Tax Law

Eric Holder Dubs Texas Voter ID Law a ‘Poll Tax’ – YAHOO!

Attorney General Eric Holder went off script today to say that voter ID laws like one being implemented in Texas are “poll taxes,” equating the requirement that voters show a state-issued photo ID in order to cast ballots to the … Continue reading

How ‘massive’ is Obama’s tax cut/tax increase? – Washington Post

In an election-year gambit, President Obama has once again called for extending the Bush era tax cuts for people making less than $250,000, while letting them lapse for wealthier Americans. The proposal has virtually no chance of becoming law …

Tax avoidance is not the American way – MaddowBlog

But today one of Romney’s allies stood up for him, arguing that even if Romney was trying to circumvent American tax laws, what’s so bad about that? Mitt Romney shouldn’t be criticized for using off-shore tax havens because “it’s really … Continue reading

Ruling poses tax issues for same-sex couples – Marketwatch

Jones ruled that the Defense of Marriage Act is unconstitutional. That wasn’t just a social statement. It heralds a powerful change in tax procedure, as well. On the basis of that ruling, all legally performed marriages, even those between …

Introducing the Religious Freedom Tax Repeal Act – Article.nationalreview.com

In the House of Representatives today, Tennessee congresswoman Diane Black and Wisconsin congressman James Sensenbrenner, two Protestant lawmakers, are introducing the Religious Freedom Tax Repeal Act, seeking to repeal the fine on faith the Oba …

Tax liens allow investors to acquire homes for as little as $400 – Denver Post

But tax debts as small as $400 can cause people to lose their homes because of arcane laws and misinformation among consumers, says John Rao, the report’s author and an attorney with NCLC. The rules for property tax sales can … Continue reading

To Tax Rich, Democrats Say They’ll Push Fight to Fiscal Cliff – Businessweek

“Policy makers should not make budget decisions with long- term consequences based on an erroneous belief: that the economy will immediately plunge into a recession early next year if the tax and spending changes required under current law …

Cannabis Tax Act sparks Nov. debate – World Link

PORTLAND — Supporters of an initiative to allow the sale and production of marijuana and hemp throughout the state say they have more than enough signatures to make it on November’s ballot. One of the chief petitioners of Oregon’s Cannabis … Continue reading

Democratic leaders praise Obamacare ruling but won’t call mandate a tax [VIDEO] – YAHOO!

Democratic leaders in Congress who praised the Supreme Court for upholding the health care law — by ruling that the individual mandate is constitutional as a tax — refused to call the mandate a tax when questioned by The Daily … Continue reading

Elders losing homes to tax lien sales while investors reap big profits, study says – The Business Journal

Outdated state laws that allow municipalities to sell homes through tax lien foreclosure are fueling a second nationwide foreclosure crisis, according to a report from the National Consumer Law Center (NCLC). “Homeowners nationwide, particularly elderly …