Archbishop criticizes governor on abortion Oct 7, 2008
greenmoira wrote on Oct 3, 2008 10:11 AM:" Reply to JMS: If you're going to retort at least make it applicable to my comments. Address my points, not your own agenda items, Re: your 2nd point - Many laws are in effect that were not popular with the citizenry (i.e. Income Tax laws, military draft). In addition, popular doesn't necessarily equate correct or moral. ". Member ID. (Corvallis Gazette Times, OR)
CHART 3: How 3 model portfolios fared Oct 7, 2008
Interest from tax-free funds, which invest in short-term municipal obligations, are free from federal and, in some cases, state income tax. That makes up for the lower yield, particularly for those in the top tax brackets. (USA Today -- Money)
QLogic to Announce Second Quarter Results Oct 7, 2008
The company advises readers that these potential risks and uncertainties include, but are not limited to: potential fluctuations in operating results; gross margins that may vary over time; revenues may be affected by changes in IT spending levels; the stock price of the company may be volatile; the company's dependence on the storage area network market; potential adverse effects of server virtualization technology on the company's business; potential adverse effects of increased market... (Primezone Releases)
Tax Foundation: Ohio among 10 worst for business taxes Oct 7, 2008
Ohio ranked worst for individual income tax at 47th. It was 33rd for corporate income tax, 37th for sales tax, 15th for unemployment insurance tax and 44th for property tax, according to a background paper from the foundation. (Cincinnati Business Courier, OH)
How can Nebraska possibly vote Republican? Oct 6, 2008
People here don't want to elect a known supporter of radical american haters like the weatherman underground or the reverend wright who preached "G.. Damn america!Thats why for starters Nebraska should vote republican!!! My god obama has been a senator for 143 days! This makes him qualified over mccain? Or is it his black skin? Stop it Oct 2, 2008 10:56 AM These subsidies are a slap in the face of every Nebraskan. It's time for government to stop all of this bailing out/subsidizing of non viable... (Columbus Telegram, NE)
At Cradle of Liberty, activists rally around antitax message Oct 6, 2008
More than 250 activists rallied at Faneuil Hall yesterday, hoping to build support for a proposal on the November ballot that would abolish the state income tax ... Howell said ending the income tax would also jump-start the economy, create jobs, and make the state "a magnet" for families and businesses ... Nine other states have no income tax - Alaska, Florida, Nevada, New Hampshire, South Dakota, Texas, Tennessee, Washington, and Wyoming, according to the Internal Revenue Service. (Boston Globe)
Who needs state taxes? Oct 6, 2008
Libertarian Carla Howell has a heroic proposal on the ballot that would nix the Massachusetts income tax. Pull $12. (Boston Globe)
Transcript: Sens. Lieberman, McCaskill on 'FNS' Oct 6, 2008
" And there is a difference between the tax plans, and those differences have been pointed out by independent groups. And they have said that overall, Barack's plan is a tax cut, and it's paid for, and the middle class is going to get it, not just wealthy people. That's the difference between these two candidates. We are happy to talk about health care. We are happy to talk about the economy. We don't want this to be a character attack. It should not be a character attack. And I hope -- I hope... (Fox News)
Next president may be hamstrung by bailout Oct 6, 2008
Obama has proposed excluding people age 65 and older from federal income tax liability if they earn $50,000 or less, along with creating a new tax credit of up to $1,000 for lower- and middle-income families ($500 for individuals) to offset federal payroll taxes. 1. (MSNBC -- Politics)
Question 1 opponents rally in Framingham Oct 6, 2008
Critics, though, call Question 1 on the Nov. 4 ballot - which, if passed, would eliminate the state income tax and ostensibly puts those dollars in taxpayers' pockets - a dangerous political ploy that would cripple municipal services and harm schools. Such opposition gathered yesterday at the Framingham Civic League to deride the proposal as irresponsible. (Framingham TAB, MA)
