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The inside story of how the Republicans abandoned the poor and the middle class to pursue their relentless agenda of tax cuts for the wealthiest one percent
By Tim Dickinson (Rolling Stone Magazine)
The nation is still recovering from a crushing recession that sent unemployment hovering above nine percent for two straight years. The president, mindful of soaring deficits, is pushing bold action to shore up the nation's balance sheet. Cloaking himself in the language of class warfare, he calls on a hostile Congress to end wasteful tax breaks for the rich. "We're going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share," he thunders to a crowd in Georgia. Such tax loopholes, he adds, "sometimes made it possible for millionaires to pay nothing, while a bus driver was paying 10 percent of his salary – and that's crazy."
Preacherlike, the president draws the crowd into a call-and-response. "Do you think the millionaire ought to pay more in taxes than the bus driver," he demands, "or less?"
The crowd, sounding every bit like the protesters from Occupy Wall Street, roars back: "MORE!"
The year was 1985. The president was Ronald Wilson Reagan.
Today's Republican Party may revere Reagan as the patron saint of low taxation. But the party of Reagan – which understood that higher taxes on the rich are sometimes required to cure ruinous deficits – is dead and gone. Instead, the modern GOP has undergone a radical transformation, reorganizing itself around a grotesque proposition: that the wealthy should grow wealthier still, whatever the consequences for the rest of us.
Modern-day Republicans have become, quite simply, the Party of the One Percent – the Party of the Rich.
Read the remainder of the article...........
source: www.rollingstone.com/politics/news/how-the-gop-became-the...
New approaches to taxation published.
Income tax in Scotland should protect low earners, be progressive, proportionate to the ability to the pay and support the economy, the First Minister has said.
The comments coincide with the publication of a discussion paper examining the role of income tax in Scotland’s budget.
My tiny little effort at being ironic. I doubt that they'll get it. You need to have read about Thoreau's night in jail for refusing to pay some form of taxation he had been assessed. His refusal was a protest against the Mexican American war.
New approaches to taxation published.
Income tax in Scotland should protect low earners, be progressive, proportionate to the ability to the pay and support the economy, the First Minister has said.
The comments coincide with the publication of a discussion paper examining the role of income tax in Scotland’s budget.
This image is excerpted from a U.S. GAO report: www.gao.gov/products/GAO-14-453
PARTNERSHIPS AND S CORPORATIONS: IRS Needs to Improve Information to Address Tax Noncompliance
Because the K-1 database does not have complete K-1 data, the extent of tiering presented in this figure represents a minimum
amount, and entity counts are approximate. Percentages for S corporations do not sum to 100 percent due to rounding.
Library of Congress illustration from the magazine Puck of a moral argument against income tax (the caption is amusing and highly accurate).
Ah yeah, my tax return! Just in time too as my unemployment checks were running dangerously low! This will keep me in Ramen for weeks!
This image is excerpted from a U.S. GAO report: www.gao.gov/products/GAO-14-453
PARTNERSHIPS AND S CORPORATIONS: IRS Needs to Improve Information to Address Tax Noncompliance
Notes: Because the K-1 database does not have complete K
-1 data, the extent of tiering presented in this figure represents a minimum amount, and entity counts are approximate. Averages for numbers of entities include both flow-through entities and ultimate owners.
New approaches to taxation published.
Income tax in Scotland should protect low earners, be progressive, proportionate to the ability to the pay and support the economy, the First Minister has said.
The comments coincide with the publication of a discussion paper examining the role of income tax in Scotland’s budget.
Some of the staff in front of the Income Tax Dept. Office, on Campbell Street, Belleville, Ontario. The Corby Library building on Pinnacle Street is visible in the background.
3 R.C.M.P. officers are standing behind the office staff.
From left: Muriel Hurst, Rita Stevens (looking over head of) jean Fargey, Sylva Ross, Marjorie Quinn, Jean Payne, Stella Cournyea
As the financial year nears its end,every individual needs to submit his Income Tax statement on or before March 31.There are certain deductions and exemptions notified by the Government which you can avail to get the tax relief.For salaried class,they have to submit it in the month of February...
tradethetechnicals.com/tax-saving-tips/how-to-calculate-y...
Macro style shot of a monopoly car taken against a backdrop I created using other iconic monopoly items.
(Feel free to comment, any feedback is welcome)
©2013HannahBennett
Figure 6: A Simple Network and a Multitiered Network
This image is excerpted from a U.S. GAO report: www.gao.gov/products/GAO-14-453
PARTNERSHIPS AND S CORPORATIONS: IRS Needs to Improve Information to Address Tax Noncompliance
This image is excerpted from a U.S. GAO report: www.gao.gov/products/GAO-14-453
PARTNERSHIPS AND S CORPORATIONS: IRS Needs to Improve Information to Address Tax Noncompliance
The numerator is the sum of all amounts underreported minus the sum of all amounts overreported on an item, such as income allocated from partnerships and S corporations. The denominator is the sum of the absolute values of the amounts that should have been reported on that item. Absolute values are used for the denominator to prevent negative income amounts from canceling out positive income amounts.
