Articles in the Taxes Category

HJR 36: Restore justice to the Missouri tax code!

May 4th, 2009

rep-ed-emery_reducedThe MO Fair Tax plan is a proposal to restore personal liberty, government transparency and fiscal accountability back into Missouris tax code. It results in a real pay raise for residents, empowers the

California Crisis; Who is Voting for the New Budget?

February 16th, 2009

californiastatecapitol1In a statement that seems reminiscent of a recent federal bill that had a little something to do with economics, the Republicans seem to be the ones resisting the proposed budget plan. There is one Republican supporting

Economic Stimulus Plan; Where is the Change?

February 11th, 2009

450px-poster-sized_portrait_of_barack_obamaReading through President Obamas economic stimulus bill is no small task. At 778 pages, its bigger than the final Harry Potter book and lets face it, its far less interesting. Thats why others

An ill conceived effort for an automaker bailout appetizer

November 25th, 2008

US automakers have been falling behind foreign competitors at an increasingly rapid rate over the past few years. Once the Japanese engineering genius Toyota was able to conquer the SUV…

GAO report finds most companies get around fed income tax; Good for them…

September 4th, 2008

Income Tax LegislationIn a recent report conducted by the General Accountability Office (GAO) it was found that roughly two thirds of US corporations found ways to avoid paying federal income taxes between the years 1998 and 2005. Additionally, it was found that 68 percent of foreign companies doing business in the United States partook in the same exercise. The report was initially requested by Senators Byron L. Dorgan (D-ND) and Carl Levin (D-MI). Many people believe that it is unfair for these corporations to avoid such a tax but considering the complexities and time spent on complying, why wouldn’t they?