
Most companies in US avoid federal income taxes
• Associated PressTwo-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, according to a new report from Congress.
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Two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, according to a new report from Congress.
Actor Wesley Snipes must reimburse the government in prosecution costs for his tax conviction. A U.S. District Court Judge ruled the action film star must reimburse the government about $217,000. Snipes had objected to the cost.
A conversation of socialism and libertarianism, humanism and spirituality.
This small puppy is pissed and he wants his MONEY back!....Why would he want it back? Does he have the power to get it back?
Entered By: Forty Four O NineThe political vision of a summer gas tax holiday died a quick death in Congress, losing to a view that federal excise taxes on gasoline and diesel fuel will have to go up if they go anywhere. Lawmakers concluded with a prod from the constructi
Now in hiding, the former employee hacked into LBT's computers, downloaded account summaries and names, and turned them over to the IRS. Under existing rules, he stands to get a cut of all evaded taxes the IRS collects on.
The country's wealthiest people have relied on Swiss banks for privacy. All American holders of Swiss bank accounts at banking giant UBS could have their information turned over to the U.S. government as part of an effort to identify tax evaders.
Don Young [bridge to nowhere] received an award from each of the following groups: Americans for Tax Reform, American Shareholders Association, Alliance for Worker Freedom, and the 60 Plus Association.
The U.S. Attorney's Office filed a motion Thursday with the United States Court of Appeals for the Eleventh Circuit saying that it will appeal a U.S. district judge's May 22 decision allowing Snipes to remain free on bond while he appeals his
Hidden deep in Senator Christopher Dodd's 630-page Senate housing legislation is a sweeping provision that affects the privacy and operation of nearly all of America’s small businesses. Require the nation's payment systems to track, aggregate
Here's tax court case the government wishes you didn't hear about.The words “one dollar” is inscribed on both the coin and the paper, yet the paper dollar will only pay for about one quart of gasoline at today’s prices, while the silver dolla
By forming multinational investigative teams, the IRS and other tax collectors are cracking down on evaders and giving new meaning to globalization by Keith Epstein and Mark Scott Government authorities from Australia to the U.S. are hunting bi
The latest Rasmussen survey found that 62% of voters would prefer fewer government services with lower taxes. 29% disagrees and would rather have a bigger government with higher taxes. Ten percent (10%) are not sure [and most likely vote].
Conventional wisdom said he was wrong. The evidence said he was right. The government’s reaction to him said a whole lot more.
The House has approved sending states $15 billion to buy and fix up foreclosed properties. The vote Thursday was 239-188 to approve the bill, which most Republicans opposed. It would provide loans and grants to areas hit hardest by the housing crisis
Recently, Wesley Snipes was sentenced to three years in prison for not paying his taxes. He was acquitted of tax fraud and conspiracy charges, but convicted of three counts of the misdemeanor charge of failure to file tax returns. I´ve read and heard
Snipes was acquitted in February of five additional charges, including felony tax fraud and conspiracy. Snipes was sentenced to three years to make an example of the action star. One year for each misdemeanor of 'failure to file' found guilt
Tax policy in this country hurts taxpayers twice – once when they pay taxes, and then when the government spends the money. To add insult to injury, after collecting this money the government does some very detrimental things to the economy.
What Are Taxes? by Tibor R. Machan In the April 15th edition of The New York Times Richard Conniff suggests that what the government collects from us each year on or about this date be called "dues" instead of "taxes" ("A
Somebody was clever. (image) (h/t Dave)
Red Planet Cartoons takes advantage of Tax Day to highlight some of the advantages of the Fair Tax.
As predicted, MSM failed to broadcast the news….here it is, straight from DC….sorry the audio in the first portion is muffled….I attempted to add the text portions as best as I could hear …More footage to come, I was in a hurry to get this one of Ron
Knowing that you can purchase gasoline at a retail price today lower than your wholesale cost in six months, and that "taxes" collected on the sale of stocks purchased during the tax holiday go in your pocket, what do you do?
GOP Presidential Candidate Ron Paul on taxes, eliminating the IRS and the 2008 presidential election.
Politicians are constantly making the claim that they just can't do with a penny less of your money, while they force you to make do with less and less all the time (and then they have the nerve to call you "greedy" if you object). They
Entered By: Powell GammillSen. McCain called on Congress to suspend the 18.4 cent federal gas tax and 24.4 cent diesel tax from Memorial Day at the end of May to Labor Day at the beginning of September. And to stop filling the Strategic Petroleum Reserve which is driving up t
The study's findings stand in sharp contrast to the tough talk coming out of the IRS in recent years. Suggests the agency is shifting its focus away from big corporations to small companies, private partnerships and other private entities
“If every member of Congress voted like Representative Paul, Americans could enjoy much lower taxes and less waste in government,” stated the NTU President. ”Overburdened taxpayers across the nation owe Mr. Paul a debt of gratitude for his hard work
The purpose of this initiative is to reaffirm and reinvigorate the Tax Division’s commitment to investigate, pursue and, where appropriate, prosecute those who take concrete action to defy and deny the fundamental validity of the tax laws.
Harry Reid is the U.S. Senate Majority Leader. You can see a clip from an interview with Reid in which the topic turns to taxes. You really should see it, because you won’t believe it from the transcript alone: