taxes

Is Cheating on Your Taxes Okay?
Is Cheating on Your Taxes Okay?
It is getting to be that time of year. Tax day is right around the corner — but that doesn’t mean we’ll all pay our fair share. We would all like to pay a little less and the "fudging" of tax number could make that happen. Would you, or do you, do that? An IRS survey last year found the percentage of people who thought it was acceptable to cheat “as much as possible” on their returns dou
Buffett: Billionaire’s Tax Rate: 17.4%
Buffett: Billionaire’s Tax Rate: 17.4%
Billionaire Warren Buffett has revealed how much money he made last year....and how much he paid in taxes. After making more than $66 million, he paid under $7 million in taxes....a tax rate of 17.4%. In a New York Times opinion piece this summer, Buffett claimed the tax rate was too low compared to middle-income wage earners. Buffett is the worlds third richest person, with a net worth of $39 bil
Taxed For Every Mile You Drive; How Would you Feel About That?
Taxed For Every Mile You Drive; How Would you Feel About That?
The Obama administration has floated a transportation authorization bill that would require the study and implementation of a plan to tax automobile drivers based on how many miles they drive. I have been driving an average of about 25,000 per year for the last 15 years, I say no way. I have no clue as to how much the tax would be, I just know it would be a little to costly. Read more of the sto