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Discover needs to 2012 tax refund calculator his money immediately, or Mr. Christopher should engage a really smart lawyer. Discover says he approved the fee in a phone call? Prove it through phone records. They can't. I bet a judge would be glad to hit them with an order of repayment plus attorney's fees and a decent sized damage payment to encourage them not to do something like that again. Oh, and Mr. Christopher should also make a complaint to his state's Attorney General's office and any other More

Henry,---there were never any intentions by Obama and the Democrats to pay down the debt by eliminating the Bush tax extension 2012 cuts! More revenue into the federal coffers would immediately have been spent by the Obama administration on more wealth redistribution and their favorite big union cronies! Obama is a Socialist and wants only ever bigger government and ever more power by the government to control everyone's life and have everyone dependent on the government! One thing Repubs should More

any proposal other than how to calculate income tax directly tax municipal bonds is reasonable. the loss of deductions proportionate to the presence of exempt income is paralleled in the current law which taxes SS benefits based on overall income, including tax-exempt income. it is a reasonable part of overall tax reform, and is troubling only to someone either looking for something to pick on or someone who has a strong personal interest in tax-exempt income. So, Mr Golub, take your country-club More

. Who gave the Federal Govt. the power to take your money? . 1) The Revenue Act of 1861. . The 1st Federal Income tax created by Republican President Lincoln. . . 2) The 16th Amendment. Republican Pres. Taft & the Republican controlled Congress (both chambers) sent the 16th Amendment, giving power to the Federal Govt. to tax federal income tax calculator, to the States for ratification. . Republicans gave the Federal Govt. the constitutional power to tax your income. . . The creator of the Federal More

Now I'm really confused - by reducing the payroll tax, isn't maximum social security withholding 2012 security even further put into the red? Aren't we having a nice little tax holiday at the expense of our seniors? Why isn't any fuss at all being made about this? Bush tried to fix the social security system and got trashed for it, obama is taking money from our seniors and no one is saying anything. He cut medicare funding already by half a trillion dollars, and now social security by nearly the More

Richard, I am aware of that already but thank you for the link it was a good read. When do you think the GOP became a party of small govt? I know when they started to preach it but I have never seen any evidence of them reducing the size of the Federal Govt. The Article is wrong on the 1913 Federal Income Tax. In 1913 the Presidential inauguration was in March of that year and not January like it is now. Republican Pres. Taft along with a Republican Congress got the 16th Amendment ratified by the More

I represent many Patel Hotelier families across the US, by in large they are hard working tax credits families that sustain and create US jobs every day, they pay their taxes and pay millions in interest and fees to hundreds of US banks, again everyday. Their hotel assets on average provide great coverages against their bank covenants and are solid credits overall. Have there been some defaults on Hotel loans throughout the industry? Sure, but on a percentage basis I think the author of this article More

In other news, the FBI said today they have established no case against Jon Corzine, CEO of MF Global, who has mysteriously and unexplainably lost over $1.2 billion, mostly held in trust in the accounts of small investor. The FBI continues to investigates but is not optimistic of a future arrest unless a Republican like Newt Gingrich is elected as the next President. The FBI says, trading large amounts of money can be confusing and sometimes things happen so fast, mistakes are inevitable. In a More

Well done. It would be interesting to tie the number of votes you get to the 2012 tax brackets bracket you are in. And for the 47% who don't pay income tax but sponge off the rest of us who are penalized for success, wouldn't it be interesting if they got one vote and we got 2. That might be the only way to turn this country around and make everyone have 'skin in the game' by paying at least SOME level of income tax to 'spread he responsbility around instead of the wealth'. Think of how fast we'd More

The cynics on the Republican side believe it's best to let Obama keep spending us into oblivion, because they figure things will get so bad between now and then, he won't have a chance to be re-elected. That is the strategy that McConell and Boehner are pursuing. Those of us who want to end the borrowing now, and face this problem now, are risking the possibility that by November of 2012, America will have cut back, and started rebuilding a stable productive economy, just in time for Obama to take More