Browsing All posts tagged under »Tax«

California institutes internet sales tax causing Amazon and Overstock to cut ties

July 1, 2011

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In an effort to bring in more revenue and fortify the deeply troubled California state coffers, Governor Jerry Brown signed a law effectively immediately requiring internet companies to collect a sales tax from residents of the state making online purchases.   The result?  Instead of compliance, one of the largest, if not the largest, internet business has said […]

Who thought it was okay to commit tax fraud? Among others, around 100 IRS employees

May 23, 2011

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Ready to have your blood boil?  The only thing that might possibly be more maddening is Charlie Rangel’s tax evasion antics since he, after all, was actually responsible for writing tax law.  After that, this comes in as a close second: More than 100 employees of the Internal Revenue Service cheated the government by fraudulently claiming […]

IRS fraud by inmates getting worse, not better

February 16, 2011

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Five years ago, U.S. prison inmates ripped off the IRS to the tune of $13.4 million dollars.  With that in mind, you’d think the government would be on the lookout for these types of scams and subsequent fraud would be costing the American taxpayer less.   That isn’t the case: WASHINGTON, Feb. 16 (UPI) — U.S. […]

Witchcraft will no longer receive tax exempt status in Romania

January 1, 2011

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As the saying goes, “Nothing’s for certain in life but death and taxes,” and it looks like the witches of Romania have lost their battle to avoid paying their share: Romania has changed its labor laws to officially recognize witchcraft as a profession, prompting one self-described witch to threaten retaliation. The move, which went into […]

Jobs Bill a “Cap and Trade” Trojan Horse?

January 28, 2010

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From CQ Politics: Despite the obituaries being written for Senate passage of a cap-and-trade bill this year, President Obama is expected to reiterate his call for comprehensive clean energy and climate change legislation and to rebrand it as part of his job-creation agenda. It appears that “Cap and Trade” has achieved zombie-like status as something […]