by Kenneth Thomas Mitt Romney’s Unintentionally Hilarious Tax Return FAQ Unless you’ve been in a coma, you have certainly heard about Mitt Romney’s release of his 2011 tax returns last Friday. You no doubt know that he and his wife did not claim all the charitable tax deductions they were due, so their tax rate […]
by Linda Beale Romney’s Tax Views Lead to Blooper Comments Denigrating America’s Elderly and Poor Most of us who follow tax issues in the news and in political campaigns are aware that GOP candidate Mitt Romney has been very secretive about various items. First and foremost, he has been secretive about his own extraordinary wealth: […]
Follow up to Afferent Input’s post. Ten states that are the highest in income tax non-payers are highlighted in (of all things) RED. It just gets better and better. Via my former governor.
(Dan here…Afferent Input started to write for Angry Bear but was subsequently uprooted with family to live and thrive in Germany for a few years, and gave up blogging. He and a now bigger family have moved back to the States, so may begin to blog again. Welcome back AI! ) by Afferent Input Romney […]
Via Taxprog blog: Bartlett: Mitt Romney, Carried Interest and Capital GainsNew York Times: Mitt Romney, Carried Interest and Capital Gains, by Bruce Bartlett: A key reason for Mr. Romney’s low tax rate is that a very substantial amount of his income comes from capital gains – 51% in 2011 and 58% in 2010. Capital gains, […]
by Linda Beale Whistleblower gets millions: good for compliance improvement (and makes us ask again–did Romney get amnesty?) Bradley Birkenfeld, the UBS whistleblower who helped jumpstart the IRS’s enforcement of foreign bank account reporting and helped catch criminal tax evaders, ended up serving a relatively short prison term (for failure to be entirely forthcoming, in […]
John Quiggin writes at Crooked Timber on a not new discussion on what constitutes “white working class” or “whiteworkingclass” used in media descriptions. In comments there are several who tackle the question well….Bruce Wilder for one. I am not sure there is a clear answer without considering geographical issues and histories, rural/city/suburb issues, and such, but […]
(Dan here…Lifted from Robert’s thoughts) Robert writes: Omigod Sept 4 2012 really is opposites day. Ezra Klein made an incorrect claim of fact about health care financing. He wrote: But I’m not going to make that argument. I’m on-record saying that trust-fund accounting is by and large a ridiculous way to look at the federal […]
by Maggie Mahar (The author of Money-Driven Medicine: The Real Reason Health Care Costs So Much (Harper/Collins 2006), Mahar also served as the co-writer of the documentary, Money-Driven Medicine (2009), directed by Andrew Fredericks and produced by Alex Gibney.Before she began writing about health care, Mahar was a financial journalist and wrote for Barron’s, […]
Payroll Employment by Presidential Administrations Ryan is saying that Obama’s record is like Jimmy Carter’s record. When it comes to employment we should hope so. During Carter’s four years in office payroll employment expanded some 10 million,or 12.5%. or at an average annual rate of 3.1% This is the second best employment record ofany post […]