by Arthur Geffen | Dec 9, 2010 | Estate Tax, Income Tax
If one compares the tax compromises effect to the current policy–assuming that the Bush Tax cuts. the AMT, the Estate Tax at Obama-supported levels, current tax credits, etc., are extended–then one gets another read on the impact of the...
by Arthur Geffen | Dec 3, 2010 | Income Tax
The basic message is that inequality has soared. In 1980s, the ratio between the pre-tax income of someone at the 99.99th percentile and someone at the median was quite high: the wealthy household made 62 times as much as the middle-class one. But the ratio has...
by Arthur Geffen | Nov 23, 2010 | Income Tax
Daniel Henninger makes a convincing case in favor of the “draft” income tax recommendations issued by President Barack Obama’s deficit commission chairmen (“8-14-23 or Fight!” Wonder Land, Nov. 18 ). A major part of the proposal is...
by Arthur Geffen | Nov 11, 2010 | Income Tax
Well at least this group has the kahones to almost tell it like it is. And of course, NOBODY likes it. Highlights of deficit reduction proposals
by Arthur Geffen | Oct 27, 2010 | Income Tax
Tax breaks aren’t just for the rich, and they probably never were. Deductions, credits and other ways to cut your tax bill have long been available to taxpayers in all brackets.<u1:p> (Learn the logic behind the belief that reducing government...
by Arthur Geffen | Oct 21, 2010 | Income Tax
Google Inc. cut its taxes by $3.1 billion in the last three years using a technique that moves most of its foreign profits through Ireland and the Netherlands to Bermuda. Google’s income shifting — involving strategies known to lawyers as the “Double...