Posts Tagged ‘federal taxes’

Feds Fund Food Junkthought


Tuesday January 2nd, 2018   •   Posted by K. Lloyd Billingsley at 8:50am PST   •   0 Comments

The “farm to fork” movement has brought farmers’ markets to the heart of urban areas and they have long been a hit in cities such as Davis, California. Those who patronize farmers markets might be surprised to learn that they are “white spaces,” in which the “habits of white people are normalized.” Farmers’ markets…
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Trump Tax Plan Ignores Basic Injustice


Thursday April 27th, 2017   •   Posted by K. Lloyd Billingsley at 9:43am PDT   •   0 Comments

President Trump’s new tax plan will cut seven tax brackets down to three, with rates of 10, 25 and 35 percent. The Trump plan also drops the top rate of taxation from 39.6 to 35 percent. The corporate income tax rate falls from 35 to 15 percent, and the estate tax is eliminated. Those…
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Boomers Beware SS BS


Tuesday December 27th, 2016   •   Posted by K. Lloyd Billingsley at 9:36am PST   •   0 Comments

Shortly before the holiday season, the Social Security Administration sent out an official letter titled “Important Information.” If you are now at the full retirement age of 66 or older, the letter says, “you may keep all of your benefits no matter how much you earn.” That kind of generosity is hard to top,…
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Tis the Season for Tax Sticker Shock Abuse


Tuesday December 6th, 2016   •   Posted by K. Lloyd Billingsley at 10:10am PST   •   1 Comment

Property tax bills showed up back in October in envelopes reading: TAX BILL – OPEN IMMEDIATELY. Note the light touch, sort of like “hand over the wallet, Jack!” This year, many taxpayers will have to dig deeper in their wallet, but not because California’s county governments are providing them more and better services. The…
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IRS Dishes Out $13-15 Billion in Improper Payments


Friday May 16th, 2014   •   Posted by K. Lloyd Billingsley at 7:04am PDT   •   4 Comments

Most Americans have completed their tax returns and may even have got back some of their own money. Now they should get out the government cost calculator again because as Kelly Cohen reports in the Washington Examiner, last year the IRS gave out between $13.3 billion and $15.6 billion in improper payments. That amounted…
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Mo’ Money: Government greed and the Rockefeller rule


Wednesday March 6th, 2013   •   Posted by K. Lloyd Billingsley at 2:20pm PST   •   3 Comments

Mark Trumbull of DC Decoder notes that, according to the Congressional Budget Office federal tax revenue will hit $2.7 trillion this year, a record that would surpass the $2.6 trillion in 2007, before the recession started. This strengthens the case of those who say the problem must be excessive government spending. But the $2.7…
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The Ever-Growing U.S. Tax Code


Saturday July 2nd, 2011   •   Posted by Craig Eyermann at 7:40am PDT   •   1 Comment

For a Fourth of July challenge, how many pages does it take for the CCH Standard Federal Tax Reporter to fully document the U.S. tax code as it stands in 2011? If you answered 72,536, you’re right. Note that we didn’t say “you win”!… If you’d like to get a jump on next year,…
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OneNewsNow.com Recommends the Government Cost Calculator


Thursday November 11th, 2010   •   Posted by David Theroux at 6:35pm PST   •   0 Comments

In an article at OneNewsNow.com, “I’m going to pay how much in taxes?”, Chris Woodward has recommended the Government Cost Calculator at MyGovCost.org: What is Washington’s spending costing you? A new website aims to answer that question. The website MyGovCost.org is an online calculator where taxpayers can learn what they will pay in taxes…
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