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Running the numbers: Millionaires, myths and taxes
In the great pile of email that arrived after last Sunday's column on millionaires who whine about "class warfare," there were numerous defenses of wealthy "job creators like Mitt Romney," and an equal number of attacks on "liberals like President Obama"...Tags: Internal Revenue Service, Personal Income, Barack Obama, State Income Tax, Income Tax
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Central issues of Election 2012
Whoever wins the presidential election in November will confront urgent problems: Should tax cuts scheduled to expire be renewed? Should federal spending be cut to reduce the deficit or would that weaken an already lackluster economy? After one of the...Tags: Laws, Health Insurance Cost, Retirement, U.S. Department of Justice, Lawyers
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Letters to the editor
How the federal debt would look in terms of a household Editor: The information below cuts thru political hype and helps put things into perspective. Let's remove eight zeros from the federal figures and pretend it's a household budget: U.S. Tax...
Tags: Economy, Business and Finance, Energy Saving, Conservation, Alternative Energy, Government Debt
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Rodricks: Thousands of undocumented workers pay state taxes
Under the Maryland Dream Act, students who want to attend our community colleges or public universities at the in-state tuition rate must have attended a Maryland high school for at least three years. They must prove that their families filed state income...Tags: Interior Policy, The New York Times, Career and Workplace, DREAM Act, Colleges and Universities
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Romney on "47 percent" comment: "just completely wrong"
Romney on '47 percent': I was 'completely wrong' KASIE HUNT,Associated Press FISHERSVILLE, Va. (AP) — Republican presidential candidate Mitt Romney has described his disparaging remarks about the 47 percent of Americans who don't pay federal...
Tags: Personal Income, Barack Obama, Fox News Channel (tv network), Elections, Mitt Romney
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Romney Tax Release Comes After Months of Pressure
CNNMitt Romney's Friday release of some tax documents came after months of pressure on the Republican candidate to make public more of his financial picture. Republicans urging further release hoped additional documents would put the issue of what Romney...Tags: Economy, Business and Finance, CNN (tv network), NBC (tv network), Executive Branch, Voting
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Letter: No reason to redistribute wealth
Editor: Despite all the spin surrounding Mitt Romney's recent comment about the 47 percent of Americans who don't pay income taxes, there is an undeniable, sobering truth that lies in that number. And that's not the only number. While tax-and-spend...Tags: Personal Income, Mitt Romney, Taxation, Politics
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Romney hopelessly out of touch
For the past several years, I have been involved with Habitat for Humanity. Habitat’s clientele are people who are on the lower end of the income spectrum. One of the things that has really impressed me has been just how hard many of these folks...Tags: Republican Party, Charity, Personal Income, Social Security, State Income Tax
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Romney paid 14 percent effective tax rate in 2011
Mitt Romney made $13.7 million last year and paid $1.94 million in federal income taxes, giving him an effective tax rate of 14.1 percent, his campaign said Friday. His effective tax rate was up slightly from the 13.9 percent rate he paid in 2010. The...
Tags: Republican Party, Democratic Party, Personal Income, Paul Ryan, News Agency
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Romneys paid $1.94 million in fed taxes for 2011
WASHINGTON (AP) — Mitt Romney and his wife, Ann, paid $1.94 million in federal taxes on last year's income of $13.7 million, for an effective tax rate of 14.1 percent, his campaign said Friday. That's slightly above the 13.9 percent rate the couple...
Tags: Executive Branch, Career and Workplace, Harry Reid, Taxation, Internal Revenue Service
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Romney gives Dem support for tax deductions claim
WASHINGTON (AP) — Mitt Romney has given Democrats plenty of support for their claim he manipulated his deductions to keep his overall 2011 federal income tax rate above a certain threshold for political purposes. The Republican presidential...
Tags: Economy, Business and Finance, Executive Branch, U.S. Senate, Political Candidates, Career and Workplace
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Romney's dependency delusions
Mitt Romney's unguarded thoughts about the half of America that pays no income taxes — "who are dependent on government, who believe they are victims" — show a notable lack of empathy as well as political savvy. Maybe that's a surprise. But...Tags: Voting, Social Security, John McCain, Taxation, Bill Clinton
Oct 27, 2012
|Column| Baltimore Sun
Oct 11, 2012
|Story| Los Angeles Times
Oct 17, 2012
|Story| Petoskey News
Oct 15, 2012
|Column| Baltimore Sun
Oct 5, 2012
|Story| Petoskey News
Sep 24, 2012
|Story| KTLA-LTV
Oct 4, 2012
|Story| Baltimore Sun
Sep 24, 2012
|Story| AM News
Sep 21, 2012
|Column| WXIN-LTV
Sep 21, 2012
|Story| Petoskey News
Sep 22, 2012
|Story| AP Broadcast
Sep 20, 2012
|Column| Chicago Tribune
Original site for Federal Income Tax topic gallery.