taxes

While recent reports suggest that Michigan’s Democratic Gov. Jennifer Granholm is on President Obama’s shortlist of potential nominees to replace retiring Supreme Court Justice David Souter, her nomination could very likely be imperiled by — surprise! — tax problems.
Ed Brayton of TWI’s sister site, The Michigan Messenger, has the details.

Well, not no one, but only a quarter of people polled by Rasmussen Reports could correctly identify what “cap-and-trade” legislation pertained to.
Given a choice of three options, just 24 percent of voters can correctly identify the cap-and-trade proposal as something that deals with environmental issues. A slightly higher number (29 percent) believe the proposal has [...]

In an article in the new issue of Time, Rep. Patrick McHenry (R-N.C.) is quoted saying that “Marginal tax rates are the lowest they’ve been in generations, and all we can talk about is tax cuts. [...] The people’s desires have changed, but we’re still stuck in our old issue set.”
Grover Norquist, the president of [...]

Well, of course it’s Tax Day, and while we’ve been a bit preoccupied with all the wacky Tea Party hijinks, it also means that we get to take a look at the president and first lady’s tax returns, which were just released.
The bottom line: they do all right for themselves. The Obamas claimed a total [...]

Here’s a supplement to Aaron’s great photo spread from this afternoon’s rally.

There may be nothing more disturbing than accidentally running into a broadcast of Lou Dobbs Tonight on CNN. But there I was at the gym last night, captive to Dobbs ranting about the 300,000 illegal aliens who were supposedly going to be stealing American jobs. (I wrote earlier about the faulty assumptions and outdated statistics [...]

Bloomberg’s Ryan Donmoyer digs deeper into the question of whether the administration’s plan to scale back deductability of charity donations by wealthy Americans will hurt the non-profit sector. His report today generally confirms the analysis of the Center for Budget and Policy Priorities reported here yesterday.
“Given the size of the change we’re talking about,” Williams [...]

The conservative opposition to President Obama’s agenda faces a new challenge today when a Senate subcommittee chaired Sen. Carl Levin (D-Mich.) holds a hearing on offshore tax havens. Levin introduced legislation Monday that seeks to recover billions in tax revenue from U.S. corporations and individuals using overseas accounts to avoid paying U.S. taxes. Levin’s [...]

Remember when Gov. Arnold Schwarzenegger (R-Calif.) ran for re-election? Here’s a refresher:

Alaska Gov. Sarah Palin (who has been well-covered by TWI) pays some back taxes.

The governor’s office wouldn’t say this week how much she owes in back taxes for meal money, or whether she intends to continue to receive the per diem allowance. As of December, she was still charging the state for meals and incidentals.
“The [...]