Think Progress » ExxonMobil paid no federal income tax in 2009. Updated.
Posted under Energy, Financial, Keeping Informed, Taxes
This post was written by PoliticsRX on April 7, 2010
Calling All Entrepreneurs: California Needs You
An excellent article about saving government money (our taxes) through small business.
Read More: Calling All Entrepreneurs: California Needs You.
Posted under Financial, Keeping Informed, Taxes
This post was written by PoliticsRX on February 3, 2010
The Budget Deficit – Briefly Explained
When speaking of the new 2009 budget submitted by the Whitehouse, claims seem to be wildly overstated.
When taking office, the Obama Administration inherited a $1.3 trillion yearly deficit. That includes the costs of the wars.
The new budget submitted by the Obama Administration extends that to $1.8 trillion. That means the changes and additions to the budget come to “only” $500 billion, or .5 trillion more that what was inherited. Not bad, considering the first round of TARP funds sought and approved by the Bush Administration was $700 billion, alone.
Read More…
Posted under Energy, Healthcare, Keeping Informed, Stimulus, Taxes
This post was written by PoliticsRX on April 1, 2009
Obama’s budget shows true costs
Obama’s new budget includes costs for the wars and the AMT (Alternative Minimum Tax) costs, which continue as ongoing costs, but have not been included in Bush administration budgets.
Republicans are balking at the size of the budget, but do not seem to be aware that these costs are not new.
Read More: Obama’s budget gives it to U.S. straight — Newsday.com.
Posted under Keeping Informed, Taxes
This post was written by PoliticsRX on March 1, 2009
Palin and Law-Makers owe back-taxes
Another instance of our legislators and leaders experiencing the frayed-rope that is the tax system. This news is on the heels of other tax issues involving Senator Tom Daschle, Timothy Geithner, Senator Mark Begich and others.
Our opinion: time for a review of the current tax code. When educated tax specialists can’t get it right for their clients (who include the elected officials writing and overseeing the tax code), it’s time to simplify.
Read More: Palin owes tax on per diem, state says: Gov. Sarah Palin | adn.com
Read More: Survey: Some senators admit tax errors
Posted under Keeping Informed, Taxes
This post was written by PoliticsRX on February 18, 2009
