PA trade association: Severance tax proposals are ‘short-sighted tax schemes’

By   /  April 23, 2014  /  News, Pennsylvania, Taxes  /  No Comments

PUSHING BACK: Opponents of a severance tax on natural gas extraction have concerns the state could damage a burgeoning industry through further taxation.

By Andrew Staub | PA Independent
Pennsylvania lawmakers from both parties have lobbied hard this spring for a severance tax on natural gas drilling, their voices growing louder as the state’s revenue numbers continue to flag.
On Tuesday, industry and business leaders pushed back against the proposal, calling it an unfair tax that could strangle production and [...]

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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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Watchdog report spurs Wichita police spending scrutiny

By   /  April 17, 2014  /  Kansas, law enforcement, Marijuana, News, Open Records, Taxes  /  No Comments

KSN clip

The Wichita Police Department can’t seem to catch a break.

Only hours after Kansas Watchdog revealed yesterday the law enforcement agency’s massive spike in drug tax revenue – the spending of which Capt. Doug Nolte said the police department doesn’t track – local media pounced.

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Law enforcement reap big payouts from War on Drugs

By   /  April 16, 2014  /  Kansas, law enforcement, Marijuana, News, Taxes  /  No Comments

SEEING GREEN: Since 2010, at least two Kansas police departments have seen a sudden spike in revenues because of the state's taxation laws on illegal narcotics. From 2010 to 2012, almost 60 percent of all drug incidents involved marijuana, according to statistics provided by the Kansas Bureau of Investigation.

Crime doesn’t pay, unless you’re a Kansas law enforcement agency reaping the spoils of war.

The War on Drugs, that is.

Buried deep within state statute is a little-known provision that directly rewards police departments for busting-up the local narcotics scene, and it does so using the government’s oldest trick in the book: taxes.

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IRS holds refunds to recover parents’ Social Security

By   /  April 15, 2014  /  Iowa, IRS, National, News, Taxes, Texas  /  No Comments

SOCIAL INSECURITY: Rep. Sam Johnson, R-Plano, wants answers about withheld tax refunds.

On this April 15, and every other day, the IRS is seizing millions of dollars of alleged Social Security overpayments from children of dead beneficiaries.

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