In the wake of ever deeper budget cuts, public schools have begun charging students for basics, such as registering for honors or elective classes.
posted by reenum on May 26, 2011 - 100 comments

The Destruction of Economic Facts - "Renowned Peruvian economist Hernando de Soto argues that the financial crisis wasn't just about finance—it was about a staggering lack of knowledge" (via) [more inside]
posted by kliuless on May 23, 2011 - 35 comments

9 Things The Rich Don't Want You To Know About Taxes - "4. Many of the very richest pay no current income taxes at all: Paulson made himself $9 billion in fees in just two years. His current tax bill on that $9 billion? Zero... 9. Other countries do it better: no one in Germany or the rest of the modern world goes broke because of accident or illness" (via) [more inside]
posted by kliuless on Apr 18, 2011 - 191 comments

With the crackdown on smoking and higher cigarette taxes in New York City, people who sell individual cigarettes, also known as loosies, are rapidly gaining new customers.
posted by reenum on Apr 5, 2011 - 69 comments

In Norway, Start-ups Say Ja to Socialism - We venture to the very heart of the hell that is Scandinavian socialism—and find out that it's not so bad. Pricey, yes, but a good place to start and run a company. What exactly does that suggest about the link between taxes and entrepreneurship?
posted by kliuless on Jan 20, 2011 - 52 comments

Jonathan Blattmachr, one of the country's leading estates and trusts experts, feels that helping his clients reduce their tax liability helps the IRS close loopholes that he and his colleagues use. As with most attorneys, there are some clients who weren't happy with his work, but Mr. Blattmachr pushes on with his efforts.
posted by reenum on Dec 29, 2010 - 18 comments

Bruce Bartlett, senior policy analyst in the Reagan White House, speaks out against Republicans - The monumental hypocrisy of the Republican Party is something amazing to behold. And their dimwitted accomplices in the tea-party movement are not much better. They know that Republicans, far more than Democrats, are responsible for our fiscal mess, but they won't say so. And they adamantly refuse to put on the table any meaningful programme that would actually reduce spending. Judging by polls, most of them seem to think that all we have to do is cut foreign aid, which represents well less than 1% of the budget. [more inside]
posted by kliuless on Jul 26, 2010 - 156 comments

Tax authorities using social networks to find tax cheats Yet another reason to be careful who you accept a friend request from.
posted by reenum on Aug 30, 2009 - 25 comments

The Next New Deal With the vaunted post-Cold War "Peace dividend" evaporating, the United States found itself unable to invest adequately in either its infrastructure or its children. Eventually people began to talk of another Great Depression, before the coming of the next New Deal.
posted by Kwantsar on Oct 1, 2008 - 8 comments

Cost of Government Day - "n. the date of the calendar year, counting from January 1, on which the average American has earned enough in cumulative gross income to pay for his or her share of government spending (total federal, state, and local) plus the cost of regulation."
posted by Gyan on Dec 3, 2006 - 16 comments

Screwing the young. American government benefits will give a typical man reaching age 65 today a net windfall of more than $70,000 beyond what he paid in. A luckless 25-year-old, by contrast, can count on paying $322,000 more in payroll taxes than he will ever get back in benefits.
posted by NortonDC on Dec 10, 2003 - 36 comments

Rumors abound about the legality of the IRS, and about people who've managed to avoid paying income taxes based on the lack of legality of the IRS itself. Is any of this real, or simply people trying to make a buck selling a book or two? And if the IRS is fraudulent, what can a citizen without massive fundage do to fight it?
posted by woil on Aug 25, 2003 - 30 comments

I'm curious, isn't this exactly opposite of what we're being told? I'm always hearing the wealthy are benefitting somehow from GWB's new tax plan. I'm certainly no-where near the top 5%, and now I don't want to be.
posted by the_0ne on Apr 9, 2002 - 54 comments

"The sky won't fall, it will probably just trickle down." On whom? (Guess who.) Out here in Washington State voters just approved another in a series of initiatives that, collectively, choke off the state government's primary funding sources. What else are the results of the initiative process around the country? And are The People responsible enough to be trusted with it?
posted by argybarg on Nov 8, 2001 - 30 comments

Congressman Ron Paul (R-TX) has introduced into the house HJR 45, being termed the Liberty Ammendment, which would not only expressly prohibit the federal government from engaging in any enterprise except as provided for in the Constitution, but would also repeal the 16th Ammendment. [That's the one that made legitimate the income tax, after the US had managed to survive without one for a century and a half]
posted by jammer on May 8, 2001 - 29 comments

A $21 Trillion Tax Cut
And you thought the Democrats hated President Bush's tiny $1.6 trillion tax cut. James Ostrowski offers a $21 trillion tax cut and thinks the government could be fund through voluntary donations. I'm a small-government guy, but even I don't think you can fund the government via PayPal or Amazon.
posted by shackbar on Mar 22, 2001 - 9 comments