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A collection of news and information related to Federal Income Tax published by this site and its partners.
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McCain unsurprised by Powell Obama nod
The Swamp(AP Photo/FOX News Sunday, Gary Gardiner) by Frank James Sen. John McCain, appearing on Fox News Channel this morning, responded to Gen. Colin Powell's nationally televised endorsement this morning Sen. Barack Obama for president. Powell's was a coveted...Tags: Personal Income, Drug Trafficking, Trade Policy, History, Byron Dorgan
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Obamanomics=free mkt wealth spreading
The Swampby Frank James Sen. John McCain has gone after Sen. Barack Obama for the Democratic nominee's use of the words "spread the wealth" when the senator from Illinois explained his tax plan to Joe "the Plumber" Wurzelbacher. I just happened......Tags: Family, Personal Income, Wages and Pensions, Philosophy, George W. Bush
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Geithner: Hiccup?
Spin CyclePopular Atlantic blogger Marc Ambinder calls the Tim Geithner tax issue a "hiccup," which pretty much summarizes the media reaction so far. But does that reflect reality, or a desire to be nice to all things Obama in the......Tags: Personal Income, Social Security, State Income Tax, Wages and Pensions, Internal Revenue Service
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Obamas' tax return: $2.66 million
The Swampby John McCormick Has the Obama brand peaked? While running for president wasn't putting a pinch on Barack Obama's pocketbook, his total household income dropped to $2.7 million in 2008, down from $4.2 million the previous year. While many Americans......Tags: Personal Income, Parliament, Colleges and Universities, U.S. Senate, Barack Obama
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Obama's tax return: $5.5 million earned
The Swampby Mark Silva President Barack Obama and First Lady Michelle Obama today reported earning $5.5 million last year, with the vast majority of it from the sale of the president's books. The first couple also paid $1.792 million in federal......Tags: Personal Income, State Income Tax, Barack Obama, Illinois, Charity
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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: Personal Income, State Income Tax, Income Tax, Taxation, Barack Obama
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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: Immigration, Personal Income, Social Security, State Income Tax, Extradition
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1031 exchanges are for assets of like kind
Real Estate MattersQ: I just watched your YouTube video on 1031 exchanges. Could you give me more details on how a swap between a real estate asset and an oil/gas asset would play out? In other words, will I be able to physically own the oil/gas asset as I did with the...Tags: Personal Income, Photography and Video, Real Estate, Real Estate Sellers, YouTube
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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: Personal Income, Paul Ryan, State Income Tax, Republican Party, Income Tax
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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: Personal Income, Steve Chapman, Social Security, Ronald Reagan, Barack Obama
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Is Mitt Romney a charter member of the 47 percent?
Bill PressIn politics, there's nothing more fun than watching a politician self-destruct. Mitt Romney's doing a better job of it than most. Let me count the ways. First, his disastrous trip to Europe, where he managed to insult the population of every country he...Tags: Government Health Care, Personal Income, Family, Social Security, Credit and Debt
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The gaffe game
Paul GreenbergAmericans keep saying we want our politicians to level with us, tell us what they truly think, not just go down the familiar list of talking points, giving us the usual collection of platitudes and hoping to be all things to all people. But when a...Tags: Personal Income, Elections, Pension and Welfare, Prescription Drugs, Taxation
Oct 19, 2008
|Blog| Chicago Tribune
Oct 27, 2008
|Blog| Chicago Tribune
Jan 14, 2009
|Blog| Newsday
Apr 15, 2009
|Blog| Chicago Tribune
Apr 15, 2010
|Blog| Chicago Tribune
Oct 27, 2012
|Column| Baltimore Sun
Oct 15, 2012
|Column| Baltimore Sun
Sep 24, 2012
|Column| Tribune Media Services
Sep 21, 2012
|Column| WXIN-LTV
Sep 20, 2012
|Column| Chicago Tribune
Sep 20, 2012
|Column| Tribune Media Services
Sep 20, 2012
|Column| Tribune Media Services
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