by Brian Garst | Jun 25, 2010 | Blogs, Flat Tax, Tax Havens
As if the residents of the Gulf Coast haven’t had it hard enough, the IRS is moving in to make sure they get their cut of any payouts from BP. These government bureaucrats even have the chutzpah to pretend that their actions are benevolent and beneficial on the...
by Brian Garst | Jun 24, 2010 | Blogs, Uncategorized
DeMint’s amendment to prevent the current rate on capital gains and dividends from increasing to 20 percent at the end of the year fell well short on Wednesday. The only party defectors in the 40-57 defeat of the amendment were Democrat Ben Nelson, who supported the...
by Brian Garst | Jun 22, 2010 | Blogs, Capital Gains, Taxation
In today’s political climate of big government, big spending and big taxes, it’s important to recognize when someone in Congress stands up and gets it right. Senator Jim DeMint did just that recently when he proposed an amendment, to the current tax...
by Brian Garst | Jun 22, 2010 | Blogs, Capital Gains, Taxation
UK Chancellor George Osborne is expected to include a sharp increase in Britain’s capital gains tax when he unveils the emergency budget on Tuesday. Preparing for this, British citizens are acting to take advantage of the lower rates while they still can: A...
by Brian Garst | Jun 20, 2010 | Blogs, Tax Competition, Taxation
New Jersey’s $10.7 billion budget deficit is the second highest among all U.S. states. With New Jersey already facing one of the worst economic outlooks in the country according to ALEC’s “Rich States, Poor States,” newly elected Governor...
