Posts Tagged ‘Tax Reform’

An Inconvenient Tax - New Documentary that Sheds Light on America’s Broken Tax Code

Friday, November 7th, 2008

Albert Einstein once wrote, “The hardest thing in the world to understand is the income tax.” The product of 95 years worth of additions, subtractions, deductions, and exclusions, it has become such a headache that many are calling for it to be drastically simplified or even removed all together.
With a looming fiscal crisis on the horizon, April 15th seems more like a scene from a B-Horror horror movie than a
[Read More]

Tags: , , , , ,
Posted in Tax news and tips | No Comments »

Obama’s Plans to Improve the State of the Economy Include Income Tax Increases that Fall Heavily on Small Businesses

Thursday, November 6th, 2008

With the current global downturn, it is clear that the new President-elect needs to have a plan to help struggling Americans and lift our nation’s distressed businesses out of a lagging economy.
President-elect Obama wants to raise taxes on income, capital gains and dividends for families earning more than $250,000 annually. (By the way, I’ve heard $200,000 and $140,000 as well throughout the campaign and by Vice President-elect Biden).
Under Obama’s tax
[Read More]

Tags: , , , ,
Posted in Tax news and tips | 3 Comments »