No Net Taxes? Why Not? – Someone who thinks taxing Internet service is no big deal. The problem with this kind of logic — defending a new tax as inconsequential because it’s only a few dollars a month per person — is the fact that everyone tries to get into that act. Unless a line is drawn in the sand, before you know it, there are hundreds of new such taxes, adding hundreds or thousands of dollars to everyone’s monthly tax burden.
Archive for May, 2004
Posted by taxguru on May 3, 2004
Treasury, IRS Warn of Identity Theft Scheme Involving Bogus E-mail, Web site – Similar to the dozens of info phishing scams that arrive in our emails each day pretending to be from eBay, PayPal, Microsoft and CitiBank.
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Posted by taxguru on May 2, 2004
Virginia Republicans under fire for pro-tax position – Thus, the Scarlet T.
Finance: Should You Prepay Your Mortgage? – Rather than simply base a decision to pay off a mortgage on the interest rates, I always caution people against being “real estate rich and cash poor.” Putting all of your money into your home can often be counter productive. It’s a good feeling having some available cash for emergencies and unexpected opportunities. Often, paying off a mortgage is like a one way valve. It may be difficult or impossible to borrow that money back out later, if the need arises.
Using an Annuity to Play the Medicaid Game – Converting assets to annuities has long been a stock tool in impoverishment planning to help people qualify for programs like MedicAid.
Budget balanced illegally, court says – Oregon taxpayers could be receiving some refunds of their 2001 taxes.
Why Sept. 11 brought us bigger government–and why that’s a bad thing
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Posted by taxguru on May 1, 2004
Taxpayers Win Major Battle in Fight for a Tax Free Internet
Study: Lawmakers Lament Deficits but Most Draft Bills to Boost Budget Higher – They’re hopelessly addicted to pork.
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