Investment managers top list of super PAC donors

By Rachael Marcus and Andrea Fuller

Hedge fund managers, other investors top donors by industry to super PACs.

Excerpts from this story referencing "Income tax":

"… they earn the money then pay U.S. Income tax when they bring profits home. Income taxes paid to the foreign government are deducted from the U.S. Income tax whe …"

FACT CHECK: Social Security scare tactics

By FactCheck.Org

Both campaigns make misleading claims about potential changes to Social Security

Excerpts from this story referencing "Eugene Kiely":

"… t lists six times when Biden voted against repealing the 1993 tax hike.– Eugene Kiely  …"

FACT CHECK: Obama’s ‘Boss’ Baloney

By FactCheck.Org

The Obama campaign is up with a "badly misleading

FACT CHECK: Truth about tax rate talking points

By FactCheck.Org

Despite common talking points, tax rates were actually at a 30-year low in 2008-2009 period.

Excerpts from this story referencing "president":

"… s own campaign promise to raise taxes on upper-income households, the new president was a tax cutter in 2009.The Top 1 PercentThe CBO figures show rates have …"

FACT CHECK: GPS's bogus tax attack against Obama

By FactCheck.Org

A new Crossroads GPS ad makes a completely unfounded claim on President Obama's tax plans.

FACT CHECK: Elizabeth Warren attacks GE's controversial tax practices

By FactCheck.Org

Massachusetts Senate candidate makes sweeping, inaccurate statement about corporate tax loopholes.

FACT CHECK: 'Fat Cats' ad not quite accurate on Buffett Rule

By FactCheck.Org

In advocating for Buffett Rule, MoveOn.org gives false impression of tax rates for the ultra-wealthy.

Excerpts from this story referencing "Eugene Kiely":

"… atively low tax rates. But you know us. We doggedly insist on accuracy.– Eugene Kiely …"

FACT CHECK: Warren Buffett's tax rate is an exception, not a rule

By FactCheck.Org

Most high-earning tax payers actually do pay a higher rate than the middle-class.

Excerpts from this story referencing "Eugene Kiely":

"… that, and they wouldn’t know it listening to Obama and Biden, either.– Eugene Kiely …"

DOD has a hand out on April 17

By Aaron Mehta

And where did you think your tax money was going?

Romney's small tax bill could be a big problem

By Corbin Hiar

The millionaire former venture capital partner pays an effective tax rate lower than a family earning less than $70,000

Tax gift to the rich

By John Aloysius Farrell

How one loophole helps some wealthy Americans pay less taxes

Excerpts from this story referencing "hedge fund manager":

"… n. Carl Levin, D-Mich., in a speech to the Senate in June. “If you are a hedge fund manager, your job is to manage a hedge fund. The income you receive for that job i …"

"… ss family.Defenders of the carried interest tax break say that the work of hedge fund managers and other investment managers, in raising and allocating capital, makes a …"

"… the ruling by Judge David Gustafson must have sent a shiver through many a hedge fund manager, since it buttressed the arguments made by critics of the carried interest …"

Senate committee finds most 'trapped' offshore income is already in U.S.

By John Aloysius Farrell

Senate committee finds most 'trapped' offshore income from Google, Microsoft already in U.S.

Excerpts from this story referencing "Google":

"… multinationals and found that 27 of the cash-flush firms, including Apple, Google and Microsoft, had invested almost $250 billion in the United States.“Th …"

"… evin noted, have brought home almost all their “trapped” funds. Apple, Google and Microsoft, for example, have brought back from 76 to 100 percent of th …"

Bailed-out banks paid no income tax in some years, according to study

By John Dunbar and John Dunbar

New study shows bailed-out banks among those companies that paid no income tax at least one year

How an Obama fundraiser turned Oklahoma into a personal tax haven

By Bill Allison

How George Kaiser turned Oklahoma into his personal tax haven

Excerpts from this story referencing "Bank":

"… real estate values dropped, leaving many homeowners with negative equity. Banks that had loaned wildly during the boom ended up with mountains of bad deb …"

"… e year that Kaiser merged Kaiser-Francis Oil with Waterford, he bought the Bank of Oklahoma from the Federal Deposit Insurance Corporation. Bank of Oklaho …"

"… ought the Bank of Oklahoma from the Federal Deposit Insurance Corporation. Bank of Oklahoma had largely avoided making rash loans during the state's oil b …"

"… 62 of which shut down during the crisis — from going broke. But in 1984, Bank of Oklahoma bought Fidelity Bank N.A., an Oklahoma City-based Bank whose b …"

FACT CHECK: Ad on billionaire's statement misses the facts

By FactCheck.Org

Tax burden is actually more equal than liberal advocacy group portrays in video campaign

FACT CHECK: Obamas' tax rate not lower than the average teacher's

By FactCheck.Org

From every angle, the Obamas' tax rate was substantially higher than that of a teacher or firefighter

Excerpts from this story referencing "Social Security":

"… is year’s “payroll tax holiday,” which has cut the worker portion of Social Security taxes by 2 percentage points — which is worth $1,000 to workers (includi …"

"… h are taxed at lower rates than ordinary income. It’s also the case that Social Security taxes fall only on wage and salary income, and only up to a limit that is& …"

"… up to a limit that is currently $106,800. So our $50,000 teacher pays Social Security taxes on every dollar of income, while those same payroll taxes fall only …"

"… ”) by the amount on line 22 (“total income”).We calculated Obama’s Social Security taxes on the assumption that he and his employer (the U.S. government) eac …"

GAO says at least 3,700 stimulus recipients are delinquent on taxes

By Laurel Adams

Stimulus recipients who got $24 billion owe $750 million in taxes

Medical device industry lobbies IRS, Congress to dodge health law tax

By Joe Eaton

Device makers lobbying to get out from under tax imposed by health care reform law

Excerpts from this story referencing "Technology":

"… e price tag, the device manufacturers’ trade group, the Advanced Medical Technology Association (AdvaMed), pushed back, aided by industry giants Medtronic Inc …"

IRS not strict enough on fraudulent tax refunds to nonresident aliens

By Laurel Adams

The Internal Revenue Services needs to strengthen its review of tax refunds to nonresident aliens before they are sent out of the country, a

Stimulus tax credit may increase penalties

By Laurel Adams

The “Making Work Pay” tax credit, which increased take—home pay for workers, may result in 13.4 million people actually owing the government

More corporations pay less in taxes

By The Center for Public Integrity

Corporate tax payments accounted for 23 percent of all federal tax revenue in 1960. By 2007 that figure had dropped to just 14 percent

Excerpts from this story referencing "spokesman":

"… x laws a “high priority.” In response to a request for comment, an IRS spokesman noted that tax enforcement revenue for corporations climbed to $14.2 billi …"

Steve Forbes, cattle farmer

WASHINGTON, D.C. January 25, 2000 — Steve Forbes' signature line in his 2000 campaign is, "Steve Forbes: He wants you to win." But who's the

Bradley was driving force behind biggest tax giveaway

January 6, 2000 — Democratic presidential candidate Bill Bradley laid out his plans for tax reform on Jan. 4, attacking corporate tax shelte

Excerpts from this story referencing "Congress":

"… ax Reform Act of 1986, called “transition rules” by members of Congress – the identities of the beneficiaries were kept secret. So were the …"

"… .6 billion in giveaways. Other recipients of tailor-made tax breaks from Congress included Chrysler Corp. ($78 million), Campbell Soup Co. ($12 million), Ae …"