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Daley Details Budget Badness

After much hand-wringing, doomsdaying and speculation, Mayor Daley and his administration finally laid out how serious the city's budget deficit is. The city's 2009 budget has a $420 million gap and the mayor is saying nothing, except an increase in real estate taxes, is out of the question. That includes as many as 1,800 layoffs. "We’re not gonna speculate on the number of layoffs or if they are...

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The Smartest (Con) Man in the Senate

Does he think that them thar farmer folk are a bunch of red-neck rubes? Sununu introduced himself as an engineer who had worked in small business and who had focused on paring down federal taxes and regulation. In particular, he railed on the estate tax, dubbed the "death tax," which he said put pressure on farmers to sell to developers. I always love it when protectors of the rich try to scare farmers...

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iowas newz liter: (Down on) The Corner

25 Reasons You May be a Racist 1.If you think Obama's the most liberal member of the senate you...may be a racist. 2.If you object to Obama raising your payroll, capital gains and estate taxes you...may be a racist. 3.If you'd [...]

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Is This How Tax Laws Are Created?

Last week, in Why This New Tax Provision? , I asked why Congress had complicated the Internal Revenue Code, tax return filing, tax forms, instructions, and the tax law by adding a new above-the-line deduction for a small portion of real estate taxes, and invited the member of Congress who inserted the provision into the legislation to educate me on what transpired during the legislative process with...

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Regional Review Magazine, Quarter 3, 2003

A quarterly magazine covering economic issues with style and substance. Regional Review features in-depth articles on topics such as immigration, credit card debt, the estate tax, and the future of New England's fishing industry. Opinion pieces, book reviews, economic analyses, and reports from cities and towns in the region are also featured. We make economics interesting.

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Estate taxes pose little threat to Steeler ownership

As the Rooney family prepares to meet with NFL Commissioner Roger Goodell to discuss a possible ownership change in the Steelers, the federal estate tax may turn out to be the least important factor affecting the team's future, tax experts and some family members say.

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Tax man's harder on poor Mike Bloomberg

Even Mayor Bloomberg, possibly the richest man in the city, felt the sting of higher costs for household help and real estate taxes last year, according to his 2007 tax returns released Friday.

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Rizq رزق

Rizq William, one of the real estate tax strikers, and a professional photographer, snapping photos while bellydancing on top of a chair during Islam’s wedding…

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The dumbing down of racism

Thank you Obama... Thank you Barack-ists. Thank you: 1.If you think Obama's the most liberal member of the senate you...may be a racist. 2.If you object to Obama raising your payroll, capital gains and estate taxes you...may be a racist....

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Estate planning for minors

Carmina Y. D'Aversa (estate tax attorney with the International Estate Tax Group of the Internal Revenue Service in Washington, D.C.) has published her book entitled Tax, Estate, and Lifetime Planning for Minors. Here is a description of her book: Numerous...

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Sheds to be taxed for first time

In what appears to be an unprecedented move, the Middleborough assessors' office this fall will tax sheds in the town's three mobile home parks. Because they arrive on wheels, mobile homes are classified as vehicles and are exempt from real estate taxes. Owners instead pay excise tax, which totals a mere $144 per year. Assessor Barbara Erickson said her board ...

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The Obama Racist Test

1.If you think Obama's the most liberal member of the senate you...may be a racist. 2.If you object to Obama raising your payroll, capital gains and estate taxes you...may be a racist. 3.If you'd prefer a president have at least some foreign policy experience you...may be a racist. 4. If you're in favor of drilling for oil and building nuclear power plants you...may be a racist. 5. If you think "Vero...

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Paris Hilton Responds

John McCain's recent television ad compared Barack Obama to Paris Hilton, as an empty-headed celebrity. This must have made Ms. Hilton mad, so even though her parents are McCain contributors and McCain supports eliminating the estate tax so she can keep all her family's money, she made this ad mocking the Senator: See Paris Hilton Responds to McCain Ad and more funny videos on FunnyOrDie.com See more...

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The estate tax: McCain vs. Obama

For a tax that each year affects only a few hundred of the nation's 27 million small companies, the estate tax manages to scare an outsize number of entrepreneurs: In a July Zogby poll of small-business owners, nearly half said they believe they will be affected by the fee critics call "the death tax."

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Florida headed for more deficits

Florida's sagging economy will push state government back into the red this month and force Gov. Charlie Crist to either further cut spending or tap deeper into the state's reserves. Florida's sales and real-estate tax revenues have continued to plummet...