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NATIONAL
May 21, 2013 | By David Horsey
Now that more extensive, dispassionate reporting has been done about the "scandal” at the IRS, it is abundantly obvious that what is being called “targeting” of tea party organizations and other conservative groups was the result of bureaucratic confusion, not political conspiracy. The facts, of course, will not get in the way of this latest Republican jihad against the Obama administration. Republicans will continue to pump up the illusion of scandal for weeks to come and, just as some folks on the right remain convinced that Barack Obama was born in Kenya, those same people will take to their graves the conviction that he and his minions at the IRS plotted to impede the liberties of tea party activists.
ARTICLES BY DATE
OPINION
April 15, 2014 | By The Times editorial board
With lawmakers showing little enthusiasm for an ambitious proposal by House Ways and Means Committee Chairman Dave Camp (R-Mich.) to overhaul the byzantine U.S. tax code, Congress has to decide what to do about dozens of temporary tax breaks that expired Dec. 31. Among them is an exemption for forgiven mortgage debt that's an essential part of a broader federal effort to solve a nagging problem, namely the spate of defaults caused by the recession....
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BUSINESS
December 28, 2008 | Kathy M. Kristof, Kristof is a personal-finance author and syndicated columnist.
Dear President-elect Obama: Maybe it's because tax season is looming ominously -- or maybe it was your long list of campaign promises -- but taxes are at the top of my mind when thinking about my financial wishes for 2009. My one overriding hope: that you will show far greater courage than your three most recent predecessors when tinkering with the tax code. What does courage have to do with taxes? At the moment, not a thing. The U.S.
NATIONAL
May 21, 2013 | By David Horsey
Now that more extensive, dispassionate reporting has been done about the "scandal” at the IRS, it is abundantly obvious that what is being called “targeting” of tea party organizations and other conservative groups was the result of bureaucratic confusion, not political conspiracy. The facts, of course, will not get in the way of this latest Republican jihad against the Obama administration. Republicans will continue to pump up the illusion of scandal for weeks to come and, just as some folks on the right remain convinced that Barack Obama was born in Kenya, those same people will take to their graves the conviction that he and his minions at the IRS plotted to impede the liberties of tea party activists.
NEWS
August 20, 1986 | LEO C. WOLINSKY, Times Staff Writer
The apparent certainty that Congress will vote to overhaul the federal income tax system has revived efforts to simplify California's income tax code along similar lines. One bill that would link California taxes to whatever tax changes are eventually adopted by Congress already has passed the Assembly and is awaiting action in the Senate. Assemblyman Elihu M. Harris (D-Oakland), the measure's author, said he is prepared to press for a vote on his bill immediately.
NEWS
August 13, 1997 | KATHY M. KRISTOF, SPECIAL TO THE TIMES
The newly enacted federal tax law creates a huge discrepancy between California and federal laws that will translate into an excruciating headache for many taxpayers, analysts say. "From a tax preparation standpoint, it's going to be a nightmare," said Carolyn Kwock, analyst with tax publisher CCH Inc.'s state tax group. "There are definite differences between California and federal tax law, and we have no idea when--or if--the state is going to conform to the federal changes."
BUSINESS
April 1, 1985 | BILL SING, Times Staff Writer
About 300,000 California taxpayers are learning an annoying and costly lesson this year: What's good for Uncle Sam isn't necessarily good for the state. Since January, these taxpayers have begun receiving letters from the state Franchise Tax Board asking them to pay as much as $275 each in back taxes and interest because they illegally deducted contributions to individual retirement accounts on their 1982 state tax returns.
OPINION
April 15, 2014 | By The Times editorial board
With lawmakers showing little enthusiasm for an ambitious proposal by House Ways and Means Committee Chairman Dave Camp (R-Mich.) to overhaul the byzantine U.S. tax code, Congress has to decide what to do about dozens of temporary tax breaks that expired Dec. 31. Among them is an exemption for forgiven mortgage debt that's an essential part of a broader federal effort to solve a nagging problem, namely the spate of defaults caused by the recession....
NEWS
June 18, 1998 | JANET HOOK, TIMES STAFF WRITER
Responding to taxpayers' frustration with the complex federal tax system, the House on Wednesday approved a bill that would abolish the Internal Revenue Code in 2002--and call on Congress to replace it with a new, simpler code. Republican sponsors do not really expect the measure to become law this year, but they brought it to a vote as part of an election-year effort to portray Democrats as friends of a despised tax system.
