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   
BING NEWS:
  • Tax History Matters: A Q&A with Professor Andrew Kahrl, Author of ‘The Black Tax’
    Years of Theft, Exploitation, and Dispossession in America, Professor Andrew Kahrl walks readers through the history of the property tax system and its structural defects that have led to widespread ...
    04/24/2024 - 3:19 am | View Link
  • Inheritance Tax is All The Buzz. Calculation & Implications: Explained
    US has a fairly simple inheritance tax system. On the other hand India no longer imposes inheritance tax, which was removed in 1985 during the Rajiv Gandhi administration. Despite having good ...
    04/23/2024 - 8:26 pm | View Link
  • Opinion: The bipartisan tax bill contains a critical fix to spur American innovation
    We have heard numerous stories of desperation — entrepreneurs forced to take out emergency loans, remortgage their homes, plead with investors for additional capital, lay off essential staff or ...
    04/23/2024 - 11:30 am | View Link
  • What The End Of Chevron Deference May Mean For Tax
    Frank Agostino of Agostino & Associates discusses two pending Supreme Court cases, their potential effects on the Chevron doctrine, and their implications for the tax world.
    04/23/2024 - 9:30 am | View Link
  • Are the Flat Tax Folks Winning…or Have They Already Won?
    What makes an income tax “fair”? Right-wing lawmakers the nation over have a ready answer. To be fair, they tell us, an income tax needs to be “flat.” ...
    04/22/2024 - 6:57 pm | View Link
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