Habitat reaches milestone with 10th home Oct 6, 2008
Companies that donate money or in-kind services qualify for a 55 percent tax credit, and also can claim the donation on their income tax. That would result in a company that donates 1,000 ending up only 300 out of pocket, Pultz estimated. (Park Hills Daily Journal, MO)
State coffers stuck in billion-dollar lurch Oct 6, 2008
Fewer jobs will lead to smaller personal income tax collections for the state, which are more lucrative than any other tax. From 2000 to 2005, an average of 26 percent of annual income taxes came from Manhattan, according to state data. (Albany Business Review, NY)
Obama's disastrous plan Oct 6, 2008
The Democrats' presidential nominee says he will pay for giving income tax cuts to 95 percent of Americans by increasing taxes on "the rich" who he defines, for now, as persons with incomes of $250,000 or more per year ... Also, never mind that 95 percent of Americans can't possibly get an income tax break, because only 60 percent of them pay the tax ... Providing money and programs to poor people who really need help is humane and justified social policy -- but sending checks, willy-nilly, to... (The Augusta Chronicle)
* PLANET POP Oct 6, 2008
The two-time Indianapolis 500 winner and his sister, Katiucia Castroneves, were also charged with six counts of income tax evasion for the years 1999 through 2004. Singer Natalie Cole is resting in bed at her Los Angeles home after being hospitalized in New York last month because of a setback in her battle with Hepatitis C, her spokeswoman said on Thursday. (Taipei Times, Taiwan -- World)
Bush and Cheney had a part in economic ruin Oct 6, 2008
Mikel Mcintosh idmikel wrote on Oct 5, 2008 2:34 PM:" Your letter is so full of biased, false, liberal talking points it's hard to know where to start.1) "They rewrote the Constitution, trying to give themselves supreme power over the legislative and judicial branches of government "If you had ever read history you would know that the current administration's actions are less intrusive than previous administrations. For example: Woodrow Wilson (D) during WW1, established the draft, (nothing in... (Burley South Idaho Press, ID)
Homeowners Warming Up to Solar Water Heating Oct 6, 2008
"While a solar thermal system usually costs more to purchase and install than a conventional water heating system, it can save you money in the long run. How much depends on factors including the amount of hot water you use, your system's performance, your geographic location and solar resource, available financing and incentives, the cost of conventional fuels and the cost of the fuel you use for your backup water heating system, if you have one.If you're building a new home or refinancing, the... (Canton Daily Ledger, IL)
A Look Back in Time: Demands overwhelm Oct 6, 2008
People were anxious for news because the report suggested that a state income tax would be a way for Wyoming to more fairly distribute its tax burden. Another idea in the Griffenhagen report was to administrate school districts within their respective counties. (Casper Star-Tribune, WY)
Head to head on the economy Oct 6, 2008
Obama: Would raise income taxes on wealthiest people ... Also would triple earned income tax credit for working poor and exempt seniors earning under $50,000 from income tax. (AZCentral -- News)
Obama's Tax Plan: Welcome to 1929 Oct 6, 2008
-- Obama proposes to increase the top individual income tax rate by 13% and the second individual income tax rate by 10 ... Under the Obama tax plan, their marginal income tax rate alone climbs to 39 ... State income taxes raise the total to close to 50%, over 50% in higher tax states like New York and California. (Human Events Online)
Leading Brands, Inc. Announces Results for Its Fiscal Second Quarter Ended August 31, 2008 Oct 6, 2008
LEADING BRANDS, INC. CONSOLIDATED STATEMENT OF LOSS AND COMPREHENSIVE LOSS (UNAUDITED) (EXPRESSED IN UNITED STATES DOLLARS) Three Three Six Six months months months months ending ending ending ending Aug. 31, Aug. 31, Aug. 31, Aug. 31, 2008 2007 2008 2007 --------------------------------------------------------------------- Gross Sales $ 9,305,648 $ 8,323,360 $ 18,620,280 $ 18,881,169 Less: Discounts, rebates and slotting fees (1,413,192) (1,107,289) (2,572,665) (2,127,386)... (Primezone Releases)
