Romney’s Taxes
In GOP news this week, contender for the GOP nomination to run against incumbent president Barack Obama Mitt Romney has been challenged by former rival Rick Perry, Governor of Texas, to release his tax return information to the public immediately. It’s a strategy in Perry’s smear campaign against Romney that could work, but not in his favor. Perry is pretty much history in this year’s elections and wasn’t even able to be placed on the Virginia ballot. But going back home to Texas just isn’t enough for this poor sport, so he now seems more interested in ruining Romney’s reputation than returning to do his job, which is to govern Texas. His thinking must be…
Wal-Mart Enters Tax Business
What is the first thing that pops into your head when you think of Wal-Mart? Do you think of its massiveness? Maybe you think of its power to generate so much money and influence so many lives. The fact is that Wal-Mart is a huge force to be reckoned with. This company is more than just a mega store on the street corner. It is a serious money maker, and it is also serious competition for many types of businesses. Small retail stores have to compete with the giant retailer on price and variety, and now banks have to compete with Wal-Mart’s small check cashing fees and more. Well, there’s another business Wal-Mart is getting…
Are you getting excited for tax season? Here at Talking Taxes, we can’t wait! It’s only 9 months away! We always advise our readers to start preparing for the next tax day on April 16. That’s right. One day after your taxes are due. Why is that? Well, let’s talk about the advantages: You just finished up your taxes, so the “should haves” and “could haves” are still fresh. Did you forget to save some receipts that could’ve saved you big money? Could you have donated more to charity? Did you donate to charity and forget to save your receipts? Start making a plan now for next year. Get organized now. Where are you going…
Who Is Paying Taxes?
With our county in debt up to our eyes balls, I’m sure we are all wondering how in the heck are we going to get ahead again? Unfortunately, even when it wasn’t our choices, but the choices of our politicians that have put us into this situation, it will be our money that will have to pay off this debt. Alas, we are a country that is in it together no matter what. We have to work together and stop placing blame. We need to pay our taxes, and be good citizens. Right? Maybe. But that’s not the way it’s going thus far. As the above infographic from Mint.com shows, of the 151,485,535 tax units,…
