Will Vote On Short-Term Debt Limit Suspension Wednesday – Boston Globe
As a citizen and as a stock analyst, I like to see
corporations paying taxes. As a citizen, I figure that if Apple Inc. paid $14
billion in taxes last year (mostly to the United States), that might keep my
own tax bill from climbing too much.
Derek Jeter's palatial mansion in Florida has taxes hit out of the park in 2012
after construction is completed – NYDailyNews.com
Tax assessor raises tax bill to $265,000 for $12 million
seven-bedroom, nine-bathroom Tampa home with yacht docks, two three-car
garages, a spa and pool.
Considers 167 Percent Cigarette Tax Hike – Tax Foundation
Legislation was introduced recently
in the Wyoming legislature that would raise taxes on cigarettes by $1 per pack.
Tax Benefits Later Cost You Now? – Tick Marks
Russell Holcombe, an Atlanta-based financial planner,
identifies four investment vehicles with long-term investment potential which
may have short-term shortcomings. His
"yellow lighted" investments include: Roth IRA investments (federal
exemption of Roth distributions may not apply at the state level); 401[k] plans
(remember that tax penalties may apply if you need this money before 60); debt
(remember the interest cost and the inflexibility of debt payments) and college
plans such as 529 plans (taxes are saved to be sure--but money is tied up for
about 20 years AND your child will need to qualify for and choose to attend a
qualifying educational institution).
Apologizes for “Insensitive” Tax Comments
Golfer Phil Mickelson, who makes $40 million to $50 million
a year, said he was unsure Wednesday about whether to leave California for a less
taxing state and that it was "insensitive'' to air his opinions publicly.
on the Fiscal Cliff – The Greenhornet
Hopefully over the last several weeks, you’ve been paying
attention to the debate going on in our nation’s Capitol about this thing
called, “The Fiscal Cliff”.