Giants Crush Seahawks Oct 6, 2008
"This loss will be another blow to the state. We have become too dependent on the states kickback from the slot machine revenues. The next thing will be a tax increase due to this and the loss of income tax payments from Fairfield County.". -- Eddie P, Meriden. (Hartford Courant)
CONNECTICUT: Wall Street affects many Oct 6, 2008
Connecticut draws 45% of its income tax revenue from Fairfield County, a finance center next door to New York. Greenwich alone, tucked in the county's southern end, paid more than $598 million in state income taxes in 2006, 12. (USA Today)
It's time for a 'blunt budget ax' Oct 5, 2008
WHEN IT COMES to stopping Question 1 - the ballot initiative to abolish the Massachusetts income tax - the defenders of the status quo will spare no rhetorical expense. Months ago, Governor Deval Patrick called the prospect of Massachusetts without an income tax "a dumb idea" reminiscent of Darfur ... In 2000, tired of waiting for Beacon Hill to repeal the "temporary" tax hikes of 1989-90, we voted overwhelmingly for a phased rollback of the income tax to its traditional rate of 5 percent. (Boston Globe)
Up, Up, and Away! Oct 5, 2008
After all, as Grassley says, universities are exempt from income tax, while their donors benefit from the deductions allowed for charitable giving. Universities save roughly $6 billion a year from the tax-exempt status of their endowment income alone. (Boston Globe)
Big TV big draw at new Vann’s Oct 5, 2008
3 million retirees and disabled veterans who didn t have to file income tax forms this year have yet to file for the paperwork to receive their payments ... People who in April filed for six-month income tax extensions also have until the 15th to get their returns done and qualify for their stimulus payments. (Helena Independent Record, MT)
Will Dress Code Affect Your Right To Vote? Oct 5, 2008
By making Montgomery County your permanent residence, you have declared your independence from your parents and can no longer be claimed as a dependent on their income tax filings. . (CBS News -- Iraq)
Congress looked ugly on bailout bill, but system worked Oct 5, 2008
But, he added, changes unrelated to the overall plan helped make the bill easier to vote for, notably the help for constituents who take sales tax deductions on income tax, are subject to the alternative minimum tax and need disaster relief because of hurricane damage. Rep. (Anchorage Daily News)
The Death of Common Sense in America Oct 5, 2008
Large portions of the American public pay no income tax while politicians claim the people who are paying 86% of the income tax we collect aren't "paying their fair share." The left is pushing gay marriage and legalized polygamy won't be far behind. The interests of animals, from caribou to endangered species, are often given preference over those of human beings. (Townhall.com)
FDR and the Great Deflation Oct 5, 2008
Yes, he made a marginal reduction in income taxes and corporate taxes and a bolder reduction of capital gains taxes ... Reduce income tax to 25 percent. (Townhall.com)
Obama’s plan is better Oct 5, 2008
small business owners don't pay capital gains tax, they pay income tax. Obama states that he didn't say he would sit down with the leaders of Iran, well if you go back and look at the democrat debate at The Citadel. (Rockingham Daily Journal, NC)
LETTERS: NCT, Oct. 4, 2008 Oct 5, 2008
That is, we buy (heavily taxed) gas to get to work, purchase food at mounting costs, buy necessities, including clothes for school and for work and pay the sales tax on these items, as well as faithfully pay our income tax every year ... " END QuoteExactly, sub-prime = secondary financing. They put the sub-prime mortgages in place to unqualified applicants by Congressional fiat, based on affirmative action.The record on this is oh so clear.Not happy with the results through the 80's, by the late... (North County Times)
Twice As Many Rich Escape U.S. Tax Oct 5, 2008
