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   
ASK NEWS:
  • The Pigmen Win Again - LewRockwell.com
    ... more influence over government policies, laws, regulations, and tax codes? ... The most outrageous provision in the spending bill is Wall ...
    12/22/2014 - 3:15 pm | View Link
  • The Knives Come Out for Senators Cruz and Lee - Accuracy in Media
    ... should not only refrain from taking action on an outrageous abuse of ... legislation – a grab-bag of Washington special-interest tax breaks ...
    12/22/2014 - 5:30 am | View Link
  • Police warn about tax scam calls - Toronto Star Online
    30,000 due to “inconsistencies” in her previous years’ tax returns. ... want to talk about this, this is just too outrageous,’ ” she ...
    12/21/2014 - 9:43 am | View Link
  • STEPHEN MOORE: The coming pension meltdown - Washington Times
    For outrageous government scam of the year, it’s hard to compete with ... It’s becoming a tax hell.
    12/21/2014 - 5:44 am | View Link
  • Is Your Financial Advisor Wrecking Your Retirement? - Motley Fool
    Many financial advisors recommend investments with outrageous fees -- and ... who need assistance with complex estate planning, tax issues, and
    12/20/2014 - 2:08 pm | View Link
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YAHOO NEWS:
  • Workers protest: I have no regret, says FUOYE VC
    The Vice Chancellor of the Federal University, Oye Ekiti, Prof Isaac Asuzu, has accused the protesting workers of conspiring against him, saying they were being incited against him by a certain clique. Asuzu said all the actions taken by him since assumption of office two years ago were within the ambit of the law contrary...  [Read More...]
    12/21/2014 - 12:55 pm | View Link
  • Homestead repeal will cost most homeowners more than tax hike
    Luzerne County Council’s decision to repeal the homestead property tax exemption will cost the vast majority of homeowners significantly more than a proposed 4 percent property tax hike would have, according to numbers reviewed by The Citizens’ Voice, a T
    12/21/2014 - 4:01 am | View Link
  • Business speaks out against 95% vapor tax proposal
    SPOKANE, Wash. - Vapor products could be taxed 95 percent in Washington if Governor Jay Inslee's budget is approved. It's a number that local vapor shops are calling outrageous, but supporters say would level the playing field for taxing similar products.A similar vapor tax was proposed last year but was not approved. 
    12/19/2014 - 6:45 pm | View Link
  • Tax Reform On Steroids: A Progressive VAT To Appease Conservatives?
    A U.S. senator has introduced tax reform legislation that would fundamentally transform how Americans pay for the cost of government. The bill would slash the corporate rate in half and exempt most Americans from the income tax. And it would do all this without exploding the deficit. But there's a catch.
    12/19/2014 - 1:14 pm | View Link
  • Austerity, what austerity? Councillors are getting a secret pay bump this Christmas
    Despite all the austerity faced by local government, councillors were handed an unnoticed tax break in this year's autumn statement. It's outrageous – but who in Westminster is going to complain?
    12/17/2014 - 4:43 am | View Link
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BING NEWS:
  • Letter to the Editor: Special allowances claim is 'outrageous'
    Not so insignificant really. Also this is almost 20% of the net income to Epsom of the council tax rise for the year. So local ratepayers are having to pay an extra 2% again this year and almost 20% of this will be getting used for the eight RA party ...
    12/18/2014 - 1:38 am | View Link
  • A Costly and Outrageous Tax Break
    WASHINGTON — INDIVIDUAL taxpayers aren’t supposed to claim shady deductions on their taxes. But between 2008 and 2013, Congress allowed many business owners to do just that. This year congressional Republicans have tried to make this audacious ...
    12/1/2014 - 7:00 pm | View Link
  • Crikey! American tax grab is outrageous
    BORIS JOHNSON’S battle with the US tax authorities has highlighted a little-known trap that forces thousands of British residents born in America to pay tax on the other side of the Atlantic. In many cases, they have never worked in America, having moved ...
    11/29/2014 - 9:48 am | View Link
  • London’s Mayor Calls U.S. Capital-Gains Tax ‘Outrageous’
    Boris Johnson, London’s outspoken mayor who is tipped as a potential successor to British Prime Minister David Cameron, has picked a fight with an unlikely adversary: Uncle Sam. The American-born British politician has made headlines in the U.K. after ...
    11/21/2014 - 2:29 am | View Link
  • 5 Outrageous Ways Your Tax Dollars Are Being Wasted
    Do you think that the U.S. government wastes too much taxpayer money? If so, you are not alone. A recent Gallup poll shows that Americans view all levels of government as wasteful, but feel that the federal government is worst of all, squandering more than ...
    11/2/2014 - 11:01 am | View Link
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BING SEARCH:
  • TAX! Ten Weird Taxes You Probably Aren't Paying
    A lot of people around the world aren't happy about the taxes they are paying. This article looks on the bright side! Here are ten very odd, weird taxes you almost ...
    12/22/2014 - 4:31 am | View Website
  • Weird Tax Deductions
    You don't need to be an accountant or tax attorney to know that the Internal Revenue Service Code is complicated. Furthermore, the fact that most of the Code's rules ...
    12/22/2014 - 4:23 am | View Website
  • 10 Weird Tax Deductions Other People Got Away With ...
    These offbeat tax deductions worked at least once, although we can't guarantee they'll work again.
    12/22/2014 - 2:36 am | View Website
  • Weird Ways States Tax You (and Don't)-Kiplinger
    We've found ten of the strangest taxes and deductions from across the country.
    12/21/2014 - 9:11 am | View Website
  • Cutting that bagel will cost you: Weird state tax laws
    Cutting that bagel will cost you: Weird state tax laws. In uncertain economic times, states need tax revenue wherever it can be found. The blueberry tax?
    12/21/2014 - 8:06 am | View Website
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