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Entries Tagged ‘tax rates’

Arizona’s New Withholding

Arizona has done it again.  Currently, anyone who is being paid in Arizona must select from several percentages on the A-4.  Arizona withholding is based on a percentage of federal withholding.  The percentage you pick will be multiplied times the federal withholding number on your paycheck to arrive at Arizona withholding.  If you selected 24.5%, [...]

Stealing the Tax Base

Pardon the baseball analogy.  The season is almost over and I just couldn’t help myself. There is statistical evidence that taxpayers in high tax states are leaving those states and setting up residence elsewhere at the rate of 1100 per day.  By increasing taxes to cover shortfall, states and the federal government to an extent [...]

U.S. Taxing History

Today’s post will be a short discussion on the entity that everyone loves to hate, the Internal Revenue Service.  It is important to take note however that the IRS does not make the laws.  They enforce the laws made by representatives that we send to Washington DC on our behalf.  If you think a law [...]