The number of Americans earning $200,000 or more who paid no federal income tax more than doubled in 2005, just-released Internal Revenue Service numbers show ... In 2005, 7,389 high adjusted-gross-income (AGI) return filers paid no U.S. income tax, up from just 2,833 in 2004 ... Expatriates can reduce or wipe out their regular U.S. income tax bills by claiming a credit for the foreign taxes they must pay. (Yahoo News -- Taxes and the IRS)
Consumers Taking Out Fewer Instant Tax Loans Oct 5, 2008
But low-income taxpayers still lose hundreds of millions in unnecessary costs ... As tax season draws to a close, another year has passed in which tax preparers and their partner banks drained hundreds of millions of dollars from refunds by selling refund anticipation loans (RALs), mostly to millions of working families who get the Earned Income Tax Credit (EITC). (Yahoo News -- Taxes and the IRS)
Rebate checks diverted to pay $2B in debts Oct 5, 2008
Also, Mississippi hasn't joined yet, and California doesn't submit the names of income tax debtors. So while Maryland has collected $6 million from rebate checks for unpaid state income taxes, California has received nothing. (Yahoo News -- Taxes and the IRS)
Libertarian Cooper challenging three-term incumbent Heddens Oct 5, 2008
Paying for government could come from "an increase in sales tax and eliminating property and income taxes," Cooper said. "Property taxes aren't based on ability to pay. The income tax punishes people for what they produce.". (Ames Daily Tribune, IA)
Teach kids how to manage money Oct 5, 2008
Only 34 percent know the upper and lower income tax brackets. Only 32 percent know what required deductions are taken from their paycheck. (Athens Banner-Herald)
When moral decisions have a financial cost Oct 5, 2008
TFSAs will allow up to $5,000 a year on which income tax has been paid to grow tax-free and to be distributed without tax, unlike RRSPs, which provide an upfront tax break but subject payouts to tax as ordinary income. This couple can meet their goals within the parameters of their values, Mr. Mastracci says. (Globe and Mail -- Business)
Sheriffs worry as federal law enforcement funding dries up Oct 5, 2008
South Dakota doesn't have a state income tax, but Hall suggested, "They should.". Hall said "we don't want to go backwards" to a time when many people would bypass Orman because of concerns there was no law enforcement at all. (Rapid City Journal, SD)
Calif. Wants $7 Billion in Federal Bailout Loan Oct 5, 2008
California routinely borrows money at the beginning of every fiscal year to ensure cash flow until sales tax receipts begin pouring in after Christmas and income tax is collected in the spring. Schwarzenegger's letter to Paulson was sent before Congress approved a 700-billion-dollar bailout package aimed at easing the crisis. (Newsmax)
How can Nebraska possibly vote Republican? Oct 4, 2008
People here don't want to elect a known supporter of radical american haters like the weatherman underground or the reverend wright who preached "G.. Damn america!Thats why for starters Nebraska should vote republican!!! My god obama has been a senator for 143 days! This makes him qualified over mccain? Or is it his black skin? Stop it Oct 2, 2008 10:56 AM These subsidies are a slap in the face of every Nebraskan. It's time for government to stop all of this bailing out/subsidizing of non viable... (Columbus Telegram, NE)
Obama, McCain Clash Over Job Losses Oct 4, 2008
Meanwhile, Gov. Palin and her husband Todd released their income tax returns for the last two years. In 2006, they earned about $128,000. (CBS News)
Sarah Palin Releases Tax Returns Oct 4, 2008
McCain's campaign released the joint income tax return Friday for his vice presidential nominee and her husband. The couple donated more than $8,000 to charity over two years. (CBS News)
Wilkerson faces disbarment for testimony Oct 4, 2008
In the income tax case more than a decade ago, she pleaded guilty to four misdemeanors and served 30 days in a halfway house. "I think the voters of her district have been overly forgiving over the years," said state Senator Richard Tisei, the Republican minority leader. (Boston Globe)
