I can’t imagine where this college student heard some of the stuff she mentions in the course of submitting her question to Kelly. BTW – I assume that the questioner is not an English major.
* An interesting report from the US Census Bureau – “Census Bureau Reports Nearly Half of U.S. Residents Live in Households Receiving Government Benefits”.
According to the report –
“In the third quarter of 2008, approximately 45 percent of U.S. residents lived in households in which at least one individual received government benefits, according to data released today by the U.S. Census Bureau.”
Unfortunately I am not among the blessed 45%. What am I doing wrong?
* I had previously reported that April 9th was Tax Freedom Day (OOPS- did I forget to post on Tax Freedom Day 2010?). Now Kay Bell tells us that this past Monday was “Tax Freedom Day Sequel: Deficit Day” at DON’T MESS WITH TAXES. This year’s “D-Day” was “the second latest deficit-inclusive Tax Freedom Day since World War II”.
Kay’s post provides an interesting statistic – “This creates a per-household deficit of $13,158”.
This item seems to be an excellent “companion” to the previous one on the extent of Americans “on the tit”.
FYI, New Jersey’s Tax Freedom Day was April 25th. NJ was #2 (no jokes now) on the list – only 2 days before Connecticut.
* It seems that someone actually reads these tax blogs – in addition to other tax bloggers.
The blog posts of absolutely fabulous Joe Kristan (ROTH AND COMPANY TAX UPDATE BLOG) and Kelly Phillips Erb (TAX GIRL) are quoted by Bill Toland in the Pittsburgh Post-Gazette article “Some Find Pennsylvania's Tax Amnesty Ads Too Scary”.
For more info on PA’s Tax Amnesty Program click here.
* Speaking of Joe Kristan, he reports that “the Senate Finance Committee may be nearing an estate tax agreement” in “Estate Tax: 35% Rate, $5 Million Exemption?” at the ROTH AND COMPANY TAX UPDATE BLOG.
* The IRS HITMAN provides some good “More Hard Truths on Tax Debt”.