Tag archive for ‘tax loopholes’
By Kaye Wonderhouse On Wednesday, November 20th, 2013
1 Comment

Missouri governor uses Executive Order to authorize homosexuals to file joint tax returns

The governor of Missouri issued an executive order allowing gay couples who are ‘married’ in other states to file joint tax returns. A Nov. 19 spells out the decision by Democrat governor Jay Nixon who signed More...

By Brandon Jones On Tuesday, October 29th, 2013

Google dodges billions in taxes with Bermuda tax haven, being investigated by British authorities

The UK tax authority has indicated it is investigating Google over its tax affairs following evidence from a whistleblower who claims British taxpayers are being ”cheated” by the company. Photo/donkeyhotey donkeyhotey.wordpress.com Former More...

By Brandon Jones On Wednesday, October 2nd, 2013

Al Sharpton responds to question on Obamacare problems, just ‘opt out’

The state-run health exchanges mandated by the legislation took effect October 1 and people are concerned about some of the problems. A caller from Georgia spoke with Al Sharpton on his MSNBC show (h/t for audio, More...

By Brandon Jones On Thursday, August 29th, 2013

US government working with Switzerland to target tax shelters and cheaters

The US government and Switzerland have reached an agreement that could expose Americans who have used Swiss banks to avoid paying taxes. The agreement Wednesday will allow Swiss banks to settle any potential US More...

By Brandon Jones On Wednesday, June 26th, 2013

President Obama to turn to Executive Orders to get new climate change rules in place

President Obama laid out his comprehensive plan to reduce carbon pollution, prepare our country for the impacts of climate change, and lead global efforts to fight it. His Tuesday speech While the President once More...

By Brandon Jones On Monday, June 24th, 2013
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IRS issues $46 million refund to thousands of ‘unauthorized workers’ at Atlanta address

the Internal Revenue Service sent a total of $46,378,040 in refunds to “unauthorized” workers at one address in Atlanta, Ga., according to a report from the Treasury Inspector General for Tax Administration. Brought More...

By Brandon Jones On Sunday, June 2nd, 2013

‘Captain America The Winter Soldier’ director notes ‘tax break’ to film in Cleveland, shows Hollywood’s hypocrisy?

Tax hikes appear to dominate headlines from Washington, yet Hollywood seems to leverage and demand “tax breaks” to get productions off the ground in different cities. While many vocal Hollywood stars More...

By Brandon Jones On Thursday, April 11th, 2013

Obama budget taxes wealthy, cuts Social Security and Medicare while adding new stimulus

President Barack Obama on Wednesday unveiled a budget that would cut entitlement programs, tax the wealthy and reduce the U.S. budget deficit by nearly $2 trillion while funneling new money to education and infrastructure More...

By Brandon Jones On Wednesday, April 10th, 2013
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French President Francois Hollande calls for end to all tax havens worldwide

French President Francois Hollande has called for the ‘eradication’ of tax havens in a bid to fight fraud and corruption. photo donkeyhotey donkeyhotey.wordpress.com He was speaking after presenting More...

By Butter Bracco On Tuesday, April 2nd, 2013
1 Comment

Jeffrey Charles jailed, Freddie Wilson investigated, Rashia Wilson awaits trial as IRS tax fraud makes headlines

A Virginia man was sentenced on Monday to three years, 10 months in federal prison for tax fraud. Jeffrey Charles was convicted by a federal jury in Newport for filing a false tax return and three counts of assisting More...

By Brandon Jones On Tuesday, February 19th, 2013

Facebook earns billions in profit for 2012, set to receive $429 million tax refund

Bloomberg is reporting that Facebook has managed to earn a billion-dollar profit for 2012 and expect a tax refund of $429 million. Photo/donkeyhotey donkeyhotey.wordpress.com According to an analysis by Citizens More...

By Brandon Jones On Friday, January 4th, 2013

Details of fiscal cliff deal reveal special loopholes for Hollywood, banks, insurance companies and race track owners

Now that President Obama signed of on the “Fiscal Cliff” tax deal, many of the details are surfacing. Friday analysis revealed more than 50 tax breaks tied to lobbyists, special interests or big businesses. Photo/donkeyhotey More...

By Brandon Jones On Thursday, January 3rd, 2013

New analysis shows 77% of households will pay more taxes after fiscal cliff deal

The fiscal cliff bill’s impact would be far-reaching for American taxpayers, and particularly painful for very high-income households, according to a new analysis. photo 401(K) 2012 via Flickr About 77% of American More...

By Brandon Jones On Wednesday, January 2nd, 2013

Fiscal cliff deal includes added tax deductions for Hollywood film productions

Hollywood studios enjoyed their best year ever at domestic box offices in 2012, but lawmakers in Washington gave movie and TV investors need a sweet tax deduction to keep the cameras rolling in the U.S. photo Jon More...

By Brandon Jones On Tuesday, January 1st, 2013
1 Comment

US Senate passes ‘fiscal cliff’ deal, President Obama says it’s the ‘right thing to do for our country’

The US Senate has approved a deal on Monday to avert general tax hikes and spending cuts known as the “fiscal cliff”. donkeyhotey donkeyhotey.wordpress.com The bill, which raises taxes for the wealthy, More...

By Brandon Jones On Tuesday, December 11th, 2012
1 Comment

Google shelters profits in tax free Bermuda account, saves $2 billion

 Google has avoided about $2 billion in worldwide income taxes for 2011 by moving $9.8 billion in revenues into a Bermuda company (a shell company) which doesn’t have a corporate income tax. Legalling funneling More...

By Brandon Jones On Saturday, September 22nd, 2012

Mitt Romney’s tax return reveals he paid extra, Harry Reid still says ‘he’s hiding something’

For months now the Democrats and critics have been demanding GOP Presidential nominee Mitt Romney release his tax returns and on Friday his 2011 return went public, revealing he didn’t pay less, but paid more. Photo/donkeyhotey.wordpress.com Mitt More...

By Brandon Jones On Monday, August 27th, 2012

NY Times analysis of Mitt Romney’s talk returns reveals that he paid his taxes

Despite their “questions have been raised” headline about Romney’s taxes, the NY Times appears to have answered the questions and allegations posed by Senate Majority Leader Harry Reid (D-NV).   Photo/donkeyhotey More...

By Brandon Jones On Tuesday, August 14th, 2012

Paul Ryan ambiguous on tax plan, defends Medicare reform and being Romney’s VP

The Romney campaign is willing to discuss its proposals on taxes “in the light of day,” vice presidential candidate Paul Ryan said Tuesday evening — just not until after the election. photo/donkeyhotey More...



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