More Taxes Articles

  • Time to scrap the mortgage interest deduction

    In the coming weeks, Americans will spend an average of 13 hours and $210 to prepare their federal taxes. Beyond the compliance burden the federal tax code imposes, it also distorts economic activity and discriminates against some taxpayers in favor of others. But one of its most egregiously...

  • North Carolina Gov. Pat McCrory, NC DOT secretary worried about road money

    McCrory told a North Carolina Chamber conference the state's transportation projects will be delayed if Congress fails to re-authorize a law expiring this fall.

  • Illinois Gov. Pat Quinn: Extending income tax hike is 'tough choice'

    Gov. Pat Quinn knows trying to make the state's temporary income tax increase permanent will be a "tough choice" for Illinois lawmakers, but that the issue could be even tougher for voters who'll decide if the Chicago Democrat gets another term.

  • New York lawmakers say budget talks progressing

    New York legislative leaders who met for hours behind closed doors Tuesday trying to finalize the state budget due next week came away saying they were making progress.

  • Illinois Gov. Pat Quinn ready to present state budget proposal

    Quinn is expected to stress his election-year theme of protecting the middle class as he presents a budget address Wednesday that political experts and lawmakers say could be his toughest yet.

  • IRS says bitcoin will be taxed like property

    WASHINGTON (AP) — Virtual currencies like bitcoin will be taxed like property — not currency, the Internal Revenue Service said Tuesday. The IRS says bitcoin is not legal tender. You can't use it to pay your taxes. However, if you receive wages in bitcoin, you have to pay taxes on it just...

  • Dem House candidate penalized for not paying taxes on time

    A Democratic Congressional candidate in California has been hit with a penalty after failing to pay all the taxes due on her Washington, D.C., apartment. Amanda Renteria, who is challenging incumbent GOP Rep. David Valadao, has outstanding taxes due on the D.C. row house she owns with her...

  • GOP candidate Kashkari proposes tax breaks

    SACRAMENTO, Calif. (AP) — A 10-year corporate tax credit for companies that move to California and create more than 100 new jobs, diverting nearly $10 billion in high-speed rail bond money to water storage projects and promoting fracking for oil and natural gas are among the policy proposals...

  • Pence signing Indiana business tax cuts into law

    INDIANAPOLIS (AP) — Republican Gov. Mike Pence is set to sign into law a package of Indiana business tax cuts approved by lawmakers earlier this month. The governor scheduled an event Tuesday in Greenwood to sign a bill cutting the state's corporate income tax and providing options for county...

  • What can IRS do to health plan scofflaws?

    The new health care law helps some people, hurts others and confuses almost everyone. Hoping to simplify things a bit, The Associated Press asked its Twitter, Facebook and Google Plus followers for their real-life questions about the program and the problems they're running into as the March 31...

  • Writing a budget might divide House Republicans

    Divisions among Republicans over a budget deal and a shortfall in tax estimates are complicating the House GOP's efforts to advance a spending plan this spring. Party leaders insist the GOP-controlled House is moving full speed ahead to approve one, but it has fallen behind schedule amid concerns...

  • Democratic candidates for Pa. governor eye taxes to ease wealth gap

    Under the banner of fairness and equality, the Democratic candidates for governor are proposing a grab bag of changes in Pennsylvania tax laws that would tap wealthy taxpayers and businesses to ease the economic pain of the middle class and the poor.

  • Business aviation isn't just a privilege for the rich

    For businesses, an aircraft is as much of a necessity as a computer. That's why when a company buys its own aircraft, it depreciates in the same way as other comparable business investments, including cars, trucks, bulldozers and computers.

  • Delaware House committee eyes proposed tax increase

    A state House committee is set to consider proposed tax increases that Gov. Jack Markell is counting on to help pay for his spending plan for the upcoming fiscal year.

  • Arkansas lawmakers to look at override, end session

    Arkansas lawmakers are returning to the state Capitol to formally end this year's session, but first are expected to consider whether to override Gov. Mike Beebe's veto of a $5 million tax exemption for natural gas drillers.



From the Weekly Standard

  • Kennedy’s Question

    We often think of the Constitution as a two-part document: first the original 1787 text, which primarily establishes the government’s structure; and then the amendments, which primarily set...

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  • Mitch McConnell, Judicial Activist

    "This is the best Supreme Court, if you’re interested in a free society and in the ability of Americans to participate in the political process with a minimum amount of government restrictions....

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  • Snatching Failure From Victory In Afghanistan

    Media reports suggest that President Obama is looking to declare victory and withdraw from Afghanistan, as he did from Iraq. The military commander in Afghanistan, General Joe Dunford, has said...

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