Blogs
Written by Rochelle L. Haller
Under the terms of the bill, an income tax of 4.5% would be...
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Friday, 05 March 2010 10:49
Washington State Majority Leader Lisa Brown, D-Spokane, is at it again. For the second year in a row, Brown has raised the idea of an income tax. The difference is that this year she is backed by legislation – Senate Bill 6250, sponsored by Sen. Rosa Franklin, D-Tacoma. It is not clear whether the bill will even get a floor vote or if there is enough support to get the bill passed out of Senate … but what if it does?Under the terms of the bill, an income tax of 4.5% would be...
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Written by Derek W. Jensen
The producer learned about me from my efforts on this blog and other postings on my web site. It was...
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Tuesday, 02 March 2010 21:40
I got a phone call this afternoon from a produce of a local TV show asking if I could be a guest for a segment they were doing on tax increases. Needless to say, tax increases is a subject that I have some interest in. The show is called Red White and America. The hosts are John Renfrow and Michael Rotchadl. You can watch my episode tonight at 10 PM on their web site or locally on channel 22.The producer learned about me from my efforts on this blog and other postings on my web site. It was...
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Written by Rochelle L. Haller
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Monday, 01 March 2010 10:33
As we welcome the 1st day of March, Congress has failed to provide any answers regarding the future of the federal estate tax. As most of you know, no federal estate tax will be imposed on taxpayers dying in 2010. However, in 2011, the estate tax is slated to make a hefty comeback – taxpayers will be allowed a $1 million exemption, but anything over that amount will be taxed at 55%. Congress has hinted that it intends to retroactively impose an estate tax for 2010, but given...Read more...
Written by Derek W. Jensen
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Monday, 01 March 2010 08:53
At the end of 2009 there was talk that an estate tax fix would be attached to every major bill that moved through congress. In the end it never was. Today we have word from The Hill's Blog Briefing Room that the estate tax fix will not be part of the tax extender bill being debated this week. This follows on the heals of last month's failure to include it in the bi-partisian version of the jobs bill; which ultimately was not passed. The farther we get into the 2010 calendar, the less likely it...Read more...
Written by Derek W. Jensen
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Friday, 26 February 2010 17:04
OMB Watch reports that a coalition group has released a "Statement of Principles on Estate Tax Legislation". Apparently, OMB Watch is a member of this group, Americans for a Fair Estate Tax. It is unclear who other members of this coalition maybe. Nevertheless, the statement reads like a talking points memo on why the estate tax should be retain. It hits all pro-estate tax high points: cost of other proposals when we are facing a deficit; progressive nature of the estate tax; tax fairness...Read more...
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