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November 23, 2008 3:14:48 AM CST

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federal income tax news stories

5 Stories

 What's Your Salary? 
 In Sweden, It's No Secret 

In Scandanavia, everyone's pay is made public

USA Today USA Today Jun 19, 08 7:15 PM CDT
(Newser) - In America, tax information is kept private by law. In Sweden, "you can see what your brother-in-law made, your neighbor made," says one Justice Ministry official. Like its Scandinavian counterparts Norway and Finland, Sweden makes all tax returns public every year—and no one seems to care, reports USA Today . More »

More about:  taxes • Norway • Sweden • Finland • federal income tax

 Feds Probe Al for
 $1.5M in Back Taxes 

Sharpton dismissed move as a 'try to intimidate us'

Associated Press Associated Press May 9, 08 8:31 PM CDT
(Newser) - Washington is investigating Al Sharpton and his companies for nearly $1.5 million in back taxes and penalties, the AP reports. Sharpton, who has been negotiating the size of his federal debt, brushed off the government's latest move today. “Whatever retaliation they do on me, we never stop," the civil rights agitator said. "I think that that is why they try to intimidate us." More »

More about:  presidential campaign • US attorney • Al Sharpton • federal investigation • federal income tax • tax records • Election 2004

 Obama Earns $3.9M in Royalties 

His book sales continue to soar

USA Today USA Today Apr 16, 08 10:08 PM CDT
(Newser) - Barack and Michelle Obama earned $4.2 million last year, mostly from royalties from Obama's two books, Dreams From My Father and the Audacity of Hope . The Obamas' newly released returns for 2007 show they paid $1.4 million in federal taxes and gave $240,370 to charity, USA Today notes. His book sales have skyrocketed since he became a national figure. More »

More about:  Barack Obama • Hillary Clinton • Bill Clinton • book • Michelle Obama • IRS • tax returns • federal income tax • royalties

 Top 10 Beers for a Tax(ing) Day 

Best brews to drown post-tax woes

The Snitch Apr 15, 08 1:10 PM CDT
(Newser) - What better time to drown your woes in beer than tax day? Whether you're mourning the death of your bank account or dropping some of that refund, SF Weekly put its spin on Draft magazine's top booze for the occasion: Abita Turbodog tastes far better than TurboTax Nothing's more patriotic than Sam Adams Utopias Stoudt's Fat Dog Stout: At 9% ABV, it'll be April 16 before you know it More »

More about:  list • taxes • beer • tax returns • federal income tax • Sam Adams

Huckabee Woos Voters With
23% Sales Tax

'Fair tax' would
abolish IRS, and be
a windfall for the rich

Los Angeles Times Los Angeles Times Dec 24, 07 12:00 PM CST
(Newser) - Supporting a 23% sales tax ought to be political suicide, but Mike Huckabee is making it work, the Los Angeles Times reports. Huckabee has championed the so-called “fair tax,” a radical proposal that would abolish the federal income tax and tax spending instead. The plan favors the rich, but by tapping into America’s hatred for the IRS, it has helped vault Huckabee into the top tier of candidates. More »

More about:  Election 2008 • Mike Huckabee • taxes • IRS • federal income tax • sales tax • fair tax

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