Bailout bill has timber payments to some counties Oct 4, 2008
The bill also will allow Washington state residents to continue deducting state sales taxes on federal income tax returns. And it extends tax credits for renewable energy such as solar, wind and hydropower, as well as biomass and geothermal electricity. (Forbes)
Obama, McCain Clash Over Job Losses Oct 4, 2008
Meanwhile, Gov. Palin and her husband Todd released their income tax returns for the last two years. In 2006, they earned about $128,000. (CBS News -- Iraq)
County named federal disaster area Oct 4, 2008
Other relief programs: Crisis counseling for those traumatized by the disaster; income tax assistance for filing casualty losses; advisory assistance for legal, veterans benefits and social security matters. Source: Federal Emergency Management Agency. (DeKalb Daily Chronicle, IL)
Economic Stabilization act full text (New version) Oct 4, 2008
(1) INCOME TAX CREDIT- Paragraphs (1)(A) and (2)(A) of section 40A(b) are each amended by striking 50 cents and inserting 1. 00. (Gillette News-Record, WY)
Palin tax returns for 2006, 2007 released Oct 4, 2008
McCain's campaign released the joint income tax return Friday for his vice presidential nominee and her husband. advertisement. (MSNBC -- Politics)
Bailout bill loops in green tech, IRS snooping... Oct 4, 2008
The good news is that, according to Harry Reid, the income tax is voluntary ... 100 of America's largest corporations did not pay any income tax. (The Drudge Report)
SARAH SHOW: 69,989,000 WATCH... Oct 4, 2008
Final: 69,989,000 viewers -- Palin-Biden the most-watched vp debate ever--The Live Feed. Final: 69,989,000 viewers -- Palin-Biden the most-watched vp debate ever. (The Drudge Report)
House passes bailout; Hirono and Abercrombie vote yes Oct 4, 2008
Abercrombie said the new bill "offers improvements and protections beyond the original House bill for individual taxpayers: it increases FDIC's coverage from $100,000 to $250,000 per individual account holder; provides opportunity for additional help with mortgages, and offers income tax relief for 91,000 Hawaii households." ... Abercrombie said the new bill "offers improvements and protections beyond the original House bill for individual taxpayers: it increases FDIC's coverage from $100,000 to... (Honolulu Star-Bulletin)
Talladega notebook: Earnhardt runs into trouble Oct 4, 2008
SHOCKED JOHNSON: Jimmie Johnson was "shocked'' his long time attorney is facing charges in connection with two-time Indianapolis 500 winner Helio Castroneves' tax case.Alan R. Miller is facing charges of tax evasion based on allegedly false federal income tax returns filed by Castroneves from 2000 to 2002. Castroneves pleaded not guilty Friday to charges that he used offshore accounts to evade U.S. taxes on more than $5 million in income.Miller did not enter a plea in court on Friday and was... (MSNBC -- Sports)
Arnold Asks Treasury for $7 Billion Loan Oct 4, 2008
Some estimates say Wall Street workers account for 20 percent of the state's income tax revenues. Arturo Perez, a fiscal analyst for the National Conference of State Legislatures, said that 31 states struggled to close gaps in their latest annual budgets. (ABC News -- Business)
Prominent tax attorney pleads guilty to failure to file tax return Oct 4, 2008
Prominent Honolulu tax attorney and accountant Michael "Mickey" Rosenthal pleaded guilty today to failure to file a federal income tax return for the year 2000. The guilty plea to the misdemeanor offense was part of an agreement Rosenthal and his attorney reached with the U.S. Attorney's office. (Honolulu Advertiser)
The Tax Issue is the Key to a McCain Victory Oct 4, 2008
Ultimately, Mr. McCain wants to simplify the tax code by allowing taxpayers to choose between the current system or a streamlined system with two income tax brackets and a generous standard deduction. By contrast, Senator Obama has proposed a redistributionist tax plan, which would generally raise income and payroll taxes on the so-called wealthy, and use that extra tax revenue to provide a hodge-podge of tax breaks for middle- and lower-income taxpayers. (Townhall.com)
Bailot bill includes aid for Iowa disaster victims Oct 4, 2008
