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Entries for the ‘Taxes’ Category

How Much is That Sweater Worth? It Depends on Your Income

While there are many strange things in the federal tax code, one thing that I find particularly strange is how donations are valued. The strange part about it is that the same item will take on different values depending on who gives it away. For example, let’s say that a married couple filing jointly with [...]

Thank You, Idowu Odunlade, for Your Financial Support

Property tax assessment season is in full swing in Minneapolis, with people receiving jaw dropping notices regarding how much their taxes have gone up. In my case, the bump is 16.3%. Ouch. As I understand it, the challenges here is that proposed tax increase numbers thrown around at a city level are considerably different by [...]

Mall Of America Expansion Sounds Like A Great PRIVATE Investment

After reading this: Megamall is shopping for state aid It’s that success that mall officials will use this week to try to sway legislators to approve $234 million in new public subsidies so the mall can more than double its size. The total public cost would exceed $300 million, including public financing already committed from [...]

GOP Wasted Money. Time to Clean Up.

Tim Ryan outlines a basic problem with the GOP controlled congress over the past 14 years: They avoided raising taxes by borrowing record amounts of money from other countries like China: Crooks and Liars » Tim Ryan slams the GOP over spending… …on top of all that they [Republicans] leave the new democratic majority an [...]

  
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