Tax Law

WashPost: New Va. Laws Make State ‘Less Hospitable’ But New Md. Tax Hikes Merely ‘Noticeable’ – News Busters

July 1 is traditionally the day when many new state laws take effect, and every year on or about that date, the Washington Post makes sure to inform its readers of some new laws hitting the books in Maryland and … Continue reading

Romney camp complicates GOP’s health care tax message – msnbc.com

Democrats have preferred, instead, to call it a “penalty” rather than a tax, parrying Republicans’ attacks by using language presumptive GOP presidential nominee Mitt Romney has used in defense of his own similar health reform law in Massachusetts.

Romney adviser breaks from GOP message, says mandate is not a tax – Washington Post

An adviser to former Massachusetts governor Mitt Romney went off-message on MSNBC Monday, arguing that the health-care mandate in the Affordable Care Act is not a tax. “The governor disagreed with the ruling of the court, he agreed with the … Continue reading

CPI: ALEC, the power behind legislation, faces tax complaint from clergy group – msnbc.com

A prominent tax attorney has accused an organization of state lawmakers … ALEC has attracted attention recently for its model “stand your ground” and voter ID laws which led major corporate backers like Coca Cola and Kraft Foods Inc …

ALEC, the power behind legislation, faces tax complaint from clergy group – msnbc.com

A prominent tax attorney has accused an organization of state lawmakers … ALEC has attracted attention recently for its model “stand your ground” and voter ID laws which led major corporate backers like Coca Cola and Kraft Foods Inc …

A ‘tax’ by any other name smells just as foul to GOP – Washington Times

The Supreme Court may call it a tax and Republicans may call it a tax, but Democrats insisted Sunday that the fee for noncompliance with the Affordable Care Act bears no resemblance to the T-word. White House Chief of Staff … Continue reading

IRA Financial Group Believes New Investment Tax Triggered by President Obama’s … – YAHOO!

When the Supreme Court affirmed the President Obama’s health care law on Thursday, June 28, 2012, most Americans were not aware that a new tax, which Congress passed in 2010, will significantly impact the net investment income of most joint … Continue reading

Maryland law changes, tax hikes take effect – Delaware Wave

ANNAPOLIS — Maryland residents who earn more than $100,000 annually will pay more income taxes and many will pay higher fees to flush their toilets under new laws taking effect this weekend. Under the income-tax law, single taxpayers with an … Continue reading

Super Tax the Super PACs – Huffington Post

Unbelievable, isn’t it? These Super PACs are no doubt businesses but the contributions are not taxable because they are considered “gifts” under federal tax law. C’mon, a gift is a bouquet of flowers or a tie, not $2 million with … Continue reading

Congress considers letting Bush tax cuts expire – Chicago Tribune

The risk of shaking the markets is always there. But they could mitigate that by telegraphing to voters and Wall Street in advance that they definitely intend to write some new tax cuts into law. It could take a couple … Continue reading