Dodging taxes? You might be keeping U.S. economy afloat

By   /  April 18, 2014  /  Economy, Federal Government, IRS, Issues, National, News, Tax Reform, Taxes  /  No Comments

CAN'T SEE IT: The IRS can't get its grubby hands on the fruits of the shadow economy. Maybe that's why it's become a larger and larger share of the American economic pie in recent years.

Each April 15, millions of Americans dutifully trudge to the local Post Office to mail their tax returns to federal, state and local governments.

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Tax mistakes hurt, especially when you pay someone to make them

By   /  April 14, 2014  /  Accountability, Federal Government, Finances, IRS, Issues, Judiciary, National, News, Tax Reform, Taxes  /  No Comments

BETTER OFF ON YOUR OWN: Taxes are confusing and complicated, and for good reason. But even the people paid to understand them can — and often do — make mistakes, the GAO found.

 
By Eric Boehm | Watchdog.org
Taxes are confusing and complicated.
That’s why millions of Americans hire someone to help them fill out the proper forms and, in theory, get the biggest refund possible from the federal government.
But even the people paid to understand them can — and often do — make mistakes, according to the Government Accountability Office.
A GAO [...]

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Consumer beware: Regulators ‘on steroids’

By   /  April 9, 2014  /  California, Congress, Federal Government, Federal Reserve, Minnesota, National, New Jersey, News, Texas, Wisconsin  /  No Comments

RIPPING REGULATORS: Jeb Hensarling, chairman of the House Financial Services Committee, says Dodd-Frank and its regulators are the problem, not the solution.

By Kenric Ward | Watchdog.org

WASHINGTON, D.C. — Financial regulations imposed after the 2008 Wall Street crash are backfiring on consumers and pose a “compliance nightmare” for lenders.

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Under attack: Depth of federal arms race should surprise, shock citizenry

By   /  April 3, 2014  /  Accountability, Federal Government, law enforcement, National, New Mexico, News  /  No Comments

THE LONG ARM OF THE LAW GETTING LONGER: The number of law enforcement agents, such as these from the Environmental Protection Agency, have grown in recent years. Photo taken from EPA promotional video.

ANTA FE, N.M. — In late February, four federal agents carrying side arms with a drug-sniffing dog descended on the Taos Ski Valley in what was called a “saturation patrol.”

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Three studies, three bad results for New Mexico

By   /  April 1, 2014  /  Education, Federal Government, Finances, New Mexico, News  /  No Comments

i quit

It’s been a rough week for New Mexico when it comes to national studies.

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