Customs Valuation and Transfer Pricing: Is it Possible to Harmonize Customs and Tax Rules? (Series on International Taxation)
SayUncle (Free subscription) | 19/11/2009
Andrew Napolitano: We do not have two political parties in this country, America. We have one party; called the Big Government Party. The Republican wing likes deficits, war, and assaults on civil liberties. The Democratic wing likes wealth transfer, taxes, and assaults on commercial liberties. Both parties like power; and neither is interested in your freedoms. They [...]
Tim Worstall (Free subscription) | 11/11/2009
Let’s have a financial transfer tax on sums that move through CHAPS. This tax has everything going for it. Note: I advise the TUC on tax matters The proposal is here: A transaction tax of 0.05 per cent would have raised £37 billion in 2008, but would only impose a very modest charge on each individual transfer. A tax [...]
KY3 News (Free subscription) | 11/11/2009
A statewide group is trying to head off a tax currently collected in 37 states -- but NOT Missouri. It's considered a pre-emptive strike against a tax that could hit you if you sell your home. It's called the real estate transfer tax -- and Missouri realtors call it unfair double taxation. That's why they're getting behind a ballot initiative to change the constitution to bar it from ever coming to...
About Economics (Free subscription) | 10/11/2009
a.k.a. Mike Moffatt's one cent health care plan - a continuation of an earlier post - The Health Risks of Obesity . A RAND study suggests that obesity causes an increase in chronic medical conditions of 67 percent. Similarly living in poverty increases the rate of chronic medical conditions of 58 percent. These naturally lead to an increase in costs to health care: Obese individuals spend more on both...
2008 Democratic Convention Watch (Free subscription) | 10/11/2009
Sunday was a beautiful day: warm and sunny. A great park day. And so it was that my brother, sister-in-law, nieces and my beloved pup were at the local park. Whenever I mention this park, the next words that fall out of my mouth are "20 million dollar bond issue." I love the park, with its multiple playgrounds (one all-access), putting green, min hatch shell, playing fields, dog field, walking...
WPPA & WAVT LOCAL NEWS (Free subscription) | 06/11/2009
CREWS CALLED TO FIRE ON STEVENS ROAD FIRE CREWS WERE CALLED OUT TO A STRUCTURE FIRE EARLY TODAY IN WEST BRUNSWICK TOWNSHIP. THE CALL CAME IN JUST BEFORE 5AM FROM SCHUYLKILL COUNTY COMMUNICATIONS TO REPORTS OF A HOUSE FIRE ON STEVENS ROAD. NO OTHER DETAILS ARE AVAILABLE RIGHT NOW. DIFFICULT BUDGET FOR COUNTY SCARBINSKY 1 THAT'S SCHUYLKILL COUNTY ADMINISTRATOR MARK SCARBINSKY, COMMENTING ON THE DIFFICULT...
THE CENTRIST (Free subscription) | 03/11/2009
It may be a new fiscal year, but Pennsylvania is stuck in the same fiscal rut. The state is spending more money than it takes in. That practice led to a record budget deficit last year and caused a 101-day budget impasse. It appears Gov. Rendell and the Pennsylvania Legislature haven't learned a thing. New figures released Monday by the Pennsylvania Department of Revenue show fiscal year-to-date General...
This is Guernsey (Free subscription) | 30/10/2009
WHEN it was introduced not long ago, Sark’s Property Transfer Tax was seen by many – although never officially described as such – as being a bit of a panacea in terms of how it would make a beneficial difference to the island’s finances.
distributorcap NY (Free subscription) | 30/10/2009
the insanity of Glenn Beck and..... In 1984 under Ronald Reagan, Social Security benefits became subject to income taxes. Up to 50% of all benefits are taxable if income from retirement and investments exceeds $25,000. That level has not been changed in 25 years – over 35% of all retirees pay taxes on taxes they paid while working. Realized capital losses are deductible from ordinary income,...
Finest Football (Free subscription) | 24/10/2009
The Eastwood Eagles have successfully sold transfer listed Kohl to German club Auma Bär. The deal was worth £4.95 million and took the Eagle’s cash total to a little over £8.9 million. David Hersham has seen it fit to begin making changes and has told reporters that he is not afraid to incur the 20% midseason transfer tax. Kohl transferred to the Eagles from Solares in Season...
Wash Park Prophet (Free subscription) | 16/10/2009
A study of the relative importance of different kinds of taxes , like sales taxes, property taxes and income taxes, in the overall state and local tax basis, finds that Colorado is typical of the nation. State And Local Tax Mixes Vary Widely There is no one right way to do state and local taxation. Few areas of law show more variety between the states, and even regional trends are elusive. Washington...
The Urbanophile (Free subscription) | 16/10/2009
I mentioned in a previous post that the Chicago Transit Authority is facing a $300 million deficit next year . This prompted another in a recent series of "doomsdays". As of now, the gap would be closed by raising L fares to $3, bus fares to $2.50, transferring money from capital to operating, eliminating express routes, reducing hours of service, and reducing bus headways to as long as 30...
Politics (Free subscription) | 10/10/2009
By Ryan Thomas Riddle A decision is expected next month in the high-stakes battle between the Archdiocese of San Francisco and Assessor-Record Phil Ting, which will determine whether the church will pay out millions in transfer taxes. On Thursday,...
Religion Clause (Free subscription) | 09/10/2009
The San Francisco Bay Guardian reports on a hearing yesterday before the city's Transfer Tax Review Board. At issue is somewhere between $3 million and $15 million in transfer taxes that the city says are due from the San Francisco Catholic Archdiocese as a result of its transfer last year of some 233 properties to two new Catholic non-profit holding companies. According to yesterday's SF Appeal, apparently...
U.S. PIRG Consumer Blog (Free subscription) | 06/10/2009
In a letter today to a Senate Appropriations Subcommittee, U.S. PIRG called for elimination of a corporate tax loophole slipped into the language of the 2010 Senate’s Appropriations bill for Financial Services and General Government that would benefit companies that do business in the U.S. but set up a shell company outside the country to avoid taxes. From the letter from U.S. PIRG tax expert...
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