Last summer, the El Paso County commissioners revised the way that the county collects use tax on building supplies. For many years, the county had relied upon the city to collect the 1 percent tax, which builders are obligated to pay for materials used in commercial or residential construction. Payment of the tax was on [...]
Continue reading …State moves one step closer to ending a big business community disincentive
April 24, 2009 Comments OffLast week, the state Senate Appropriations Committee resurrected a bill that would phase out the taxes businesses pay on equipment. The legislation had been tabled earlier this month after a committee vote ended in a tie. However, the bill’s author, Douglas County Republican Sen. Mark Scheffel, appealed to Democratic committee chairman Sen. Abel Tapia to [...]
Continue reading …How many of you met with your accountant this year on or before April 15 and were shocked by the amount due? How many of you did not plan in advance and had no idea what number you would end up with? This is not a good feeling for anyone, and rest assured, there are [...]
Continue reading …Feeling the pain from filing taxes today? Several national chains are offering deals for the tax-oppressed. Here’s a roundup of Tax Day deals around town and online. Chick-fil-A: visit a participating restaurant today keep your receipt. The Tax Relief Day Special allows diners to return before April 30 and receive the same order free. Cinnabon: [...]
Continue reading …Peter Schwartz Author, and former chairman of the board, of the Ayn Rand Institute In dealing with AIG, why are people pussy-footing around? They believe that the bonus money was stolen from the public and must be retrieved by any means possible. So why not bypass the niceties and just send in some well-armed “enforcers” [...]
Continue reading …WASHINGTON (AP) – However they satisfy their nicotine cravings, tobacco users are facing a big hit as the single largest federal tobacco tax increase ever takes effect Wednesday. Tobacco companies and public health advocates, longtime foes in the nicotine battles, are trying to turn the situation to their advantage. The major cigarette makers raised prices [...]
Continue reading …A forum to discuss tax measures on the April 7 ballot is scheduled for 11 a.m. today in the Carnegie Room of the Penrose Public Library at 20 N. Cascade Ave. The Gazette and KOAA-TV are sponsoring the forum. News reporters from both organizations will ask questions of the supporters and opponents of the measures. Tax questions [...]
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