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FRIDAY, NOVEMBER 20, 2009
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NEWS ABOUT: taxes

taxes stories: 159 news summaries

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Plastic Surgeons Make Faces Over Health Care Tax

Senate bill calls for 5% levy; critics cry sex discrimination

11 hours, 18 minutes ago
(Newser) - Plastic surgeons want to do a little work on the Senate health care bill, nipping off a 5% tax on elective cosmetic procedures. The tax, expected to raise as much as $6 billion, wouldn’t apply to anyone trying to repair a deformity caused by birth defect, injury, or disease.... More »

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plastic surgery • taxes • health care reform

GPS Will Track Dutch Drivers for Per-Mile Tax

Those who drive on congested roads at peak hours will pay more

Nov 14, 09 3:03 PM CST
(AP) - The Dutch government plans to bring the polluter-pays principle into the home garage. Rather than an annual road tax for their cars, drivers will soon pay a small sum for every mile on the road—a plan aimed at breaking chronic traffic jams and cutting carbon emissions. GPS devices installed... More »

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taxes • Netherlands • GPS • Dutch government • drivers

 Nicolas Cage 
 Selling Vegas 
 Mansion to 
 Cover Debt 

Actor owes IRS $6.6M, is suing former manager

Nov 3, 09 2:56 PM CST
(Newser) - Nicolas Cage must sell his $10 million Las Vegas mansion to help cover the $6.6 million he owes to the IRS in back taxes and penalties. The Nevada estate is just the latest property Cage has been forced to put up for sale to cover his mounting debt, and... More »

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taxes • debt • Nicolas Cage • back taxes • Nicolas Cage broke

ELECTION DAY

 Gay Marriage to Gambling: 
 Key Ballot Initiatives 

Two states vote on taxpayer bills of rights, to curb spending

Oct 27, 09 4:24 AM CDT
(Newser) - Voters in six states will head to the polls next Tuesday to decide ballot initiatives on everything from medical marijuana to livestock care. The Atlantic lists some of the most interesting, and the most likely to reverberate across state lines.
  • Question 1, Maine. Maine voters are being given
... More »

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gay marriage • taxes • Ohio • casino • Maine • Washington state • referendum • ballot initiative • Election 09

 New Trouble for Rangel: 
 Ethics Panel Widens Probe 

Investigation will cover amended financial reports

Oct 8, 09 5:05 PM CDT
(Newser) - The House ethics committee is expanding its yearlong investigation of Charles Rangel to look at amended financial disclosure forms he filed earlier this year. Rangel, who chairs the Ways and Means Committee, filed the reports in July to account for $600,000 in previously undisclosed assets, reports Politico. The development... More »

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ethics • taxes • House of Representatives • Democrat • Charles Rangel

Island Rum
Fight Fattens Rangel's Coffers

Campaign cash pours in from Puerto Rico, Virgin Islands

Oct 6, 09 1:30 PM CDT
(Newser) - Charles Rangel’s campaign coffers are bulging with campaign cash from Puerto Rico and the Virgin Islands, but he insists that’s in no way influencing his decision on the competing rum tax bills each territory is pushing. “Besides Puerto Rico, you are the only one who has asked... More »

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taxes • Charles Rangel • Puerto Rico • rum • Virgin Islands • subsidies

Social Security Faces Grim Forecast for 2010, 2011

Payouts will exceed tax receipts for first time since 1980s

Sep 27, 09 4:40 PM CDT
(AP) - Big job losses and a spike in early retirement claims from laid-off seniors will force Social Security to pay out more in benefits than it collects in taxes the next 2 years, the first time that's happened since the 1980s. The deficits—$10 billion in 2010 and $9 billion in... More »

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taxes • retirement • disability • deficit • unemployment • baby boom • Social Security • budget deficit • retirement benefits

(Newser) - The many states hoping gambling will revive their troubled budgets are in for an unpleasant surprise, writes Nate Silver for Esquire. Gambling is supposed to be recession-proof, but that hasn’t been the case this time. "The year 2008 was the first time in history that total casino gaming... More »

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California • taxes • gambling • Las Vegas • Pennsylvania • casino • Delaware • Nevada • Nate Silver • state budgets

Time May Be Right to Talk Raising Taxes

In poll, less than half
of Americans say
they pay too much

Aug 7, 09 9:51 AM CDT
(Newser) - If the administration must raise taxes, now could be its big chance, NPR reports. Only 46% of Americans in a recent Gallup poll said their taxes were too high—the smallest fraction since 1961. “Americans, relatively speaking, are more satisfied with the amount of taxes they pay than they... More »

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taxes • White House • middle class • tax hikes • tax policy • Obama administration • Treasury secretary • Robert Gibbs • President Obama • Timothy Geithner

TALK SHOW ROUNUP



 Geithner Won't 
 Rule Out 
 Middle Class 
 Tax Hike 

Romer says the economy hasn't bottomed yet

Aug 2, 09 10:00 AM CDT
(Newser) - President Obama’s top economic advisers fanned out across the Sunday talk shows today, with Tim Geithner leaving open the possibility that Obama would renege on a campaign promise not to raise taxes on the middle class. “We’re going to have to do what’s necessary” to revive... More »

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health care • Barack Obama • taxes • economy • Timothy Geithner • Christina Romer • Cash for Clunkers

Interview

Anti-Business? Didn't I Just Bail You People Out?

