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February 27, 2014
We’re going to have to sell more weed.
Pueblo County Budget and Finance Director Cal Hamler • During a county finance meeting earlier this week, during which Hamler and his colleagues joked about the massive amount of revenue that recreational marijuana sales have already generated for Pueblo County. If the rest of the year’s sales match January’s pace, Pueblo will raise just over $11 million in tax revenue from the sale of recreational marijuana, about seven percent of the county’s total 2014 budget. (h/t The Smoking Section) source
14:43 // 4 months ago
November 8, 2013
The IRS is wasting billions on fraudulent tax returns, guys
- $4B the amount that the IRS released in fraudulent tax refunds last year. Lithuania was among the most popular spots for fraudulent tax returns, with 655 such refunds going to a single address. While this doesn’t sound all that great, the good news is that the IRS is actually doing a better job of spotting falsified returns. source
8:31 // 8 months ago
August 14, 2013
Former Rep. Jesse Jackson Jr, Sandra Jackson sentenced for charges related to improper use of campaign funds
- 30 months behind bars and three years of supervised release were handed down to former Rep. Jesse Jackson Jr. on Wednesday, by Judge six months after the Illinois Democrat plead guilty on charges that he misused approximately $750,000 in campaign funds.
- 12 months in prison will also be served by Jackson’s wife, Sandra, who will also be forced to pay $22,000 in restitution after pleading guilty to intentionally filing tax forms with incorrect information. source
15:49 // 11 months ago
May 24, 2013
Basically, Republicans are attacking Obama where he is least vulnerable and at a time when they have minimal credibility. It isn’t working. By trying to turn everything into a scandal rather than saying Obama’s policies are wrongheaded—and rather than fixing their own image problems with minority, female, younger, and moderate voters—Republicans are focusing on attacking a guy whose name will never again appear on a ballot.
Polling guru and political analyst Charlie Cook, explaining why Republicans’ attacks on President Obama may ultimately fall flat. Despite the media feeding frenzy over the three concurrent scandals to hit the Obama White House, the President’s approval rating has hardly suffered at all: In general, it’s hovered around 51%, with one poll even showing an uptick since April. Meanwhile, a recent CNN poll showed the Republican Party with the highest negative ratings—59%—that either party has received in more than 20 years. “Americans may not be ecstatic about President Obama and his policies,” Cook writes, “but compared with the Republicans, they think Obama doesn’t look so bad.” source
17:30 // 1 year ago
May 17, 2013
The non-partisan Congressional Budget Office has released a comparison of the budgets offered by President Obama, House Republicans, and Senate Democrats. They’re a lot similar than you’d expect given how much the two parties are at each others’ throats about things like Social Security and taxes, huh? Anyway, for those who enjoy charts and graphs, the CBO’s blog post on its budget projections will not disappoint. (h/t Ezra Klein) source
17:35 // 1 year ago
May 13, 2013
If you’ve got the IRS operating in anything less than a neutral and nonpartisan way, then that is outrageous. It is contradictory to our traditions, and people have to be held accountable.
President Obama • Commenting on an admission that the IRS targeted conservative groups, many associated with the tea party, during the 2012 election cycle, following an apology from an IRS official on Friday and this morning’s leak of the Inspector General’s report to ABC News. President Obama’s comments came during a joint press conference with British Prime Minister David Cameron, who’s currently visiting Washington D.C. to discuss the war in Syria. source
14:59 // 1 year ago
May 6, 2013
April 15, 2013
March 26, 2013
So why don’t you have the ability to fill out your tax forms automatically—oh, and for free? Well, partly because the makers of Turbotax are fighting it.
FAKE EDIT: Who just realized they have to do taxes as a result of this post?
18:51 // 1 year ago
February 20, 2013
Because the sequester is (and is likely to continue to be) very ill-defined in the minds of most Americans, the politics of it will devolve into a popularity contest between the major players. Which gets us to the fact that Obama is at (or close to) his high-water mark in terms of job approval, while Congress sits in political reporter/used car salesman territory.
The Washington Post’s Chris Cillizza, theorizing that there’s no way possible way Congress can win the sequester battle against President Obama. The thinking here is is based on three premises: One, that Obama believes the sequester ultimately will not be avoided, because Congress is dysfunctional and if they could have struck a deal on these cuts, there wouldn’t have been a sequester to begin with; two, that effects of the sequestered cuts will be felt by many Americans once they come into effect; and three, that Obama is significantly more popular than Congress. Given these three assumptions, it seems reasonable enough to conclude that if the sequester happens, Congress—and the GOP-led House of Representatives—will be blamed by the American public. It’s not a bad theory, though it’s still quite speculative given the assumptions. More information on the sequester here. source
19:32 // 1 year ago