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Can pay mortgage but doesn't want to
Real Estate MattersQ: I've read about strategic default and bankruptcy, and I'm a bit confused as to which is the better option for me. I have a VA loan on my house in Georgia, that I moved out of in 2008 due to a military PCS transfer. The house sat empty for nine...Tags: Financially Distressed Companies, Personal Income, Services and Shopping, Financial and Business Services, Mortgages
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After record profits, Disney CEO calls for corporate tax changes
Central Florida Political Pulse - Orlando SentinelAfter his company reported the largest quarterly earnings in its history, the head of the Walt Disney Co. said he thinks the United States should cut its corporate income tax rate. “We pay a very high corporate tax rate as a company,” Disney... -
Stalemate in Congress makes tax planning nearly impossible
Here we are less than six months away from the "fiscal cliff" and Congress shows little sign of pulling the country back from the brink. The fiscal cliff is the result of the Bush-era tax cuts expiring at year's end combined with $1.2 trillion in...Tags: Credit Ratings, Consultancy Service, Small Businesses, Personal Finance, Personal Income
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Not a let of help forthcoming to underwater investors
Real Estate MattersQ: Four years ago, I financed a rehabbed property located in Atlanta on a bank appraisal of about $110,000. The current loan balance is about $88,000 on an interest rate of 6.625 percent. But the home's current value is about $25,000. My bank has valued...Tags: Personal Income, Foreclosures, Services and Shopping, Finance, Income Tax
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The Oracle of Obama?
President Barack Obama is struggling with a national jobless rate of more than 9 percent, but he's finding plenty of work for investment guru Warren Buffett.
The so-called Oracle of Omaha is the president's primary policy prop as Obama pushes the...Tags: Warren Buffett, Personal Income, Taxation, Bill Gates, Politics
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O'Malley makes his case for 'investments' in Maryland
Gov. Martin O'Malley used his State of the State address Wednesday to make his case for his most ambitious legislative agenda since taking office.
Now comes the hard job of selling it.
In an upbeat, 33-minute speech to both chambers of the General...Tags: Government, E.J. Pipkin, Personal Income, Democratic Party, Human Interest
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Ire over income tax plan to get louder Monday
A Maryland family making more than $175,000 will pay at least $254 more in income taxes this year under a revenue-raising plan the Maryland General Assembly is expected to take up when it convenes for special session on Monday.
The same family of joint...Tags: Government, Thomas V. Mike Miller, Michael E. Busch, Small Businesses, Personal Income
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Art Callaham: Mail Call comment was quite insightful
“There’s got to be a column in this Mail Call submission!” That is what I exclaimed to my wife and anyone who would listen on Wednesday, May 2, after I read, what in my opinion, is the greatest Mail Call item ever. Here it is,...Tags: Government, National Government, Personal Income, Taxation, Crime, Law and Justice
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It's time for tax reform that benefits the middle class
Thomas Neale's recent letter to the editor employs uses usual Republican tactic of throwing out irrelevant statistics to confuse the issue of tax fairness ("The wealthy pay more than their fair share," May 14). It doesn't matter that the top 1 percent...Tags: Personal Income, State Income Tax, Taxation, Politics, Income Tax
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Lies, damn lies and phony tax statistics
Thomas M. Neale's letter to the editor ("The wealthy pay more than their fair share," May 14) uses the usual Republican tactic of irrelevant statistics to confuse the issue of tax fairness. It does not matter that the top 1 percent of taxpayers pay 38...Tags: Unemployment, Personal Income, State Income Tax, Taxation, Career and Workplace
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Maryland offers tax relief on debt forgiveness
For a long time, you had to pay income tax on debt that your mortgage lender forgave. During the height of the housing crisis, the federal government offered a reprieve — it stopped collecting income tax on up to $2 million of forgiven mortgage debt...Tags: Personal Income, State Income Tax, Taxation, Mortgages, Politics
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Snyder, legislative leaders OK income tax cut; zero in on budget
LANSING, Mich. (AP) — Gov. Rick Snyder and Republican legislative leaders worked out a budget agreement Wednesday that would allow for a small cut in individual income taxes, twice as much money for film credits, a slight increase in education...
Tags: Government, Parties and Movements, Movies, Personal Income, Democratic Party
Aug 16, 2012
|Column| Tribune Media Services
Aug 8, 2012
| Orlando Sentinel
Aug 12, 2012
|Story| Baltimore Sun
Jul 5, 2012
|Column| Tribune Media Services
Sep 25, 2011
|Story| Chicago Tribune
Feb 1, 2012
|Story| Baltimore Sun
May 13, 2012
|Story| Baltimore Sun
May 19, 2012
|Story| Herald Mail
May 17, 2012
|Story| Baltimore Sun
May 22, 2012
|Story| Baltimore Sun
May 23, 2012
|Story| Baltimore Sun
May 24, 2012
|Story| Petoskey News
Original site for Federal Income Tax topic gallery.
