Source: IRS Halts Controversial New Rule Requiring Reporting of $600 Payments
The Internal Revenue Service (IRS) on Friday announced it would delay a rule that would have required tens of millions of Americans who received payments of at least $600 to report their earnings, following widespread confusion and angst about the... Read moreArchive for the ‘Tax Issues’ Category
IRS Halts Controversial New Rule Requiring Reporting of $600 Payments
December 24 | Posted by mrossol | Big Govt, IRS, Tax IssuesWelcome to the ‘Hotel Seattle’
June 23 | Posted by mrossol | American Thought, Business, Economics, Losing Freedom, Politically correct, Ruling Class, Tax Issues, The LeftAnd you were thinking about moving west… WSJ 6/22/2020 Seattle’s City Council prides itself on being an early adopter of new business mandates. Seattle was the first major U.S. city to adopt a $15 minimum wage and one of the first to require businesses to provide paid sick leave. The City Council achieved another first last week, when it unanimously enacted an... Read more
WHO SHOULD BAIL OUT NY?
May 18 | Posted by mrossol | Big Govt, Party Politics, Tax Issues, UnionsWSJ 5/18/20220 Democrats want a $915 billion budget bailout for states and cities, and the leading lobbyist is New York Governor Andrew Cuomo. His main public antagonist on the subject is Florida Senator and former Governor Rick Scott. Both men were first elected Governor in 2010, so let’s do the math to consider which state has managed its economy and finances... Read more
Income inequality?
November 4 | Posted by mrossol | American Thought, Economics, Tax IssuesHelp me understand.. The Truth About Income Inequality – WSJ 11/4/2019 By Phil Gramm And John F. Early Never in American history has the debate over income inequality so dominated the public square, with Democratic presidential candidates and congressional leaders calling for massive tax increases and federal expenditures to redistribute the nation’s... Read more
Nickel-and-Diming Democrats – WSJ
February 23 | Posted by mrossol | Democrat Party, Tax IssuesTax everything, if it moves or not. ====== Democrats claim they will pay for their cradle-to-grave welfare state by soaking the rich, but progressive states are now graciously showing that they will eventually try to dun everyone. Witness how Democrats are nickel-and-diming taxpayers like budget airlines without the service. Like predecessor Dannel Malloy, new Connecticut Gov. Ned Lamont promised not to raise taxes.... Read more
Antitrust vs Apple
November 27 | Posted by mrossol | American Thought, Economics, Tax IssuesI am not sure I fully agree, but this article is worth consideration. ====== WSJ 11/24/2018 Technology advances at warp speed these days, but the antitrust bar keeps attempting a switch in time. On Monday the Supreme Court will consider in Apple v. Pepper whether to overturn decades of precedent that supports the digital economy. A decade ago Apple revolutionized software development and... Read more
