taxes Archives - Page 6 of 7 - Investment Watch Blog

Americans Will Be Denied a Passport Because of Unpaid Taxes – IRS enforces law Congress passed in late 2015

July 7, 2018 10:02 pm

At least 362,000 Americans with overdue tax debts will be denied new or renewed passports if they don’t settle these debts, the Internal Revenue Service says. https://www.wsj.com/articles/thousands-of-americans-will-be-denied-a-passport-because-of-unpaid-taxes-1530869401 Revocation or Denial of Passport in Case of Certain Unpaid Taxes https://www.irs.gov/businesses/small-businesses-self-employed/revocation-or-denial-of-passport-in-case-of-certain-unpaid-taxes IRS …

Uganda Taxes the Internet Deny Access Unless you Pay Your Taxes

July 3, 2018 10:47 am

by Martin Armstrong I have been warning that there are no rules when it comes to the greed of government. Throughout history, the ideas behind taxes keep popping up is slightly different ways. For example, your freedom to travel can …

UNEXPECTEDLY: Soda Taxes Hit Poor the Most. “Taxes imposed by Democrats have made soda more expensive than beer.”

June 25, 2018 8:29 am

via freebeacon: Taxes levied per ounce on sugary drinks by Democrats in Berkeley, Philadelphia, and Seattle are even more regressive, according to the study. The middle class would pay the most if Congress passed a nationwide soda tax, as two-thirds of …

Why Raising State Taxes to Pay State Budget Shortfalls Never Works

June 20, 2018 10:41 am

via Mauldin Economics: New Jersey recently surrendered a title it was happy to lose. For the first time in six years, it was not the state that saw the highest percentage of its residents leaving to live somewhere else. The new …

IRS sent CP14 letter stating 2017 taxes weren’t paid, but they were paid on time. This is our experience (a good one!) with getting it corrected.

June 10, 2018 9:09 am

by smelling_the_roses I’m posting this in the hopes that it helps someone else. On Thursday, my husband and I received a CP14 letter from the IRS saying our full balance of 2017 taxes were due. Of course we immediately worried …

West Coast & the Insane Socialistic Hunt for Taxes

June 3, 2018 12:48 pmJune 3, 2018 9:05 am

by Martin Armstrong I have been warning that we are in a battle to the death against the socialists. The West Coast is becoming the place to leave as fast as you possibly can for any business. There are already …

Property taxes spike, shocking homeowners nationwide

May 28, 2018 5:51 pmMay 27, 2018 10:31 am

This is where the big problem lies. The balance of the nation’s budget had led to local governments raising property values and thus raising property taxes. High property taxes raise rents, they raise food prices, and they raise the general …

Illinoisans Fleeing State by Tens of Thousands over Taxes and Financial Loss

May 27, 2018 9:12 am

Illinois is losing more citizens than nearly every other state, and according to reports, the biggest reason citizens are leaving is that they can no longer afford to live in the Land of Lincoln. Certainly, Americans move from place to …

1% Is A Lie: Ultra Rich Pay No Taxes While Poor People Are Forced To Pay More

May 25, 2018 5:47 pm

https://www.youtube.com/watch?v=Oq4OA8O16rE Alex Jones exposes the ultra-rich elites’ tax scheme that exploits the poorest members of American society and demonizes moderately ‘rich’ people to cover their own tax breaks.

Germany’s Hunt for Taxes Being Illegally Applied to the Past

May 23, 2018 12:34 pm

by Martin Armstrong The Hunt for Taxes has now led to criminal charges for manipulating stock ownership to avoid the tax on dividends. There German Attorney General has filed criminal charges against a number of traders for the first …

Left-Wing Billionaire Bloomberg: Raising Taxes on Poor People is a “good thing”

May 23, 2018 8:53 am

Why do most of the elite democrats and leftists want to take money from poor people. Are they just greedy to the core? “Bloomberg: “The question is do you want to pander to those people?” Bloomberg: “Taxes or life? Which …

21 trillion dollars unnaccounted for and not apprortioned by Congress. Do our taxes really finance the military-industrial complex?

May 16, 2018 5:15 pm

Largest Heist EVER In Human History – Literally https://www.youtube.com/watch?v=F9EigEEAQeM The Americans are being screwed by their own politicians. h/t RobertAntonWilson

High Taxes Don’t Make Rich People Move

May 14, 2018 9:07 pm

BY PATRICK WATSON You’ve heard the old line about three kinds of falsehoods: lies, damned lies, and statistics. All three are easy to find on the Internet. Unlike lies, though, statistics can be useful if taken with a grain of salt. For instance, …

Illinois jacking up property taxes to pay for govt pensions…ouch!

May 14, 2018 9:54 am

by ludwigvon An “Audible Gasp” Was Heard When The Chicago Fed Unveiled Its “Solution” To The Pension Problem An audible gasp went out in the breakout room I was in at last month’s pension event cosponsored by The Civic Federation …

By 2020, Over Half Of All Personal Income Taxes Will Be Required Just To Service The National Debt.

