than the spouse,...

  • Ascension council agrees to new tax plan

    GONZALES, La. (AP) — The Ascension council has agreed to amend the way it collects sales tax revenues in portions of taxing districts annexed by municipalities, creating a small tax break for some shoppers. The Advocate reports (http://bit.ly/1ohJMuE ) the matter came to light after the recent...

  • SpaceX gets 10-year tax exemption for Texas site

    BROWNSVILLE, Texas (AP) — Cameron County commissioners have agreed to waive 10 years of county taxes as part of an agreement bringing the world's first commercial site for orbital rocket launches to the southernmost tip of Texas. The county's governing board on Thursday also approved a draft of...

  • Top tax expert: Companies moving abroad to please shareholders

    Companies aren't fleeing the United States because of a lack of tax competitiveness, a top tax expert says. They're leaving to use the trillions of dollars in cash they hold abroad to boost their stock prices.

  • Treasury looks to stop 'corporate deserters' on its own

    President Obama may not be able to stop "corporate deserters" from taking up legal residency in low-tax countries. But it appears that his Treasury Department will try to make the prospect of leaving the U.S. as unattractive as possible.

  • Nebraskan sentenced for not paying withholding

    OMAHA, Neb. (AP) — A 65-year-old Omaha businessman has been given six months behind bars and must pay restitution for failing to forward taxes he'd withheld from his employees' paychecks. Federal prosecutors say Randall Thompson must serve three years of supervised release after he leaves...

  • Maine House Speaker's bills address aging issues

    Maine's Democratic House speaker is outlining a series of policy proposals aimed at helping the state's rapidly aging population.

  • Short-term home rentals get Biloxi's attention

    BILOXI, Miss. (AP) — Biloxi officials say 160 property owners are advertising on the Internet to rent their homes and condos for a few days to a few weeks. Jerry Creel, community development director, tells The Sun Herald (http://bit.ly/1BBc79E) that most aren't licensed or aren't paying taxes...

  • Audit: 'Obamacare' tax not meeting revenue target

    WASHINGTON (AP) — An "Obamacare" tax on medical devices is falling short of its revenue target because thousands of companies aren't paying it, according to a government audit released Tuesday. The audit by the Treasury inspector general for tax administration says the IRS needs to do a better...



From the Weekly Standard

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    "Rooting out a cancer like ISIL won’t be easy and it won’t be quick,” President Obama told the American Legion’s annual convention in Charlotte on Tuesday, August 26. He repeated the thought in...

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  • No Mo’ Cuomo?

    Queens, N.Y. Peter Tu is thrilled about meeting with Rob Astorino, the Republican candidate for governor of New York. Tu is the executive director of the Flushing Chinese Business Association...

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  • Scotland the Brave

    If at first you don’t secede, try, try again. This might be the motto of Alex Salmond’s Scottish National party, which since 1934 has been advocating the proposition that Scotland should be an...

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