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8/11/2011 2:41 PM

Permalink ID:22844

The IRS Will Cut You A Break If You Spend Your Entire Vacation Making Business Calls


"The tax law states that when a trip is primarily for vacation, you cannot deduct air fare or other costs of getting to or from your destination, but you can deduct business-related expenses once you are there. When a vacation is laced with continual cell phone and email correspondence, you may consider a percentage of the expenses as business based on the ratio of hours worked to total awake hours, says Lisa Osofsky, a partner at the accounting firm WeiserMazars. The hotel stay and meals would be deductible proportionate to your work time versus your personal time."

7/8/2011 8:55 PM

Permalink ID:22499

House Rejects Bill to Raise Debt Limit


"House Republicans dealt defeat to their own proposal for a $2.4 trillion increase in the nation's debt limit Tuesday, a political gambit designed to reinforce a demand for spending cuts to accompany any increase in government borrowing. The vote was lopsided, with just 97 in favor of the measure and 318 against."

5/31/2011 11:35 PM

Permalink ID:22040

General Motors Will Never Repay Taxpayers


"The Obama administration, and its media backers, have seized upon news that General Motors made a $3.2 billion profit in the first quarter of 2011 as proof positive that its auto bailout is a success. President Obama is so buoyed that he is reportedly planning to make the bailout a major part of his reelection campaign."

5/24/2011 8:12 PM

Permalink ID:21942

The Coming Postal Bailout


"Congress wants taxpayers to save mail worker pensions."

"One thing we'll say about federal bailouts—if you pay attention, you can usually see them coming a mile away. It was true of Fannie Mae and General Motors, and it's increasingly clear that the next candidate will be the U.S. Postal Service."


5/13/2011 6:38 PM

Permalink ID:21794

House Speaker John Boehner to President Obama: 'Come on! Time to Grow Up' About Deficit and Taxes


"During an interview with ABC News in his Ohio district today, Boehner said he personally trusts the president, but accused him of not being honest with Americans about taxes, Medicare and deficit reduction."

4/26/2011 6:41 AM

Permalink ID:21545

Great News: White House Launches 'Taxpayer Receipt' Site


"Really eager to see which federal rathole your money's being wasted on? Well, wait no longer my friends. The champions of openness and transparency, Barack Obama, the man who accepts transparency awards behind closed doors, has yet another waste of money to present us. Isn't he just wonderful?"

4/16/2011 9:43 PM

Permalink ID:21412

The real GE scandal


"The scandal is not that GE is paying no U.S. taxes for 2010; that will be temporary. The scandal is that we're not facing the realities of globalized business. Liberals would penalize U.S. multinationals by raising their taxes; conservatives champion dubious tax cuts for the rich. Whatever their partisan appeal, these policies do little for the economy. It's true that many factors influence where companies expand: wage rates, local markets, government regulations, exchange rates. But if we take away one factor -- taxes -- we're crippling our ability to compete for global business."

4/4/2011 6:01 PM

Permalink ID:21210

Bloomberg spends $245,000 of taxpayers' dough employing THREE chefs at Gracie Mansion


"According to figures revealed by the New York Daily News, his longest-serving man in the kitchen, Feliberto Estevez, picks up $97,000. His pastry chef Jerry Montanez who was hired in 2007 is paid $68,while Jose Velazquez is on $80,000 after getting a $10,000 pay rise last July."

2/5/2011 1:28 AM

Permalink ID:20106

Taxpayers Get Bill For GM Bailout


"The bailout of General Motors wasn't supposed to cost taxpayers. In fact, the promise was that taxpayers would profit. Now the government says the bailout's a loser. No one should be surprised."

"Washington has handed out $50 billion to General Motors and another $35 billion to Chrysler and GMAC to keep those companies in business. Taxpayers were told their money wouldn't end up lost in a rat hole."


1/13/2011 8:14 PM

Permalink ID:19654

Mayor calls $3,000 dinner tab 'unacceptable' | SEE THE RECEIPT


“Spending $3,000 of taxpayer funds for a 14-person dinner, for any reason, goes well beyond 'a lapse of judgment.' It is absolutely unacceptable and a misuse of public money. I would hope that the ECVB would reject payment of this bill at its next meeting and that all ECVB board members, staff and guests who attended the dinner would split."

1/4/2011 10:01 PM

Permalink ID:19475

12/15/2010 8:51 PM

Permalink ID:19139

Obama Endorses Global Taxes on Eve of U.N. Summit - to drain even more wealth out of the U.S. economy.


"The proposal, popular at the United Nations for decades and long-advocated by Fidel Castro, is called the Tobin Tax and named after Yale University economist James Tobin. Steven Solomon, a former staff reporter at Forbes, said in his book, The Confidence Game, that such a proposal “might net some $13 trillion a year…” because it is based on taking a percentage of money from the trillions of dollars exchanged daily in global financial markets."

9/16/2010 3:06 PM

Permalink ID:16895

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