The Most Outrageous Tax Of The Year

It just may become the latest outrage during a year of outrages. At the precise moment when the federal government finally delivers a modicum of justice and some economic relief to millions of homeowners victimized by the nation's largest banks, the government threatens to beat those victims over the head with a punitive old favorite revenue raiser; a tax on forgiven debt.

Topics:  tax   year   government   
  • Your Friday Tax-Timing Guide
    So here’s how Friday is expected to go. Between 10 a.m. and noon, members of the House-Senate conference committee will be able to sign—or not sign—the conference committee’s report, said Rep. Kevin Brady (R., Texas), chairman of the conference ...
    12/14/2017 - 10:33 am | View Link
  • Stanley Druckenmiller calls hedge-fund loophole in tax reform 'outrageous'
    Stanley Druckenmiller isn't coming out of retirement, tax break or not. The GOP's proposed tax plan keeps the so-called carried-interest loophole that benefits managers of hedge funds and private equity funds. Druckenmiller, who retired from managing money ...
    12/14/2017 - 9:59 am | View Link
  • The Finance 202: Wall Street may not get absolutely everything it wants in GOP tax package
    The Capitol Dome is seen silhouetted by the rising sun. (AP Photo/Carolyn Kaster) Want more stories like this? Sign up here. Welcome to a high-anxiety Tax Christmas Eve for corporate interests, waking up primed to find out how many lumps of coal they'll be ...
    12/13/2017 - 11:20 pm | View Link
  • Pressure builds on GOP to reach final tax reform deal
    This is a rush transcript from "Journal Editorial Report," December 9, 2017. This copy may not be in its final form and may be updated. (BEGIN VIDEO CLIP) SEN. AL FRANKEN, D-MINN.: Today, I'm announcing that in the coming weeks, I will be resigning as a ...
    12/12/2017 - 2:32 am | View Link
  • Should We Have a Meat Tax?
    Call it the burger lover’s dilemma: we know deep down that it’s awful for the planet, but the beef patty tastes so damn good. Most of us still chow down. The U.S. Department of Agriculture says that the average American consumed 211 pounds of meat per ...
    12/11/2017 - 7:00 pm | View Link
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  • Druckenmiller calls hedge-fund loophole in tax reform ...
    Stanley Druckenmiller calls hedge-fund loophole in tax reform 'outrageous' Stanley Druckenmiller says the tax reform proposals make doctors and lawyers pay ...
    12/12/2017 - 6:07 pm | View Website
  • The most outrageous tax deductions of 2017 | Accounting Today
    There are a number of reasons taxpayers hire professionals to file their taxes – and one of the best is to prevent them from trying to claim truly ridiculous things ...
    12/4/2017 - 9:59 pm | View Website
  • America's Most Outrageous Tax Loopholes
    From rent-a-cow tax breaks to NASCAR write-offs, check out some of America's silliest tax loopholes.
    12/2/2017 - 10:58 pm | View Website
  • Letter to the Editor: Outrageous tax plan | The Dalles ...
    To the editor: Representative Walden and the House Republicans claim that their new tax bill will create “tax relief for the middle class.” However ...
    11/16/2017 - 6:45 pm | View Website
  • Trump’s Outrageous Tax Hoax | New Republic
    With tax reform next up on the agenda, how much will the president try to cut his own taxes? And why did he lie to Americans about his returns?
    08/2/2017 - 5:59 am | View Website
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