This image is excerpted from a U.S. GAO report: www.gao.gov/products/GAO-14-453
PARTNERSHIPS AND S CORPORATIONS: IRS Needs to Improve Information to Address Tax Noncompliance
Note: Numbers may not match up precisely due to rounding
The folks at Liberty Tax Service station some dude to stand out at the curb and lazily wave at the passing motorists and hope that will convince you to use their tax service. This guy was in Smyrna. There was a guy in Antioch that took this job seriously and would dance around and crawl on top of his car. I never had my camera when I saw that guy.
It is time, once again, for me and my fellow Americans to carve off a piece of our yearly earnings for the government. I hope the cut was not too deep this year, my Flickr friends. I'm glad it's over. The check is in the mail, dear Uncle. Until next year...
© 2012 A L Christensen
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RDP: Okay, guys...I'm going to need some time for quiet while I figure out these tax forms.
Trunko: We'll helpers you with that! We're experts at taxing people!
Babo: You betters! And I can see that we're going to likers this tax former!
Peaco: Yeppers--This formers is asking us about a "Third Party!" Did we miss out on the firster two parties?
RDP: Argh! And I can't even claim these guys as dependants, either!!!
Have a HUM
#2 of 52/2 March 25 2013
And remember to file your taxer forms!
Income tax preparation and returns filing are a legal duty of every taxpayer. No matter if you are a senior citizen or earning a few thousand dollars per year. There is no exemption available whatsoever in any case.
Hit the fave button if you don't mind!
Bill Caskie
Los Angeles, CA, 90066
(310) 398-3700
Having difficulties preparing your tax return? Missed the filing deadline? Do not worry, we can help you! Bill Caskie is a professional tax service company, based in Los Angeles, CA.
Tax Return, Tax Preparation Service, Income Tax, Tax Company, Tax Return Service
Tax Service, Income Tax Return, Income Tax Preparation, Tax Preparation, Income Tax Service
I would NOT want to be audited!!!
I guess the IRS really does check the tax forms that are sent to them because I was informed that I had made an error & the IRS would be returning some of the $$$ that I had mailed in for taxes owed.
Wow, ever hear of that???
Today is Income Tax filing day - April 15. In my "former life" I couldn't wait for this day to be over. I still do a few taxes, so I look forward to the end of the rush.
Al-Hadeed Consultants
Corporate | Financial | Consultancy
AHC is an independent corporate finance and advisory service provider to listed and privately held corporate, institutions and entrepreneurs. It is highly active in the field. AHC team has focused on integrating traditional corporate finance and corporate legal skills, with the objective of providing clients with a one-stop advisory service of the highest caliber. Today, being AHC's client allows a company convenient access to a substantial knowledge base across various disciplines and strong resource support from team.
•Corporate Advisory
•IPR Registration & Protection
•Financial & accounting Services
•Corporate Taxation
•Legal Consultancy
•Risk Consulting
We value your business and look forward to serve you in the future. Please don't hesitate to get in touch regarding questions you may have. I and my staff look forward to hear from you soon.
Thanks for your time and attention.
Al-Hadeed Consultants
alhadeedcon@gmail.com
Tel: +92-51-4438128
Fax: +92-51-4434353
Cell: +92-333-5401721
Finance Minister Colin Hansen pours 1,478 loonies into a jar to demonstrate the savings that a family of four with an annual income of $30,000 will realize this year as a result of personal income tax cuts and the new BC HST credit.
Senator Cathy Osten was joined by her Senate colleagues and fellow veterans to unveil a plan to provide a major tax break for retired veterans by providing a 100 percent exemption from the state income tax for federally taxable military retirement pay. (February 17, 2015)
June 4, 2010
Comprehensive Tax Seminar Participants
Some companies who attended:
CEMS General Merchandising
Office of the City Engineer Antipolo City
Matrix Community & Management Advisors Inc.
Samsung Electronics Philippines Mfg. Corp.
Supreme Court of the Philippines
Syngenta Philippines Inc.
Joel got his income tax prepared today. The guy that did it was so slow and methodical. He had to readjust his chair several times during the simple EZ form. We laughed hysterically!
yea #SocialDistancing sucks, but if you're with the one you love, in a place you love (that also has Low #PropertyTaxes & No #PersonalIncomeTax) it sucks less ! StevenZimmerman.Realtor
Feb. 3rd is the anniversary of the day the music died, on two counts.
On February 3, 1959, a small-plane crash near Clear Lake, Iowa, United States killed Buddy Holly, Ritchie Valens, and J. P. "The Big Bopper" Richardson, as well as the pilot, Roger Peterson.
The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.
50mm f/1.4, f/4.5, 1/2500s, +0.7 EV, ISO 100
Uncle Sam The Tax Man, Kalamazoo, MI.
This man was generous enough to let me photograph him for about 5 minutes as he worked the street encouraging last minute filers. For me, it was another step towards approaching random strangers for an impromptu photo session.
Worked on this shot quite a bit in order to: bring out details, darken and cool the color pallete, and clone out an annoying telephone poll.
project 365: 106|365
Image is © Kurt VanderScheer and cannot be used or displayed without permission.