Tag Archives: Government

The Dead Cat Gets Passed Again: Congress Announces AMT “Patch”

Posted on 22. Dec, 2007 by .

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The House Democrats yielded to Senate Republicans on Wednesday by approving a last-minute one-year “patch” that will save nearly 23 million American taxpayers from owing the alternative minimum tax (AMT) when they file their tax returns April 15. Although the break is welcome, it is a little late – leaving taxpayers just a few days […]

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Should Congress Enact a War Tax?

Posted on 01. Nov, 2007 by .

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Top Democrats are proposing a “war surtax” to pay for the war in Iraq. Although plenty of Democrats and Republicans are opposed to the plan, it’s an interesting idea. The surtax would be a percentage of your tax bill, and if you don’t like the cost, then shut down the war. It’s a backhanded way […]

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Is Today the Beginning of the End for Social Security?

Posted on 16. Oct, 2007 by .

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Does anyone know who this woman is, or why she is so special? This woman, Kathleen Casey-Kirschling, filed for early retirement Monday, becoming the first baby boomer to start collecting Social Security. Born one second after midnight in January 1946, the retired teacher leads the way for as many as 80 million individuals who will […]

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America’s Budget Crisis

Posted on 07. Oct, 2007 by .

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A friend of mine recently recommended listening to the Commonwealth Club of California’s podcast. The Commonwealth Club is the nation’s oldest and largest public affairs forum, bringing together its more than 18,000 members for over 400 annual events on topics ranging across politics, culture, society and the economy. The most recent podcast was entitled America’s […]

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Who’s Watching Your Tax Dollars?

Posted on 04. Jul, 2007 by .

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You’ve undoubtedly heard me talk about how minimizing taxes can be one of the easiest ways to save money. However, I usually only talk about how you can save money on your personal income tax returns. Another way in which you can save EVERYONE money is by helping the federal government save money. Helping Uncle […]

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