Category Archives: Taxes

Bannon, International Man Of…WTF?!?

We’ve discussed elite racist, presidential advisor, and possible tax fraud Steve Bannon before, but now he is under investigation for residency fraud, which is usually an attempt to claim residence in a low (or no-) tax state in order to … Continue reading

Posted in Bidness, Taxes | 4 Comments

D.C.: Extra Taxation Without Representation (On Free-Loading Non-Urban Areas)

One common conservative claim is that cities, full of those people, are leeches that take a lot of money from ‘real Americans’ to pay for all of their lazy poor people. While the claim appears ridiculous (among other things that … Continue reading

Posted in DC, Economics, Taxes

Trump Declares War On Your 401(k) Retirement Money

I’ve never been a fan of the shift from defined benefit pensions to 401(k) plans: they’re nothing more than a way for brokers to charge excessive fees, and to give wealthy people a tax cut for something they were already … Continue reading

Posted in Bidness, Conservatives, Taxes | 1 Comment

Trump Voters To Give Massive Tax Cut To ‘Coastal Elites’ They Despise

Never mind the kleptocracy, it’s just the same old conservative con (boldface mine): President Donald Trump is set to give America’s richest 1% an average annual tax cut of $214,000 when he takes office, while more than eight million families … Continue reading

Posted in Bidness, Conservatives, Taxes | 3 Comments

Massachusetts Proposes a Millionaire’s Tax

Over two years ago, when I lived in Massachusetts, I proposed a 10% income tax on every dollar over $780,000 (at the time, Massachusetts had a flat tax of 5.25%): With those assumptions, I find that overall income tax revenues … Continue reading

Posted in Massachusetts, Taxes | 3 Comments

The Privatization Scam Rolls On: The IRS Edition

File this under ‘those who forget history are condemned to repeat it’ (boldface mine): Tucked into a dusty corner of the Senate’s Highway Trust Fund bill — legislation that must pass before the fund runs dry on July 31 — … Continue reading

Posted in Fucking Morons, Taxes | 1 Comment

One Way to Lower High Housing Prices

Two recent articles decry the stratospheric cost of housing in London. That’s not just a problem for London, but cities like New York and Miami, where high end properties are more an investment vehicle than a place to live. Unfortunately, … Continue reading

Posted in Housing, Taxes | 6 Comments