Tag Archives: Obama

Supreme Court Expands Congressional Tax Power

Posted on June 29, 2012 by Wetenkamp

Tax relief for people who buy certain things? — sure (like real property).  A tax imposed on people who buy certain items? — sure (like cigarettes).  But a tax imposed on people who do not buying something?  That’s definitely new!  Apparently penalizing citizens for … Continue reading →

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Bullet Point Friday

Posted on April 13, 2012 by Montgomery

I definitely don’t want to be responsible for pulling anyone away from their taxes this weekend with a riveting and lengthy blog post.  So this one will be short and non-riveting.  The long-winded tax attorney is just gonna use bullet points … Continue reading →

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IRS Enforcement of ObamaCare

Posted on April 4, 2012 by Montgomery

As you may know, the IRS is supposed to be the agency to oversee enforcement of the new health care law, in the event that it does not get thrown out.  Perhaps the reasoning there was, they’ve been so good … Continue reading →

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Obama Staffers are Human: They Owe $834k in Back Taxes

Posted on January 27, 2012 by Montgomery

The IRS released data showing the tax debt statistics of federal employees, and it has created just a little buzz. I realize that most of the stories circulating around the web these past few days carry the more impressive headline … Continue reading →

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Obama’s Deficit Reduction Plan

Posted on September 19, 2011 by Wetenkamp

How does President Obama propose to reduce the deficit by just over $2 trillion in 10 years?  In a nutshell: Tax the Rich repeal of the Bush-era tax rates for couples making more than $250,000 place limits on deductions for … Continue reading →

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