NATIONAL
November 7, 2004 | Warren Vieth, Times Staff Writer
As the White House prepares to name a blue-ribbon panel on tax reform, the labyrinthine U.S. revenue code could face the first top-to-bottom rewrite since President Reagan closed loopholes and slashed income tax rates on a historic scale in 1986. "This is a fundamental look at the entire code, every component of the code," a senior administration official said late last week. "Nothing is off the table."
BUSINESS
December 28, 2008 | Kathy M. Kristof, Kristof is a personal-finance author and syndicated columnist.
Dear President-elect Obama: Maybe it's because tax season is looming ominously -- or maybe it was your long list of campaign promises -- but taxes are at the top of my mind when thinking about my financial wishes for 2009. My one overriding hope: that you will show far greater courage than your three most recent predecessors when tinkering with the tax code. What does courage have to do with taxes? At the moment, not a thing. The U.S.
NATIONAL
November 7, 2004 | Warren Vieth, Times Staff Writer
As the White House prepares to name a blue-ribbon panel on tax reform, the labyrinthine U.S. revenue code could face the first top-to-bottom rewrite since President Reagan closed loopholes and slashed income tax rates on a historic scale in 1986. "This is a fundamental look at the entire code, every component of the code," a senior administration official said late last week. "Nothing is off the table."
NEWS
June 18, 1998 | JANET HOOK, TIMES STAFF WRITER
Responding to taxpayers' frustration with the complex federal tax system, the House on Wednesday approved a bill that would abolish the Internal Revenue Code in 2002--and call on Congress to replace it with a new, simpler code. Republican sponsors do not really expect the measure to become law this year, but they brought it to a vote as part of an election-year effort to portray Democrats as friends of a despised tax system.
NEWS
August 13, 1997 | KATHY M. KRISTOF, SPECIAL TO THE TIMES
The newly enacted federal tax law creates a huge discrepancy between California and federal laws that will translate into an excruciating headache for many taxpayers, analysts say. "From a tax preparation standpoint, it's going to be a nightmare," said Carolyn Kwock, analyst with tax publisher CCH Inc.'s state tax group. "There are definite differences between California and federal tax law, and we have no idea when--or if--the state is going to conform to the federal changes."
BUSINESS
February 23, 1997 | KATHY M. KRISTOF
John Shoven is an economist who has studied and taught finance at Stanford University for 24 years. So, he's not surprised by the notion that the U.S. tax code contains a system of rewards and penalties for specific behavior. After all, it's no secret that if you buy a house, give to charity or have a child, the government rewards you with a tax deduction. Meanwhile, if you pull money out of a retirement plan too soon--or if you pay your income taxes too late--you get hit with a penalty.
NEWS
August 20, 1986 | LEO C. WOLINSKY, Times Staff Writer
The apparent certainty that Congress will vote to overhaul the federal income tax system has revived efforts to simplify California's income tax code along similar lines. One bill that would link California taxes to whatever tax changes are eventually adopted by Congress already has passed the Assembly and is awaiting action in the Senate. Assemblyman Elihu M. Harris (D-Oakland), the measure's author, said he is prepared to press for a vote on his bill immediately.
BUSINESS
February 23, 1997 | KATHY M. KRISTOF
John Shoven is an economist who has studied and taught finance at Stanford University for 24 years. So, he's not surprised by the notion that the U.S. tax code contains a system of rewards and penalties for specific behavior. After all, it's no secret that if you buy a house, give to charity or have a child, the government rewards you with a tax deduction. Meanwhile, if you pull money out of a retirement plan too soon--or if you pay your income taxes too late--you get hit with a penalty.
CALIFORNIA | LOCAL
January 4, 1996
Probably the most universally despised governmental agency ever known, the IRS, will only be tamed by massive changes in the voluminous and arcane U.S. Tax Code and, yet, our politicians are afraid to tackle the job. The currently leading Republican presidential candidate certainly won't as long as he keeps advisors who believe that "the basic problem with the flat tax is you just can't charge a guy who makes $1 million a year the same as a guy who...
BUSINESS
April 1, 1985 | BILL SING, Times Staff Writer
About 300,000 California taxpayers are learning an annoying and costly lesson this year: What's good for Uncle Sam isn't necessarily good for the state. Since January, these taxpayers have begun receiving letters from the state Franchise Tax Board asking them to pay as much as $275 each in back taxes and interest because they illegally deducted contributions to individual retirement accounts on their 1982 state tax returns.
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