Tag: tax

Teva, the world leader in generic medication will be soon be launching a generic version of Pfizer's Viagra in the UK and Europe. Pfizer's Viagra...

Israeli VAT tax went up 1% to 18% on Saturday night. It's now at its highest level in a decade. The government expects the...

After repeatedly denying it was targeting conservative groups for unfair treatment, the IRS admitted it was treating politically conservative groups in inappropriate ways.

Rep. Sander Levin (D-Mich.) preserved his top slot on the tax-writing Ways and Means Committee, as did Rep. Henry Waxman (D-Calif.) on the Energy...

According to a report on Israel Channel 10, Shelly Yechimovitch, the head of the Labor party, said that if she is appointed Minister of...

In 1648 and 1649 Bogdan Chmelnitzky and his hordes of Cossack warriors perpetrated an annihilation campaign against the Jews of Poland and the Ukraine....

As a financial adviser I notice that certain money mistakes are very commonplace. Are you making these kinds of errors that can destroy a fortune? Instead of learning from your own mistakes, try learning from other people’s mistakes. Here is a list of some of the most common mistakes in financial planning.

In his Sunday interview with CBS 60 Minutes, President Barack Obama referred to Prime Minister Netanyahu's relentless pressure regarding the Iranian nuclear threat as "noise" that must be ignored in order for the president to be able to focus on American interests. He also referred to Israel as "one of our closest allies in the region." That's two snubs in one interview (Remember when we used to be THE closest ally?).

Being forced to pay taxes does not make us more virtuous people. If it did, our founding fathers would have thanked George III for his coercion.

The Zionist Organization of America has lost its 501(c)3 tax exemption status, due to failure to file tax returns for the last three years.

Wealth transfer is a hot topic in financial planning. Thinking about how to pass funds from one generation to the next can be emotionally difficult. Perhaps the older generation doesn’t approve of the way the younger spends the money, or the younger generation isn’t involved in the family business. Furthermore, tax and legal issues can complicate matters.

U.S. taxpayers traveling to the United States with unpaid U.S. tax assessments can be detained at the border, questioned, and flagged for follow-up enforcement. If a taxpayer has an unpaid tax liability and is subject to a resulting Notice of Federal Tax Lien, the IRS may submit identifying taxpayer information to the Treasury Enforcement Communications System (TECS), a database maintained by the Department of Homeland Security (DHS).

Avraham and Moshe Tischler, 20-somethings brothers and ambitious political neophytes, recently met with The Jewish Press editorial board to discuss their current political plans and future prospects.

If you are already bored with the US presidential campaign rhetoric, do we have a debate for you!

This is too delicious for words. On Friday, Bruce Bartlett of the Fiscal Times published a column under this very headline. It should obviously be filed under the "Dewey Beats Truman" category.

Numerous Americans in Israel have received their $1000 tax credits per child. Now Uncle Sam wants to make sure you deserved to get it.

Pelosi (D-Calif.) said that many Republicans "are using Israel as an excuse, what they really want are tax cuts for the wealthy."

There’s no such thing as a perfect investment.

A watershed moment took place in Brooklyn last month on primary night. Those who care about private school education should sit up and take notice.

A recent CNN Money article focused on how more students than ever are requesting need-based financial aid from the private schools they attend. “Private schools are getting flooded with financial aid applications, and a growing number of the parents seeking help are earning $150,000 or more a year,” the article stated. It also pointed out that “overall, the average cost of tuition at private schools across all grades is nearly $22,000 a year, up 4% from a year ago and 26% higher than it was in the 2006-07 academic year, according to the National Association of Independent Schools.”

We must not let our concept of the purpose and character of a tax be corrupted, precisely because taxing us is a power accorded Congress in the Constitution. The definition of “tax” is, in fact, the most important limit on what Congress can do with its power to tax. In the wake of the Obamacare ruling, defining “tax” is defending our liberty – or, from the opposite perspective, attacking it.

Understand this: it doesn’t matter if ObamaCare is repealed next year. Repeat as necessary until understood. The SCOTUS ruling is on the books. Congress can make you buy anything, as long as it fines you if you don’t. The concept of constitutional limits on the power of government has been effectively removed from our guiding idea of law and jurisprudence.

The price of gas was lowered overnight Sunday by 2.15%, making the maximum price of self-serve 95-octane gasoline 16 agorot per liter less - NIS 7.27.

This is what a tax now looks like? This is an open invitation to “tax” via whatever mandate sounds good to you. What sort of unequal-before-the-law mandate would not fit this definition of a tax? Congress can do anything it wants, by the logic of this decision, with the judicial precedent set that levying mandates equals using the power to tax.

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For many people, especially younger ones, ideas about which government rules and “services” we can happily do without will be new and startling. But it is possible to slip the surly bonds of the Regulated Man construct and envision a better future. Wisconsin has taken an important step toward that future. Walker’s Wisconsin is what “Forward” looks like.

Top Palestinian negotiator Saeb Erekat says Arab nations will pay the Palestinian Authority $100 million a month if Israel stops monthly tax payments to the group in Judea, Samaria, and Gaza.

Israel will tax your U.S. municipal bonds, many of which are tax exempt.

The Organization for Economic Cooperation and Development (OECD) raised its 2012 economic growth estimate for Israel to 3.2 percent, up from its November estimate of 2.9 percent.

Austerity policies, which consist mainly of extra taxes, not only keep the European governments from finding long-term solutions to their overspending, while worsening the economic situation; they also make these government increasingly unpopular. Almost 40 years after Arthur Laffer drew his famous curve on a napkin, one wonders why European politicians keep closing their eyes to an evident truth instead of putting in place incentives for growth.