TheLadders: Find a Great Job Today!

Taxes

Value of Tax Shield Explained – MBA Mondays

January 10, 2011

The Value of Tax Shield strategies by corporations will be the subject of this week’s MBA Mondays with Darwin.   Have you ever found it odd that in the same day, you’ll hear the pundits on CNBC saying that IBM or Exxon are sitting on hoards of cash, but then you see that they’re still issuing [...]

Read the full article →

Guess Which 5 Companies Pay the Most Taxes?

December 26, 2010

People love to trash big business, especially politicians.  You know, those greedy bastards that make all those profits?  Recall when oil spiked to over $140 per barrel, politicians were calling for a “windfall profits” tax?  What a ridiculous notion.  I don’t know, do they get a “windfall loss” tax deduction when times are bad?  Well, [...]

Read the full article →

Energy Tax Credit 2011 – Not What It Used to Be

December 17, 2010

The  energy tax credit for 2011 is not nearly as generous as the credit was in 2010 when you were able to deduct up to $1500 as as long as it was 30% of the total installed cost of various home efficiency measures like window installations, hot water heaters and more.  While the 2011 tax [...]

Read the full article →

If you Make 6 Figures, You’re Getting 2 Bonuses Next Year

December 12, 2010

There were two recent developments that have locked in 2 additional bonuses for 6 figure earners in 2011.  Aside from the framework tax deal Obama announced last week which left tax rates alone for all earners, the payroll tax reduction of 2% and the locked cost-of-living adjustment on Social Security means the cap at which [...]

Read the full article →

Payroll Tax Holiday – How Much Would It Save You?

September 21, 2010

The Payroll Tax Holiday that was brushed aside by the administration in the past is coming to the forefront again as a possible compromise between conservatives and liberals as a means to help “stimulate” the economy without having some of the same problems the other efforts have had.  Namely, it would actually work…as opposed to [...]

Read the full article →

Apparently, Americans DO Care About “The Rich” – Half Support Tax Cuts for “Top 2%”

September 18, 2010

One of the common arguments for reverting to the older higher tax rates pre-Bush for families making over $250,000 is that “it’s only the top 2%” of households, so it affects so few people.  As illogical as that argument is and the fact that it is devoid of any consideration of the collateral damage of [...]

Read the full article →

10 Dumbest Uses of Your Tax Dollars in Stimulus Bill

August 3, 2010

A recently released GOP paper on the stupid use of federal stimulus dollars has resulted in the typical dismissal from the administration and the mainstream media as “right wing partisan politics”, but there’s nothing wrong with pointing out the results of this ill-conceived hasty distribution of dollars from our children’s generation to the current one.  [...]

Read the full article →

Bush Tax Cuts Expiring – How This is Likely to Play Out

August 3, 2010

With the Bush Tax Cuts set to expire at the end of this year if no action is taken, it’s going to be the political issue of the year going into mid-terms, likely pitting tax-cutters vs. tax-the-wealthy only camps against each other.  While it may seem like a binary event, the way this will play [...]

Read the full article →

Cool Tool for Estimating Your Taxes Under Obama’s New Tax Plan

July 29, 2010

It’s unclear at the moment whether Congress will act to extend the Bush Tax Cuts, let them expire, or enact a new hybrid plan that the administration is proposing whereby only families making over $250K would see an increase.  So, given the proposed plan, this tax calculator by the Tax Foundation has a nice simple [...]

Read the full article →

Hillary Clinton Needs a Reality Check on Taxes…Seriously

May 29, 2010

While I’m used to politicians saying and doing stupid things of epic proportion, I think this one takes the cake.  Apparently, Hillary thinks that there’s a causal relationship with having the highest taxes around and strong economic growth. Take a minute to watch this…and then see just how stupid these assertions are: “The Rich are [...]

Read the full article →

Next Entries →