Use Tax On iTunes? It Doesn’t Make Sense.
Another Tax Geek asked me whether I pay Use Tax on my iTunes purchases (you can answer him, too, by voting in our poll in the sidebar). I do not. I started to reply in the comments and felt that my...
View ArticleTaxgirl trivia: Raising Revenue
We have a winner! See comments!color> Our next tax trivia question is: Beginning in the early 19th century, the US did not impose any direct taxes on income for nearly 50 years. Other than...
View ArticleState Tax Primer from A to W: California
Welcome to my fifth in a series on state taxes! For information about what I’m trying to do, read my introductory bit. Next on the agenda, the state that we’ve all heard a lot about this year when it...
View ArticleStates Find It May Not (*gasp*) Be Necessary to Raise Taxes
With budget deadlines looming, many states felt that there were no alternatives to balancing the budget other than raising taxes or adding new ones. More than half of all states were considering...
View ArticleTax Revenues Lowest Since Depression
The sky is falling! The sky is falling! Okay, not really. But revenues are falling. And it feels just as dramatic. As the economy slowly begins to recover, another challenge looms on the horizon: how...
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PA Revenue Goof Sends Taxpayers To Viagra Site
Two years ago, I wrote my very first piece for Forbes. The article, titled Tax Amnesty Works Without Big Brother, was the result of criticisms I had levied at the PA Department of Revenue for its...
View ArticleGun & Ammo Tax Proposal Draws Fire
And we say there’s no “magic bullet” to fix the economy… A Cook County official has proposed a surtax on the sale of every bullet and firearm in the nation’s second largest county. The tax was proposed...
View ArticleWhy Santa Won’t Owe Any Income Taxes This Year
It’s Christmas Eve and, at my house, we’re busy preparing for guests. Mostly, we’re waiting on the cousins but my kids are also waiting for a certain man with a white beard – no, not my husband – it’s...
View ArticleTreasury Advises That U.S. Will Hit Its Debt Limit In 5 Days
Well, somebody was working today. Treasury Secretary Timothy Geithner sent a letter to Senate Majority Leader Reid (D-NV) advising that the U.S. will hit its debt limit on December 31, 2012. As a...
View ArticleSenate Fails To Push Through Last Minute Measures To Avoid Sequestration
What do Republicans and Democrats have in common? Neither party can seem to muster a bill to head off the sequester looming on Friday. Two proposals were raised in the Senate today to address the...
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