Obama rips financial- industry critics, refutes 'stereotypes' on Dems

Jul 30, 09 10:46 AM CDT
(Newser) - President Obama says anyone calling him “anti-business” has an awfully short memory. “It was just three or four months ago when, at great political expense, we yanked them out of the fire,” he tells BusinessWeek in a lengthy interview. And of Chrysler and General Motors bondholders, “... More »

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Barack Obama • Chrysler • taxes • General Motors • bailout • interview • President Obama • economic policies • anti-business

Oakland First City in Nation
to Pass Pot Tax

Voters back levy on medical marijuana that could raise $1M

Jul 22, 09 7:17 AM CDT
(Newser) - In a landslide, Oakland voters yesterday made their city the nation's first to levy a special tax on medical marijuana, the Los Angeles Times reports. By an 80% margin, voters backed a tax of $18 on every $1,000 in pot sales, a move that may catch on in other... More »

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drugs • taxes • medical marijuana • marijuana • Oakland • taxation

Health Care Surtax on the Chopping Block

Dems waffle on high-income tax; timetable cloudy

Jul 21, 09 7:54 AM CDT
(Newser) - Democrats are growing queasy about their plan to tax the wealthy to help pay for health care reform, the New York Times reports. Nancy Pelosi yesterday suggested revising the contentious provision so that fewer households would have to pay the surtax. Under the current House draft, individuals earning more... More »

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Nancy Pelosi • health care • Congress • taxes • Harry Reid • House of Representatives • health care reform • congressional Democrats • House Democrats

(Newser) - Over the last few elections Democrats have captured House seats from the GOP in some of the wealthiest constituencies in the nation, from northern Virginia to suburban Denver. But as the White House and leaders in Congress look to tax hikes to fund the health care overhaul, recently elected congressmen... More »

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Congress • taxes • House of Representatives • health care reform • rich • Democratic Party • House Democrats • tax hikes

Sanford Disappeared Last Year, Too, Emails Show

Commerce secretary didn't know where to reach guv

Jul 16, 09 11:48 AM CDT
(Newser) - Mark Sanford’s recent Argentine excursion wasn’t the first time he had gone missing: His commerce secretary didn’t know where to reach him in June 2008, either, emails reveal. “Need contact number for (Sanford) ASAP,” the secretary wrote to a Sanford staffer on the 28th—a... More »

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taxes • email • South Carolina • affair • infidelity • adultery • governor • economic stimulus package • political scandal • Mark Sanford • Maria Belen Shapur • Republican governor

OPINION

Obama Must Tax Employer Health Insurance

To pay for new system, he must tax old 'crazy' one: Reich

May 26, 09 12:25 PM CDT
(Newser) - During the campaign, Barack Obama was scathing about John McCain’s plan to tax employer-provided health benefits. But Obama’s going to have to bite the bullet and tax them himself if he wants to pay for his own health care initiative, writes Robert Reich in Salon. Now that Congress... More »

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Barack Obama • health insurance • taxes • health care reform • Robert Reich • Obama administration

Inspector Finds IRS Lax in Disposing of Sensitive Docs

Agency vows oversight of waste contractors

May 21, 09 11:03 AM CDT
(Newser) - Sensitive documents that could be used to steal taxpayers’ identities were found in trash bins outside several Internal Revenue Service bureaus visited during a months-long government inspection, Reuters reports. Because of the findings, the IRS has increased oversight of the contractors responsible for its waste. Identity theft is an increasing... More »

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security • taxes • IRS • identity theft • taxpayers

OPINION

 Soda Tax Makes Good Sense 


May 20, 09 10:49 AM CDT
(Newser) - The soda tax is a great idea, and its probable death at the hands of lobbyists serves to highlight all the problems with our tax system, writes David Leonhardt in the New York Times. The current system doesn’t raise enough money, and it’s “complex in all the... More »

MORE ABOUT:
obesity • health care costs • taxes • diabetes • public health • soda • sugar • lobbyists • corn syrup • soda tax

 Proposed Tax 
 No Fair, 
 Brown U. 
 Students Say 

Providence mayor wants to charge them $300 a year

May 13, 09 3:47 PM CDT
(Newser) - Students at Brown University say they contribute to their community in countless ways, and a proposed $150-per-semester tax shouldn’t be one of them, the AP reports. “We’re more able to provide labor, we’re more able to apply the things that we're learning in the classroom, than... More »

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taxes • budget • mayor • Rhode Island • colleges and universities • Brown University • budget deficit • Providence • students • David Cicilline

 Congress Weighs Soda Tax 

A few cents on every can could improve health

May 12, 09 7:41 AM CDT
(Newser) - With health care reform expected to run the government around $1.2 trillion, Congress is looking for ways to pay for it. A new idea bouncing around Capitol Hill is a soda tax, reports the Wall Street Journal. “Soda is clearly one of the most harmful products in the... More »

MORE ABOUT:
obesity • Congress • health care costs • taxes • soda • sugar • Jay-ZTV • soda tax

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