Category: Tax

New Jersey Governor Says Enough is Enough on Taxing the Wealthy

It seems that no tax is a bad tax when it comes to the “left” side of the government. It’s a well-known fact that the wealthiest Americans pay the largest portion of the country’s taxes. However, there are some government

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California Going After Tax-Evaders

We have discussed the federal government’s efforts to track down tax-evaders many times before, but the IRS isn’t the only tax agency looking to crack down on those who don’t pay their fair share of taxes. The California Franchise Tax

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What to Do About Corporate Taxes?

The debate over corporate taxes has raged for years, but even though the battle has been going on for decades, it has definitely experienced some changes. The business world, and the world in general, has changed since the days when

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New Jersey Dems Looking to Tax the Rich Even More

The rich are already taxed enough, right? Although many would disagree with this statement, unfortunately there are others who think that no matter how much they take from them, the rich can’t ever be taxed too much. To that end,

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Will NBA Star Choose New Team According to State Taxes?

There are usually a lot of factors that people consider when they are trying to determine where they are going to live, with their choice of work being a very common one. On the other hand, not everyone typically chooses

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Can Life Insurance Policies Solve the Estate Tax-Retirement Conundrum?

Many top-level company executives and business owners share a common problem when it comes to planning for estate taxes and retirement. The problem is that many of these individuals wonder how they are going to both pay the necessary estate

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Despite Record Revenues, Federal Government Still Facing Huge Deficit

Does it seem like no matter how much money the federal government collects in tax revenue, they will still never have enough? For a lot of people the, answer is a resounding “yes.” The country’s Monthly Treasury Statement lends even

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How Some Big Companies Are Skirting the IRS

There’s no question that the IRS is always looking for ways to get every penny they can from the nation’s taxpayers, whether they be individuals or businesses. On the other hand, many taxpayers are also doing whatever they can to

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What Happened to California’s Tax Revenue in May?

Where has all of California’s money gone? Ok, so the state isn’t bankrupt or anything like that, but according to recent reports, the state’s tax revenues fell short by 5.5 percent in the month of May. That marks the first

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Could You Pay More to Drink Soda in Berkeley?

We all know that obesity is a problem in our country. Activists and other interested parties continue to work on ways to help curb this growing problem. Indeed, obesity is neither good for individuals or for our country. However, would

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