Debt Consolidation, Help and Relief

Stimulus Recipients Owe Millions In Back Taxes

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  • Posted 05/27/11. by alison

A federal auditor says that contractors and businesses that received federal stimulus money back in 2009 owe billions in unpaid government taxes. The Government Accountability Office says that as of last fall the total bill for unpaid taxes, interest and penalties was $330 billion. “We’ve known for some time that there’s a significant tax gap [...]

Why Wealthy May Not Be Impacted By Higher Tax Rates

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  • Posted 05/5/11. by alison

There’s a big debate going on about whether or not to increase the tax rate on the wealthy. And if the super rich don’t seem that upset about it there’s a reason according to The Daily Beast. They talked to economist Bruce Bartlett who explained that higher taxes for the rich won’t really impact Mark [...]