Ryan: 'Plenty of room' to cut $700B from budget to extend high-end tax cuts - The Hill (blog)
Fri, 03 Sep 2010 13:45:33 GMT+00:00
cuts The Hill (blog) Lawmakers on both sides of the aisle generally favor extending most of the tax cuts for middle- and low-income workers that were signed into law by ... Tax Cuts Weighed To Propel Growth Wall Street Journal The Bush Tax Cuts: A Lasting Legacy Student Pulse The Bush tax cuts: A slight reprieve? The Economist Media Matters for America (blog)  - Muncie Star Press  - The Detroit News

The Small Business Tax Hike and the 97% Fallacy - Wall Street Journal
Fri, 03 Sep 2010 00:14:38 GMT+00:00
Hike and the 97% Fallacy Wall Street Journal When Congress returns from its summer recess, members will face a pivotal decision about the expiring Bush tax cuts. ... Letting Tax Cuts for Wealthiest Americans Expire Would Not Hurt America s ... American Chronicle

The Democrats' Complaint Against AFP, Decoded - The Washington Independent
Mon, 30 Aug 2010 15:53:21 GMT+00:00
The Washington Independent ... Committee against the Americans for Prosperity Foundation leaked to the New York Times on Friday Loyola tax law professor Ellen Aprill weighs in. ... Democrats Say Conservative Nonprofit Group's Ads Violate Tax Law Chronicle of Philanthropy (subscription) (blog)

Is there an actual law that states that you have to pay income tax?
Q. Please let me know if you can show me the law. I just watched "Freedom to Fascism" and was surprised to hear that an income tax law hasn't been presented at request by petition, or in court cases. The facts that I have checked are accurate, but I still can't exactly believe it. Please tell me what you know. Is there a law, or not? The documentary mentions the corrupt implementation of the 1913 amendment. It mentions something about bank manipulaton. Is that true? It also talks about the Federal Reserve System, and I'd love to hear some elaboration on that.
Asked by politicaltnt - Thu Jan 22 20:24:21 2009 - - 10 Answers - 0 Comments

A. The movie "Freedom to Fascism" is inaccurate, conspiracy theory nonsense. I suggest you go to and lookup almost every point in the film. I also recommend that you try and verify different quotes from the film from reliable websites. There are income tax laws in the United States. They are codified as Title 26 of the U.S. Code. You can read them at or at It is long and boring reading, but they are all there. The sections that apply to most people are sections 1, 61, 62, 63, 3402, 6011, and 6012. Yes, your wages are income and there is a tax on them. Title 26 is known as prima facie law or evidence of the actual laws passed by Congress. To read the actual laws passed by Congress, you have to look in the U.S. Statutes at Large. For… [cont.]
Answered by NGC6205 - Thu Jan 22 21:12:15 2009

International Tax Law: Do I need to include it in income tax?
Q. I have a close family member in China who has given me a sum of money to save in America. I've looked up International tax treaties but they've been no help... My question is, Is the interest from the bank account, which technically belongs to my brother, taxable and do i have to pay it? I'm more interested in the law fragments that say whether I have to or not than a simple Yes/No. Thanks!!!
Asked by Abdul Ali Jakeer - Sun Jun 8 03:20:12 2008 - - 3 Answers - 0 Comments

A. Opening an account with your relative's money under your social security number does not make the income yours or cause the principal to be treated as a gift. However, you may have some explaining to do, and you may not be able to convince the IRS the money is not yours. You should transfer the funds to an account in the name of your relative in China. Your relative should obtain an individual tax identification number (ITIN - information link below) which the bank will require before an account can be opened. You can be given power of attorney or signature power over the account. The bank should be able to advise you how to accomplish this. The bank should collect 10% as withholding tax from the interest it pays on the account. … [cont.]
Answered by TaxGuru - Mon Jun 9 01:37:09 2008

Is there a new tax law that would cut your federal tax withheld in half?
Q. From last year to this year the federal tax that was taken out of my check was half with my annual pay being the same.
Asked by bindertch - Thu Jan 21 22:34:12 2010 - - 2 Answers - 0 Comments

A. Obama screwup and you will owe this year
Answered by Iffy - Thu Jan 21 22:37:09 2010