Sen. Lindsey Graham says tax-avoiding gimmicks are “American.” By William A. Collins Don’t just hang Your head and moan, Buy a loophole Of your own. One intriguing aspect of today’s taxation debate is that it’s so shameless. Republican leaders aren’t embarrassed in the slightest to shill for the rich. Consider this gem from Sen. Lindsey …
Tag Archive: stock
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Apr 02
Blame for high oil prices is misplaced- even by conservatives
By Merrill Matthews There has been some media grumbling lately – including from some who are viewed as conservative leaning – about U.S. oil companies exporting oil. The complaint: The U.S. imports and refines lots of oil, so why isn’t that oil being sold to and used in the U.S. rather than to other countries? …
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Jan 11
Understanding the Kiddie Tax
By Terry Savage Consider this news to be another step in the Tax Accountants Full Employment Act. The latest change in the tax law: The “Kiddie Tax” now applies to much older kids! The new tax law puts a crimp in the plans of wealthy parents who had planned to gift highly appreciated stocks …
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