May 11, 2018 3:40 pm

via The Street: The reasons that the Fed introduced ZIRP in the aftermath of the 2008 crisis are now immaterial. All that matters now is what the Fed will do going forward. And math dictates that regardless of why interest …

DOJ Charges Baltimore Police Commissioner With Failure To File Taxes

May 11, 2018 12:38 pm

by stockboardasset Baltimore Police Commissioner Darryl De Sousa acknowledged Thursday that he failed to file federal and state income tax returns for three consecutive years after the Department of Justice (DOJ) slapped him with three misdemeanor counts of failure to file taxes. In a statement …

If you are in SF, NYC, or another HCOL area. Your biggest expenses are going to be taxes and housing, with transportation likely a distant third. If you can get the big expenses down, you can eat all the avocado toast you want.

May 11, 2018 7:33 am

Guest post by csp256 There is only so much you can do to minimize taxes, but here are the two biggest ways: Contribute the maximum to your 401k (there are several ways of accessing it early; don’t worry) Get a …

800,000 people are about to flee New York and California because of taxes, say economists

April 27, 2018 6:58 am

800,000 people will leave New York and California over the next three years due to the new tax bill, conservative economists Arthur Laffer and Stephen Moore said in an op-ed in the Wall Street Journal. Other economists dispute this finding, …

The “Tax Cut Act” Has Increased Taxes for the Rich

April 23, 2018 7:19 pm

BY JOHN MAULDIN Each year the IRS releases aggregate data on individual income taxes, with a two-year delay. The Tax Foundation helpfully organizes the reports, and in January they released their summary of the data for 2015. In 2015, 141.2 million taxpayers reported …

How to Make Taxes Better Again

April 18, 2018 7:27 am

By Rodney Johnson Last year, I moved to a very small town in Texas. It’s an island… literally. This little slice of paradise has roughly 1,458 residents, per the 2016 U.S. Census estimate. We have our own police force, with …

Holy Moly! Look what you pay in state and local taxes

March 30, 2018 7:19 am

Via Hot Air Good thing Washington gave us a break this year on federal income taxes. Because the total tax-haul numbers for state and local governments are out for last year — and they’ll take your breath away — also …

The $73 billion in Voluntary Taxes (up 9%!) Consumers Pay Eagerly and with Great Excitement

March 29, 2018 6:34 pm

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter And states need it! Tax day is approaching, and the gnashing of teeth is spreading across the nation. But there is one tax that people love to pay voluntarily – and have a huge amount of …

State, Local Taxes Set Records… Income, Sales, Property ALL Hit New Highs

March 22, 2018 4:42 pm

Real state and local income, sales and property taxes all hit records in 2017, according to data released this week by the Census Bureau. State and local governments collected a record $404,509,000,000 in individual income taxes in 2017, according to the …

Californians are leaving en mass, citing high taxes and property costs. Going to red states like Arizona, Texas, and Nevada.

March 20, 2018 8:34 pm

Californians fed up with housing costs and taxes are fleeing state in big numbers from CNBC. residents, although even middle-class residents are saying goodbye. The trend is a symptom of the state’s housing crunch and, for some, high taxes. …

Is it possible to pay $0 in taxes on a six-figure income? Yes it is and here is how you do it.

March 6, 2018 5:24 pm

Source: Investor Junkie It is worth going through each section individually. Here we are assuming a couple that is both working. Their combined income is $110,000 per year. They max out their 401k contributions of $18,000 per year. Next, one of …

High rent and taxes driving people out of California. Why are the elite manufacturing another great migration?

March 3, 2018 12:33 pm

https://youtu.be/ZRkxV91FG2s The California exodus continues as the state descends into a intoxicated third world renter state. http://sanfrancisco.cbslocal.com/2018/02/08/san-francisco-bay-area-mass-exodus-residents/ https://www.cnn.com/2018/02/07/health/safe-injection-sites-san-francisco-opioid-epidemic-bn/index.html THE EXODUS OF PEOPLE MOVING AWAY FROM CALIFORNIA IS BECOMING AN AVALANCHE Once upon a time, it seemed like almost everyone wanted …

Amazon Paid Zero In Federal Taxes In 2017

February 26, 2018 4:51 pm

Read More At: https://itep.org/amazon-inc-paid-zero…

Billionaire Bill Gates wants to pay more taxes, says government should take more

February 20, 2018 3:26 pm

https://www.youtube.com/watch?v=evD3XfuqyjI Billionaire Bill Gates wants to pay more taxes, says government should take more http://redstatewatcher.com/article.as… Billionaire Bill Gates says he should pay "significantly higher" taxes https://t.co/Cvn6Kc3Ktu pic.twitter.com/GG9F6SqJ01 — CNN (@CNN) February 19, 2018

This Map Shows How Gas Taxes Determine the Price at the Pump

February 19, 2018 10:31 am

by howmuch Americans are back to purchasing large SUVs and trucks instead of passenger cars, fueled in large part by confidence in the U.S. economy. And with President Trump set to unveil a broad new infrastructure plan with a rumored $200 billion price tag, now would …

Illinois – Property Values Collapsing as Taxes Rise

February 9, 2018 4:27 pm

by Martin Armstrong Property values in Illinois are collapsing thanks to the State being over the edge with its fiscal mismanagement. The state employee pensions are bankrupting the state and are now destroying the value of property in the States …