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Sunday, April 12, 2009

Tax advice from TV talking heads

by taxnick on April 12, 2009

And one of those tax-yammering heads was mine.
FoxBusiness.com Live, the cable TV network’s noon online program, focused today on taxes. Four of us — Fox’s resident accountant Tracy Burns, H&R Block’s Amy McAnarney, Chuck Jaffe from Marketwatch, and moi.
I was approached to talk about a story I did for Bankrate on housing tax laws. I [...]

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Tax Professionals: Tax Tea Parties Misstate U.S. Tax Burden

by taxnick on April 12, 2009

To protest the allegedly high level of taxation in the United States, various right-wing groups are organizing tea parties around the country [for April 15] in the spirit of the Boston Tea Party of 1773.
The irony of these protests is that federal revenues as a share of the gross domestic product will be lower this [...]

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