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.

Read More →

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.

Read More →

North Carolina dominates Virginia in economic outlook report

By   /  April 15, 2014  /  News, North Carolina, State Government, Taxes, Virginia  /  No Comments

Gov. Scott Walker has proposed a $343 million income tax break, ostensibly aimed at middle-class taxpayers and intended to stimulate the economy. Critics, though, said in reality, the proposal does little of either.

Virginia lawmakers don’t like to bring it up, but her neighbor to the south is outdoing the Old Dominion — at least, when it comes to economic prospects.

Read More →

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 [...]

Read More →

Iowans, celebrate your ‘tax freedom’ on Sunday

By   /  April 11, 2014  /  Iowa, News, Taxes  /  No Comments

Vermont single-payer initiative would require significant tax increases

By Paul Brennan | Iowa Watchdog

DES MOINES, Iowa — Forget about 13 being unlucky. April 13 is a lucky day for Iowans this year. It’s Tax Freedom Day.

Read More →