Taxes
Although the Occupy Wall Street movement hasn’t made any official statements on taxes, I think it’s pretty safe to assume they would support higher tax levels on the rich. With the huge tax drama playing out in Congress, it seems inconceivable that the top federal income tax bracket was 50% as recently as 1980. And [...]
I found out last week I was subject to local business license taxes. Talk about an unpleasant surprise! Having filed with the IRS and the state, and not having any storefront or commercial office space, I thought I had fulfilled all my obligations. I had not. Because my laptop operates within city limits, even without [...]
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I received a letter from the IRS last week, saying I had failed to file some form that was due in October of 2009. It’s very likely that is a true statement. I can’t say for sure, because it’s been 19 months and I filed a lot of forms in that time, but I’ll take [...]
While paying my quarterlies, I found these interesting directions on where to send your check based on where you live. People in Connecticut can mail to the Connecticut office. People in Georgia can mail to the Georgia office. But people in North Carolina can’t mail to the North Carolina office. I’m sure there’s a perfectly [...]
Yesterday I had the opportunity to take a field trip to Sacramento to participate in a legislative committee hearing. Specifically, I offered testimony against AB 153, a proposal that seeks to use affiliate websites (like mine) to create sales tax nexus for out-of-state retailers. “Laws are like sausages. It is better not to see them [...]
Continue reading about California vs. the Internet: 2011 Affiliate Nexus Battle
I read a really interesting article in Inc. magazine this week on business in Norway. The gist of it is that Norway — land of Vikings, fjords, and ridiculously high taxes — is beating America at it’s own game. Norway has more entrepreneurs per capita than the US, and their economy grew nearly 3% during [...]
Continue reading about How Should Countries Measure Success?