Other tax relief for individuals includes a suspension of the alternative minimum tax and an expansion of the child income tax credit. For Iowa businesses, Braley said the bill will provide a renewable energy production tax credit, renewable energy bonds, and funding for small business research and development. (Waterloo-Cedar Falls Courier)
Mathern says GOP tax plan flawed Oct 4, 2008
LOADING Sep 27, 2008 - 07:56:58 CDT By DALE WETZELAssociated Press Writer FARGO - North Dakota's candidates for governor don't like each other's plans to cut taxes, but Republican Gov. John Hoeven and Democratic challenger Tim Mathern both oppose a ballot measure to slash state income tax rates in half ... Hoeven's 500 million package reserves 100 million for income tax cuts, 300 million for school property tax reductions and 100 million for increased state aid for schools ... North Dakota's... (Bismarck Tribune, ND)
More bad luck for Junior Oct 4, 2008
Alan R. Miller is facing charges of tax evasion based on allegedly false federal income tax returns filed by Castroneves from 2000 to 2002. Castroneves pleaded not guilty Friday in Miami to charges that he used offshore accounts to evade U.S. taxes on more than $5 million in income. (News & Observer -- Sports)
Contrast offered by 45th District hopefuls Oct 4, 2008
Rhodes said he has a plan he thinks will encourage Iowa's young adults to stick around after graduation, namely, putting their income tax dollars to work paying off student loans. The proposal would allow recent Iowa graduates to fill out a form that would divert their income taxes toward their outstanding college loans ... "You'd pay property tax and sales tax, but not income tax," Rhodes said. (Ames Daily Tribune, IA)
Earnhardt runs into trouble Oct 4, 2008
Alan R. Miller is facing charges of tax evasion based on allegedly false federal income tax returns filed by Castroneves from 2000-2002. Castroneves pleaded not guilty Friday to charges that he used offshore accounts to evade U.S. taxes on more than $5 million in income. (Athens Banner-Herald)
California might need to borrow $7 billion Oct 4, 2008
It s customary for California to borrow billions of dollars at the start of the fiscal year to fill its coffers until the usual flood of sales tax receipts comes in after Christmas and income tax receipts arrive in the spring. California is so large that our short-cash flow needs exceed the entire budget of some states, Schwarzenegger wrote. (Atlanta Journal-Constitution -- Business)
» More Emmys Coverage Oct 4, 2008
REP. MARSHA BLACKBURN OF TENNESSEE: She rose to political prominence in the state for rallying vocal protests against a state income tax while serving in the state Senate. She parlayed her increased profile into winning a congressional seat in 2002, and is considered a possible gubernatorial candidate in 2010. (Yahoo News)
Douglas Area residents still have time to file for economic stimulus payments Oct 4, 2008
Free help is available to individuals who have at least 3,000 in earnings and/or benefits from Social Security, VA disability, or a Retired Railroad Worker s pension and normally don t file income taxes. Trained volunteers will be available to answer questions about the economic stimulus payment and file a 2007 federal income tax return ... These individuals must file a 2007 federal income tax return in order to receive the payment. (Douglas Daily Dispatch, AZ)
Lottery winners make poor fiscal conservatives Oct 4, 2008
Since oil production commenced in 1977 the state has been awash in oil revenues, so much so that the state income tax was abolished in 1979 and the state has no major non petroleum sources of revenue (though they lead the nation in federal spending per capita) ... Some politicians of both parties opposed the repeal of the state income tax in 1979, but they were a distinct minority. (Longview Daily News, WA)
Obama, McCain trade jabs on campaign trail Oct 4, 2008
In another development, the McCain campaign yesterday released Ms. Palin's income tax returns for 2006 and 2007. The documents show that she and husband, Todd, paid $11,944 on a gross income of $127,869 in 2006 and $24,738 on income of $166,080 in 2007. (Pittsburgh Post-Gazette, PA)
