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Question of the Day: School Security

Wednesday, January 23rd, 2013

One of the local TV Stations posted this question on their facebook page this morning: Six This Morning Wants To Know : Would You Be Willing To Pay More In Taxes For Additional Security In Public Schools? The facebook question linked to this article from the Houston Chronicle. The article doesn’t mention anything about the […]

Should the Capital Gains Tax Rate Remain Low?

Saturday, December 29th, 2012

Interesting piece from IBD: Six Reasons to Keep Capital Gains Tax Rates Low Two interesting points that I hadn’t really thought about: Inflation. If an individual buys a stock for $10 and sells it years later for $12, much of the $2 in capital gain may be inflation, not a real return. Inflation — and […]

A Black Market for Coca-Cola!

Wednesday, December 17th, 2008

It’s gonna happen… New York governor, David Paterson, unveiled his budget. He’s recommending tax increases (or new taxes altogether) on all kinds of stuff. Here’s a list of some of the new taxes I found in this article: • An “iPod tax” that charges state and local sales tax for “digitally delivered entertainment services” – […]

An Illustration of Why I Don’t Like Progressive Taxation

Friday, August 22nd, 2008

Check this out. Using 2008′s Federal Income Tax Brackets for Married Filing Jointly, I ran some numbers comparing the tax burdens for two incomes. First, here’s a look at the 2008 Federal Income Tax Brackets for Married Filing Jointly: Using those numbers, I ran the numbers for two different taxpayers. One taxpayer (Joe) has a […]