Going Green with Cap and Trade!

The government is going green with cap and trade legislation! Kinda… Calculate your Cap and Trade tax burden! Visit the Tax Foundation website: http://www.taxfoundation.org LYRICS: We’re gonna… Cap and trade all carbon emissions gonna cap and trade that will be our mission We’re gonna cap and trade see what I mean the government is going […]

What Is Tax Deferral?

The Obama Administration is proposing to raise more than $100 billion from American multinational corporations by limiting in some way the ability of U.S. companies to defer tax on profits earned abroad. The premise behind the proposal is that by raising the taxes paid on the foreign profits of U.S. companies earned abroad, the companies […]

Nanny Tax Rap

Plenty of “sin taxes” have been proposed this past year: an 18 percent tax on non-diet soda (NY), a 7 percent poured drink tax (Pittsburgh), a 5 cent bottled water tax (Chicago), an 1800% hike in beer taxes from $1.30/keg to $24.80/keg (OR), a $5 chage on entries into strip clubs (TX), etc. Well, no […]