Thursday, May 12, 2011

OBAMA FLOATS PLAN TO TAX CARS BY THE MILE

As a member of the State Chamber of Commerce Board of Directors, we often get into discussion on funding highway improvement and repairs. There just is not enough money to go around. Since the road budget is funded by the gasoline tax part of the problem is that people are buying hybrid and electric cars which don’t use as much gas and therefore do not pay as much in gas tax.

TheHill.com reports, "The Obama administration has floated a transportation authorization bill that would require the study and implementation of a plan to tax automobile drivers based on how many miles they drive." The story notes this comes after "a March Congressional Budget Office report that supported the idea of taxing drivers based on miles driven."

Among other things, CBO suggested that a vehicle miles traveled (VMT) tax could be tracked by installing electronic equipment on each car to determine how many miles were driven; payment could take place electronically at filling stations. The issue is that if there are GPS devises in our vehicles the government could keep tabs on where we are at all time. Kind of like George Orwell’s Big Brother.


http://thehill.com/blogs/floor-action/house/159397-obama-floats-plan-to-tax-cars-by-the-mile

Tuesday, May 10, 2011

RECEPTIONIST PAY

Q. My partner wants to let our current front desk person go and hire a person that will work for minimum wage. We pay our current receptionist $12.00 and she is really good. I would hate to lose our current girl. My partners says we can save a lot of money with the cheaper person. What do you think?

A. Pay peanuts and you get monkeys.

Sunday, May 8, 2011

HAPPY MOTHERS DAY – WHAT MOTHER HAD THE MOST CHILDREN

Can you beat 69? The most children born to one mother, according to the Guinness Book of World Records, was a woman from Russia who gave birth to 16 pairs of twins, seven sets of triplets, and four sets of quadruplets. Don't expect the reality show too soon as this happened between the years 1725-1765.

Thursday, May 5, 2011

WHERE DID MY TAX DOLLARS GO???

Have you ever wondered where it goes- and I don't mean for food and in your gas tank.

Check this out:
http://wheredidmytaxdollarsgo.com

Thursday, April 28, 2011

OK THIS IF FOR THOSE OF YOU THAT THINK MY BLOGS ARE TOO CONSERVATIVE

Occasionally I get emails from people that say my blogs are too conservative or slanted. I was even called Glenn Beck. So this should help to balance it out... http://www.youtube.com/watch?v=0xJkD18WyLw&feature=player_embedded

Wednesday, April 27, 2011

GO FIGURE

According to First Data Corporation the average gift card holder spends $33 beyond the value of the card.

David Letterman's Top Ten Tax Tips

10. IRS deadlines are just suggestions. File your taxes whenever you want.

9. Warlocks may not claim trolls as dependents

8. Make filing more personable by naming your calculator. Mine is named “Owen.”

7. Make sure your accountant went to a real school and not a phony internet college like I did.

6. H Block: Good guy, R Block: complete grease ball

5. Getting a refund? Log on to IRS.gov to spin the wheel and play “double or nothing”

4. If you don’t remember your social security number, make one up

3. Do not use Wesley Snipes’ accountant

2. Not really a tax tip, but accountants are wild in the sack

1. Take it from me, prison’s not so bad