Contents Pages by Subject

TAXES: Federal

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CNN

Americans are ditching their U.S. passports in record numbers, a sign of growing frustration with a system that taxes U.S. citizens on their global wealth whether they live in Montana or Mongolia. The latest bold-faced names to relinquish their U.

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Forbes

The IRS already gets a piece where you swap one product or service for another, as the IRS explains at its Bartering Tax Center. Soon the IRS may have a Bitcoin Center too. The Treasury unit, the Financial Crimes Enforcement Network,

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Reuters

In a move resembling a recent IRS inquiry into Americans with Swiss bank accounts, the Justice Department said a court order would let the IRS serve a 'John Doe' summons seeking records of FCIB's U.S. correspondent account at Wells Fargo & Co.

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The Weekly Standard

Congress is preparing to take action on a bipartisan proposal to raise taxes on flu vaccines. This is not a tax on the wealthy, but rather on a broad swath of Americans, or at least those who choose to be immunized against the flu.

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Free Press Publications

It is once again “tax time,” that time of year when the IRS claims tax forms are due. There are some people who say that based on the wording of the IRS code the average worker is not required to file a tax return. Some of those people have even gone

News Link • Global Reported By Darryl W. Perry
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Wall Street Journal

President Barack Obama and first lady Michelle Obama paid $112,214 in federal income taxes for 2012 on adjusted gross income of $608,611, an effective rate of 18.4%, the White House said.

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Congratulations – your tax payment is probably your biggest purchase of the year. The federal tax burden now amounts to more than $20,000 per household, according to Internal Revenue Service data. Your contribution to the Treasury coffers will...

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Lew Rockwell blog

House Speaker John Boehner said yesterday "his party would never agree to any tax increases, even in exchange for the entitlement reform they've been calling on the president to embrace." Of course the Republicans will.

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French politicians of all political stripes began disclosing their assets publicly in the wake of a tax-evasion scandal that has rocked the government of President Hollande and reinforced widely held perceptions in France that leaders are corrupt.

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Lewrockwell.com

In 1981, David A. Stockman, a former Michigan congressman turned budget director for President Ronald Reagan, gave a series of interviews to socialist William Greider who subsequently published an article in The Atlantic.

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http://www.telegraph.co.uk, By AFP

France will lose its best footballers due to President François Hollande’s “crazy” 75 per cent tax on millionaire earners, the country’s football league warned on Tuesday, after a failed attempt by leading players to avoid the levy.

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Lewrockwell.com

Over the last few years, I’ve helped dozens of U.S. citizens and permanent residents (“green card” holders) give up their U.S. nationality or residence status. This is called Expatriation.