Pages

Thursday, September 20, 2012

Taxes

Econ Comments & Analysis                                                                                            
Washington Times | Your looming tax hike
Every American’s paycheck will be smaller on Jan. 1 — the only question is by how much. The payroll-tax break put in place two years ago will expire Dec. 31, and no one in Washington wants to extend it again. On top of this, all income tax rates will rise unless Congress and President Obama act.
Forbes | The Bush Tax Rates Are Too High To Move This Boulder
Economies are like huge boulders. Once an economy is at a standstill, it is like a massive boulder at rest. To start that boulder rolling again, it takes an enormous amount of force.

Blogs                                                                                                                             
FOX Business | Taxpayers Finally Picking Up Obama's 4-Year Tab
How many times have you heard somebody say Congress should do something about this or that problem? Maybe you've even said it yourself.
Tax Foundation | Some Nonpayers Do Pay Income Tax
I wanted to follow up on my previous post about different ways to define a "nonpayer" with some data from the IRS.