Tax Law

SPIN METER: When ‘tax’ is a 4-letter word – North County Times

So when the Supreme Court ruled that the penalty for not obtaining health insurance is constitutional because it works like a tax, politicians began squirming over what to call that Thing in President Barack Obama’s health care law. The problem … Continue reading

The most important tax increase in ‘Obamacare’ – Washington Post

Is the Affordable Care Act really “the largest tax increase in the history of the world,” as Rush Limbaugh so grandiloquently put it? No. It’s not even the largest tax increase in the history of this country. Or of the … Continue reading

Gibbs to Romney: Come Clean with Tax Records – NewsMax.com

Robert Gibbs, senior adviser to President Barack Obama, questioned whether Mitt Romney is complying with U.S. tax laws in regard to the Republican candidate’s holdings in other countries, specifically Bermuda. Gibbs, appearing Sunday on CNN …

Editorial: Health care tax in context – Herald Tribune

The U.S. Supreme Court’s ruling that the Affordable Care Act’s “individual mandate” is a tax gives opponents of health care reform a new rallying cry. Faced with the court-imposed reality that the ACA is constitutional, the critics — including …

IRS to police health care law – St. Louis Post-Dispatch

WASHINGTON • The Supreme Court’s decision to uphold most of President Barack Obama’s health care law will come home to roost for most taxpayers in about 2½ years, when they’ll have to start providing proof on their tax returns that … Continue reading

Yacht owners enjoying a huge perk — tax breaks – Seattle Post Intelligencer

Law allows wealthy to write off pricey purchases in several ways One grateful local yacht owner calls it a federal subsidy: Several tax dodges, ranging from perfectly legal to dubious, are helping wealthy owners keep their big pleasure boats on … Continue reading

Robert Gibbs: ‘Nobody knows’ if Romney is breaking tax laws – Raw Story

Obama campaign adviser Robert Gibbs sees a pattern in GOP hopeful Romney’s past of “outsourcing jobs” and offshoring his own personal investments — and the only way for the former Massachusetts governor to prove that he isn’t dodging …

The tax man cometh to police you on health care – San Jose Mercury News

WASHINGTON—The Supreme Court’s decision to uphold most of President Barack Obama’s health care law will come home to roost for most taxpayers in about 2 1/2 years, when they’ll have to start providing proof on their tax returns that they … Continue reading

The tax man cometh to police you on health care – Marketplace.publicradio.org

WASHINGTON (AP) — The Supreme Court’s decision to uphold most of President Barack Obama’s health care law will come home to roost for most taxpayers in about two-and-a-half years, when they’ll have to start providing proof on their tax returns … Continue reading

Arizona sales-tax initiative is a mess – AZCentral.com

Before an initiative is circulated, state law requires filling out a form provided by the Secretary of State’s Office, including a copy of the initiative. The sales-tax advocates gave the Secretary of State’s Office two versions of the …