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   
  • Outrageous: Obama's Pentagon seeks return of bonuses given to California National Guard
    The citizen soldiers say the military is defaulting on agreements, and imposing hardships — which include interest charges, wage garnishments and tax liens if the bonuses are not repaid — on veterans who re-enlisted. “These bonuses were used to keep ...
    10/25/2016 - 4:58 am | View Link
    Goodwill Omaha CEO Frank McGree appeared before the Douglas County Board last May and successfully argued that the charity should continue to receive property tax exemptions on its Omaha thrift stores. But several members of the board now say they might ...
    10/24/2016 - 6:45 pm | View Link
  • The 5 Most Outrageous Hillary Clinton Lies From The Last Debate
    To review: Hillary Clinton said these words in this very order: “I’m not going to add a penny to the debt.” Even if Clinton could tax the wealthy at a 90 percent top marginal rate, and raise rates on corporations, and enacted every other trickle ...
    10/20/2016 - 5:21 am | View Link
  • Gareth Bale: Real Madrid superstar demanding outrageous £750,000-a-week to commit to his future at the Bernabeu
    Bale is currently earning £525,000-a-week pre-tax at the La Liga giants, after recently putting pen to paper on a six-year deal, but is clearly not happy with the massive figure. Keep up to date with ALL the Real Madrid news, gossip, transfers and goals ...
    10/14/2016 - 11:57 pm | View Link
  • The NFL says its 2014 tax bill would have been $0, and that’s not as outrageous as it seems
    Tuesday evening, a few hours after the NFL announced it was shedding its controversial tax-exempt status, a league spokesman sent The Washington Post an interesting email. If the NFL had filed taxes as a for-profit company last year, according to spokesman ...
    05/1/2015 - 9:05 am | View Link
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  • Research & Commentary | Tax Policy Center
    This paper updates an analysis of Hillary Clinton’s tax proposals, which would raise taxes on high-income taxpayers, increase the child tax credit, modify taxation ...
    10/21/2016 - 5:13 pm | View Website
  • Most Outrageous Tax Deductions of 2016
    The Minnesota Society of Certified Public Accountants recently surveyed its CPA members in public accounting on the most outrageous tax deductions clients tried to ...
    10/21/2016 - 11:30 am | View Website
  • Most Outrageous Government Waste | Thomas A. Schatz
    Mr. Schatz is president of Citizens Against Government Waste. Since my job is to be a watchdog on government waste, I’m often asked about the most outrageous cases.
    10/20/2016 - 11:59 am | View Website
  • "It's outrageous": CRA has double standard for tax cheats
    The Canada Revenue Agency claims at least nine people have been convicted of offshore tax evasion over the last two years, receiving $4 million in fines and 84 months ...
    06/26/2016 - 1:05 pm | View Website
  • Homeowners facing ‘outrageous’ increase after NDP raises ...
    Calgary homeowners are facing an “outrageous” property tax increase of nearly $170 on the average house after the provincial government raised its take of ...
    04/18/2016 - 2:39 am | View Website
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