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Tag Archives: taxes

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Marco Rubio for President: The Pros and Cons

For the 2016 presidential race, we have already described the pros and cons of the campaigns of Rick Santorum and Jim Webb. Now it seems time to add another. Republican U.S. Senator Marco Rubio made it clear this week that he intends to run for

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Congressman Steve King Proposes Repeal Of Sixteenth Amendment

Yesterday, Congressman Steve King, Republican from Iowa, introduced H. J. Res 16, legislation to the U.S. House of Representatives with a short and simple active clause: “The sixteenth article of amendment to the Constitution of the United States is hereby repealed”. The sixteenth amendment to

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Special Tax Loopholes Bill Passes House Of Representatives

Yesterday, U.S. the House of Representatives passed H.R. 5771, a bill that provides for: – the classification of race horses as three-year property for depreciation purposes – accelerated depreciation of motorsports entertainment complexes – the expensing allowance for film and television production costs Only 20

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Ending Charity For The NFL

However, even apart from their member teams, players, and other subsidiaries, these professional sports leagues have annual receipts of 1.7 billion dollars. The purpose of these sports leagues is not charitable. Yet, the NFL and other professional sports leagues claim tax exempt status as non-profit organizations.

Psst... what kind of person doesn't support pacifism?