taxes

Online shoppers often cite the convenience of purchasing items from web retailers like Amazon, but another perk to cyber shopping is that buyers often don’t have to pay sales tax. Thanks to a congressional bill, though, that could soon change.

Some people really like to smoke, while most who do are simply addicted to nicotine and can’t stop. And then there are those who hate cigarettes, smokers, smoke and the smell that comes with smoking, not to mention the enormous health problems and financial costs associated with this vice.

Virginia Hopkins was looking forward to getting her tax refund. And why wouldn’t she be, as Uncle Sam owed the waitress from Cleveland $754. When she finally received her letter from the IRS, she tour it open and then got the shock of her life. Hopkins was staring at a check for $434,712.

Which do you think is easier — doing your own taxes or trying to figure out how to make healthy sections in your diet?

As part of an effort to fight obesity, Darebin Council in northern Melbourne, Australia, is considering a “fat tax” which would impose whopping rate increases on fast food giants like McDonald’s and KFC.

Three years ago, a federal act meant to help reduce the number of people who smoke greatly increased the tax rates for cigarettes, roll-your-own tobacco, and small cigars, counting on the fact that making smoking more expensive would prompt people to quit. And while it may have caused some to do so, the move had an unintended effect: sales of pipe tobacco and large cigars, which aren’t taxed quite

Perhaps tax season, and all the stress and frustrations it can bring, isn’t the best time to ask Americans what they think of our system of taxation. But that’s what Rasmussen Reports did.

Named for billionaire investor Warren Buffett, who has argued that he shouldn’t pay a lower tax rate than his secretary, the Buffett Rule would mandate a minimum 30 percent tax rate for any household which makes over $1 million a year. But is  the  rest of country onboard with such an idea?