Useful WebSites:
April 1999
July 2000
November 2000
December 2000
January 2001
February 2001
March 2001
April 2001
May 2001
June 2001
July 2001
August 2001
September 2001
October 2001
November 2001
December 2001
January 2002
February 2002
March 2002
April 2002
May 2002
June 2002
July 2002
August 2002
September 2002
October 2002
November 2002
December 2002
January 2003
February 2003
March 2003
April 2003
May 2003
June 2003
July 2003
August 2003
September 2003
October 2003
November 2003
December 2003
January 2004
February 2004
March 2004
April 2004
May 2004
June 2004
July 2004
August 2004
September 2004
October 2004
November 2004
December 2004
January 2005
February 2005
March 2005
April 2005
May 2005
June 2005
July 2005
August 2005
September 2005
October 2005
November 2005
December 2005
January 2006
February 2006
March 2006
April 2006
May 2006
June 2006
July 2006
August 2006
September 2006
October 2006
November 2006
December 2006
January 2007
February 2007
March 2007
April 2007
May 2007
June 2007
July 2007
August 2007
September 2007
October 2007
November 2007
December 2007
January 2008
February 2008
March 2008
April 2008
May 2008
June 2008
July 2008
August 2008
September 2008
October 2008
November 2008
December 2008
January 2009
February 2009
March 2009
April 2009
May 2009
June 2009
July 2009
August 2009
September 2009
October 2009
November 2009
December 2009
January 2010
February 2010
March 2010
New Taxes...
Looking at new tax schemes being proposed and perpetrated in different states and countries can give us a preview of what we may be seeing in our own jurisdictions. Here are some new ones that recently hit the news in two of the main categories of taxation (punishment).
Sin Taxes – These obviously depend on the need to allow our imperial rulers to decide what things are bad for us, which is unfortunately a growing trend as more people accept government as our nanny.
Soak the evil rich – this kind of punishment on success never goes out of style. Some reminders are in order for those who have no sympathies for new taxes on millionaires. Once you accept the premise of extra taxes on certain income levels, it is a very simple task for our rulers to reduce that level to capture more money from more people. It happens all of the time, the classic camel’s nose under the tent..
The other is the fact that in 1993, one of the first accomplishments of the Billary Clinton presidency was a huge retroactive tax increase that included a “Millionaire Surtax” that actually kicked in at taxable income levels of $250,000.
The cost of being rich. New tax bracket for Md. millionaires becomes law
Labels: TaxHikes
- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 4/12/2008 12:06:00 PM Send this post:
