Senate passes budget after late-night ‘vote-a-rama’

ShareThis Senate passes budget after late-night ‘vote-a-rama‘ 23 Mar 2013 Senators rammed through a whopping 101 amendments and took 70 roll call votes in a late night “vote-a-rama” session that lasted until 5:30 a.m. Saturday. The budget plan, proposed by Senate Budget Committee Chairwoman Patty Murray, only narrowly passed by a 50-49 vote. The blueprint [...]

People who pay cash in hand are “morally wrong”, damaging the economy

It is ’morally wrong’ to pay tradesmen cash in hand, says David Gauke. David Gauke, a Treasury minister, told The Daily Telegraph that home owners who allow workmen to evade VAT or income tax were forcing others to pay more. His comments reflect growing concern in Whitehall about the cash-in-hand economy, which costs Britain billions [...]

Bilderberg Tax Return Uncovered by Activist Exposing Select Contributors

Bilderberg Tax Return Uncovered by Activist Exposing Select Contributors

J.G. Vibes | Many of the recent accusations against Bilderberg regarding their connections to wall street and the aristocracy have now been reconfirmed by tax form evidence that has recently been gathered and published by activist Mark Dice. Read full article              

To close tax loopholes, Obama would open new ones

President Barack Obama wants to close dozens of loopholes that let some companies pay little or nothing in taxes. But he also wants to open new ones for manufacturers and companies that invest in clean energy. To some analysts, the new loopholes risk upending the level playing field Obama says he wants to create. Some [...]

White House Economic Adviser: ‘We Need a Global Minimum Tax’

Gene Sperling, director of the White House’s national economic council, said today at an official meeting that “we need a global minimum tax”: “He supports corporate tax reform that would reduce expenditures and loopholes, lower rates for people investing and creating jobs in the U.S., due so further for manufacturing, and that we need to, [...]

Obama budget predicts $1.3 Trillion deficit for 2012

President Barack Obama’s new budget predicts a $1.3 trillion deficit for the ongoing fiscal year but that would drop to $575 billion in 2018 if the president gets his wish to raise taxes and if policymakers can live within tight restraints on the Pentagon and other Cabinet agency budgets, the White House said Friday. After [...]

GE Filed 57,000-Page Tax Return, Paid No Taxes on $14 Billion in Profits

BY JOHN MCCORMACK, The Weekly Standard General Electric, one of the largest corporations in America, filed a whopping 57,000-page federal tax return earlier this year but didn’t pay taxes on $ 14 billion in profits. The return, which was filed electronically, would have been 19 feet high if printed out and stacked. The fact that [...]

Obama Praises Australia’s Draconian Carbon Tax

By: Paul Joseph Watson, Infowars.com President Barack Obama has ominously praised Australia’s draconian carbon tax, even as details emerge over how the government plans to fine businesses up to $ 1.1 million dollars merely for suggesting the fact that the new tax will cause prices to rise. During a press conference yesterday, Obama praised Australian [...]

Amazon Will Go Along with Internet Sales Tax After All

By TED MANN, The Atlantic Wire Just a few months ago, the giant retailer was filing lawsuits and dropping affiliates to combat states trying to charge online sales tax. Now, Amazon is on board. As states have struggled to find new tax revenues over the past couple of deficit years, many have sought to levy [...]

Tax issues stall deficit committee as deadline nears

By Lisa Mascaro, LA Times Deadlock. Impasse. Cooling-off period. Call it what you will, but the congressional super committee on deficit reduction has again stalled out after a flurry of proposals this week from Republican and Democratic members as the Thanksgiving deadline approaches. Talks continue behind closed doors as smaller groups of lawmakers from the [...]