Posts tagged taxes
Posts tagged taxes
All legally married same-sex couples will be recognized for federal tax purposes, regardless of whether the state where they live recognizes the marriage, the Treasury Department and the Internal Revenue Service said Thursday.
The federal rules change is one of many stemming from the landmark Supreme Court decision in June that struck down the 1996 Defense of Marriage Act. That ruling found that same-sex couples were entitled to federal benefits, but left open the question of how the federal government would actually administer those benefits.
Precisely the right decision.
Or these folks could just head north to the promised land of Wyoming where there’s no recognition or type of same-sex unions, no legal weed, no state tax, all the boomsticks, fireworks year-round, and you can frack the hell out of everything. BONUS: Wyoming has a such rage boner for Colorado, so NoCo refugees could totally get in on that.”
So why does Northern Colorado want to form its own state? Full story here.
CHEYENNE, Wyo. — U.S. Senate candidate Liz Cheney and her husband were more than two months late paying property taxes on a $1.6 million home they bought last year in the tony northwest Wyoming community of Jackson Hole, according to Teton County records. The oversight arose when they misunderstood the terms of their purchase of the four-bedroom, four-bath log home with views of the Teton Range, Cheney said Wednesday.
Awesome. Maybe that’s why Liz Cheney is running on “No taxes ever because reasons” as a key plank of her platform.
But this is my favorite part: “Cheney has lived most of her life outside Wyoming but traces her family roots in the state to 1907 settlers and describes herself as a fourth-generation Wyomingite.”
An IREHR Investigation discovers that the real IRS scandal involving the Tea Party is how many Tea Party groups are allowed to get away with questionable activity.
This goes for political groups in general. The big differences between a 527 (straight-up political action committee) and a 501(c)(4) are DISCLOSURE and ENDORSEMENT — especially the endorsement of political candidates over general social welfare activities.
This is why groups like Planned Parenthood and labor unions (along with other conservative groups) will often have a 501(c)(3) [i.e. a tax-exempt charity for union members hit with disastrous events], a 501 (c)(4) [i.e. a group devoted to lobbying on labor issues like the minimum wage], and a 527 [i.e. a PAC that endorses and donates to candidates] — and never shall the pots o’ money meet.
If anything, this “scandal” illustrates the incompetence of the IRS when it comes to awarding the proper tax status to the proper type of group. Ideally, each group SHOULD be subject to scrutiny and rejected or accepted based upon said examination. That’s not happening and that’s the real scandal here.
Incredibly, some of the wealthiest, most powerful corporations pay less than you or I do in taxes. While the rest of us pay our fair share, these corporate Tax Evaders are stealing nearly $100 Billion a year out of our national economy - every year. Meanwhile, drastic cuts to our public services are taking place, threatening social security, health care, education, and much more.
It’s time to stop talking about cuts, and start talking about the corporations who have changed the laws in order to avoid paying their fair share. It’s time to make them pay.
Join us in shining a light on corporate Tax Evaders.
Tax Evaders is a national project involving artists, game designers, researchers, protest groups, grassroots organizations and concerned citizens.
We’d like thank our allies: Citizen Engagement Lab, The Other 98%, US Uncut The Yes Lab, The Overpass Light Brigades, Americans for Tax Fairness, Public Research Interest Group, and Occupy Wall St.
Seriously, if you grew up with an Atari, or ever played old school Space Invaders, you might start screaming at your computer, “GIVE ME MORE CORPORATE OVERLORDS TO SLAY!”
I’m not saying I did, but I might have…
Here’s the email I received from payroll today. All of us are going to see roughly a 2% decrease in our pay, but the good news is that the brackets originally proposed for elimination — the $250,000+ brackets — didn’t see an increase ‘til $400,000-450,000.
So good for you guys!
I can’t really explain why this email irritated me as much as it did, other than the 2% decrease in net pay is going to hit non-benefited, part-time employees like myself the hardest, and it didn’t have to happen as a part of the fiscal cliff “compromise.”
These are the very real consequences of the U.S. Congress playing politics with our paychecks, and it will have economic consequences, particularly for low wage workers in a stalled economy.
Former U.S. Sen. Alan Simpson, (R-Wyo.) on Grover Norquist’s “no-tax” pledge he wrote when he was a twelve-year-old volunteer for Richard Nixon.
This isn’t the first time Simpson has slammed Norquist. In May 2012, he said: “For heaven’s sake, you have Grover Norquist wandering the earth in his white robes saying that if you raise taxes one penny, he’ll defeat you. He can’t murder you. He can’t burn your house. The only thing he can do to you, as an elected official, is defeat you for reelection. And if that means more to you than your country when we need patriots to come out in a situation when we’re in extremity, you shouldn’t even be in Congress.”
Norquist’s response? To paraphrase, Alan Simpson is a senile old drunk who hurt my feelers.
Just a note to the GOP: When I was twelve, I thought a lot of weird shit should be real. I’ve never made it a policy suggestion — much less a pledge/litmus test — for elected leaders. Why? Because adulthood.
Time to grow up or drown with Grover.