Wisconsin lawmakers have passed dozens of tax cuts since 2011, many aimed at people who earn the most. Low income taxpayers have received much smaller tax cuts, and some may even be paying higher taxes than they did before 2011. The emphasis on tax cuts has thrown the state’s upcoming budget out of balance, contributed to rising debt, and diverted money that would otherwise go to the state’s rainy day fund to cushion the blow of the next economic downturn or some other unforeseen event.
|By: WI Budget Project Tuesday August 12, 2014 6:55 pm|
|By: Synoia Wednesday July 9, 2014 5:10 pm|
Walgreens is reported to be considered emigrating from the United States, renouncing its citizenship and becoming a Swiss Citizen to cut its tax bill.
Well and good for its shareholders. If it were a person it would then have to apply for a visa to visit the United States and because it was a non-US citizen would not be permitted to be employed in the United States.
|By: masaccio Sunday July 6, 2014 11:00 am|
Hobby Lobby is a terrible decision, and the underlying politics poke through the charade laid out in Samuel Alito’s opinion. People are right to be outraged, and it’s only going to get worse if the calmer-downers get people to shut up.
|By: Peter Van Buren Friday June 20, 2014 4:42 pm|
Don’t we all know it? The more wealth one accumulates, the more complicated life can become.
Luckily, if you’re among the 1 percent, you are not alone. Repeat that: YOU ARE NOT ALONE. There are people ready to help you with the complications of owning more than 99 percent of your fellow citizens.
One such resource in your time of need is Bessemer Trust, a “Private Client Wealth Management” company.
|By: masaccio Sunday June 8, 2014 11:00 am|
We never learn from history. We repeat the same stupid mistakes century after century.
|By: DSWright Friday June 6, 2014 2:16 pm|
According to a new report from Citizens for Tax Justice and the U.S. Public Interest Research Group, the majority of America’s Fortune 500 companies are cheating the tax man to the amount of approximately $90 billion by using offshore tax havens. That cheating leaves the rest of US taxpayers on the hook to make up the difference.
|By: Lisa Derrick Monday May 19, 2014 4:59 pm|
Tonight’s film, Immigrant America: The High Cost of Deporting Parents, directed by guest Roy Germano for VICE News, shows the impact of deportation on one family. Ray Jesus is just one of the faces caught up in the Immigration and Customs Enforcement (ICE) quota of 400,000 deportations a year.
|By: Jon Walker Friday May 9, 2014 4:10 pm|
This tax revenue is helping to improve the budgets of local governments and fund education in Colorado.
|By: DSWright Tuesday April 15, 2014 6:49 am|
Intuit, the parent company of TurboTax, launched a campaign against return-free filing which would not only allow free and simple filing for millions of Americans but would also be completely voluntary. Nonetheless, a “grass roots” campaign was started claiming the IRS was trying to “take over” an industry and tyrannically threatening “tax payer rights.”
|By: WI Budget Project Thursday March 20, 2014 7:45 am|
On the same day that the state Assembly passed a substantial property and income tax cut package, it declined to reverse a recent tax hike for parents who work at low-wage jobs.