Taxes

Tory poster targets Labour's 'secret plan' to introduce £20,000 death tax

ConservativeHome's ToryDiary (Free subscription) | 3 hours ago

Earlier today there was news that Labour might introduce a £20,000 charge on estates in order to pay for a new 'National Care Service'. The Conservatives have launched a poster attacking Labour's 'death tax': As well as online the poster is already up on eighteen poster sites across London. Earlier, Shadow Chief Secretary to the Treasury Philip Hammond commented:"Gordon Brown has a track...

Senior Tory clears up Lord Ashcroft tax mystery … or does he?

The Guardian (Free subscription) | 53 minutes ago

A senior source said Sir George Young had 'mis-spoken' when he told the BBC that Ashcroft was a 'non-dom' The Conservatives' long-standing defence of their deputy chairman and ­multimillionaire donor Lord Ashcroft was in chaos tonight as the party ­struggled to explain fresh revelations about his tax status. Today the party was forced to row back from what appeared to be the first admission...

Lord Ashcroft enjoys 30-year tax holiday in Caribbean haven

Mirror.co.uk (Free subscription) | 22 hours ago

A tax break written into law in Belize has let Lord Ashcroft's businesses "avoid certain taxes for 30 years".

Jordan govt’s decision to raise tax criticized by telcos

Wireless Federation (Free subscription) | 10 hours ago

www.WirelessFederation.com/news: Government’s plan to increase taxes on mobile phone services has been severely criticized by the wireless network operators in Jordan. Currently, the tax paid by the telecom industry is equivalent to 58% of its revenue to the government. The latest tax is an increase in the special cellular phone tax from 4% to 8%. 16% [...]

Brown's 'death tax' denied

Politics.co.uk (Free subscription) | 22 hours ago

Plans to impose a £20,000 inheritance tax to help finance improved social care provision have been denied by the government.

Lord Ashcroft: does he pay tax in Britain?

The Guardian (Free subscription) | yesterday

Conservative mandarins still refuse to answer questions on party benefactor's UK tax status Conservative party officials repeatedly refused to say today whether they believe the British public has any right to know the truth about the current tax s­tatus of Lord Ashcroft, the multi-­millionaire who has helped bankroll the party for almost three decades. Ashcroft, a deputy chairman of the party,...

Tax Cuts HURT Small And Medium Businesses

Seeing the Forest (Free subscription) | yesterday

This post originally appeared at Campaign for America's Future (CAF). I am a Fellow with CAF. Much of the public believes that tax cuts "create jobs." A recent Rasmussen poll found that 59% of voters believe cutting taxes is better than increasing government spending as a job-creation tool. ... [[ This is a content summary only. Visit Seeing the Forest at http://seeingtheforest.com for full...

• Dave Johnson: Tax Cuts HURT Small And Medium Businesses - The Huffington Post

IRS problems and have credit card debt? Tips for handling both

IRS and the Law (Free subscription) | 21 hours ago

I received a call today from an enrolled agent for my help with a client who was having problems not only with the IRS, but credit cards as well. As usual, my enrolled agent friend got it right – bankruptcy was likely on the horizon for us to take care of both problems simultaneously. Two basic rules on owing the [...]

New Zealand Government Changing Tax Mix

Dismal (Free subscription) | 21 hours ago

The GST is expected to be raised, but this will be offset by lower income taxes.

Hemstreet Proposes $1.40 Tax Rate in Loudoun!!!

Too Conservative (Free subscription) | yesterday

I watched the budget presentation today, and the news isn’t good for taxpayers. Instead of cracking down on the out of control school system, County Administrator Tim Hemstreet, at the direction of a majority of the BOS, instead will foist an average 10% property tax increase on Loudoun’s property owners. In these trying times, when [...]

Senate Ways and Means passes bill that would ease way for tax increases

Seattle Times (Free subscription) | yesterday

The Senate Ways and Means Committee on Monday afternoon approved Senate Bill 6843, which would suspend Tim Eyman's Initiative 960 and let lawmakers increase taxes with a simple majority vote.

Audit Notes: Bloomberg Backs the Buck; WSJ on Future State Taxes; Big Money vs. Student Loansharks; Mortgage Banker Schadenfreude, etc.

CJR Daily (Free subscription) | yesterday

Treasury Secretary Tim Geithner did his best on ABC News’s “This Week” to shoot down Moody’s speculation that the U.S. government could lose its triple-A bond rating. Bloomberg follows with a detailed analysis of the long-term strength of the dollar (based on the handy Bloomberg Correlation-Weighted Currency Indexes), and why the greenback retains its position as the...

HJR 1006: Two-Thirds Vote on New Taxes -- Fiscal Disaster to Follow

Madville Times (Free subscription) | yesterday

South Dakota's constitution already requires a two-thirds vote of the Legislature to pass any increase in our property, income, or sales taxes. We can increase those taxes by a simple majority on a ballot initiative... but circulating petitions and winning a statewide campaign is arguably harder than jawboning 70 legislators who pay more attention to fiscal realities (pundits, fire away on that hypothesis!)....

Kansas House panel reviews tax credit reform

San Fransisco Chronicle (Free subscription) | 1 hour ago

A Kansas House committee considered a proposal Tuesday that would eliminate some seldom-used income tax credits and improve efficiency within the Department of Revenue. The panel heard from Revenue Secretary Joan Wagnon about several programs designed to... Income tax - Tax credit - Kansas Department of Revenue - United States congressional committee - Taxation

• Kansas House panel reviews tax credit reform - Seattle Times
• Kansas House panel reviews tax credit reform - Seattle Post-Intelligencer

How to Do Your Taxes For Free, Even if You’re in High School

The Young Professional Blogs Aggregator (Free subscription) | 9 hours ago

If you held a job during 2009 and received a funny looking piece of paper in the mail called a “W2″, you might just be able to get some money back from Uncle Sam. All you have to do is…file your taxes. I know, it sounds scary. Taxes are something adults do right? Adults with fancy [...]

Super Yachts - "International Waters" - Admiralty Marshal - HM Crown Royal Courts of Justice - Carroll Trust National Security Case

carrolltrust | 04/02/2010

Carroll Marine Global Corporation the civilian and military marine arm of the Carroll Global Corporation an underlying main structure of the Carroll Foundation Charitable Trust has been named as a further primary victim in Britain's biggest longest running organised criminal conspiracy money laundering tax evasion crime case in modern economic history. Carroll Global Corporation Carroll Marine Global

Home Secretary Alan Johnson MP "Pressure Mounts" in the UK's National Security Carroll Trust Billion Dollars Tax Evasion Case

carrolltrust | 02/02/2010

The UK Inland Revenue & Customs officers "in concert" with US IRS high level officials are completing an exhaustive investigation into the rapid break-up and liquidation of a multi-national industrial and philanthropic conglomerate which once boasted assets totalling over one billion dollars under the umbrella of the Carroll Foundation Trust and the Carroll Global Corporation being the main world wide

Lord Myners City Minister named in Forged Coutts Bank Carroll Trust Billion Dollars Bank Accounts Case

carrolltrust | 29/01/2010

Lord Myners the newly appointed UK Government Minister responsible for the City of London banking and financial regulatory reform programme and a former director of the Royal Bank of Scotland's Coutts Banking arm has been named with Lord Home the Chairman of Coutts in compelling criminal evidence dossiers containing the forged and falsified Gerald Carroll Trust Coutts Bank Accounts which impulsed the