Tagged: Taxes

More than 99 million federal taxpayers had filed their returns as of Tuesday, with more than 80 million of those expecting a refund.

People who file at the last minute — and Tuesday is this year's deadline — are somewhat more likely to owe money to the government. And if Congress and the president don't act, next year could see many more Americans paying higher taxes.

That's not because either President Obama or presumptive Republican challenger Mitt Romney advocate a tax increase for most Americans.

When IRS agents raided the house of rapper Young Buck, they seized all his things: his white leather dining chairs, his watches, his craps table, his tattoo kit. Even his refrigerator. The Nashville artist, who was once part of 50 Cent's G-Unit, owed hundreds of thousands of dollars in back taxes.

His lawyer, Robin Mitchell Joyce, said he thought Young Buck's taxes were being handled by his business manager. They weren't.

Every year, millions of Americans scramble to file their income taxes before the filing deadline — ordinarily April 15.

But procrastinators get a reprieve this year: The 2012 deadline falls on Tuesday, April 17.

This year, April 15 falls on a Sunday. One might expect that would make Monday, April 16, the 2012 filing deadline.

But not so this year. Monday is the District of Columbia's Emancipation Day — a local holiday unfamiliar to most Americans.

Part 1:

Users, Unite!

This is the one union that will kick you out if you pass a drug test. Jesse McKinley wrote about the evolution and demands of the San Francisco drug users union for The New York Time.

New York Times Article  

Part 2:

The Cow Clause

Gambling in New Hampshire ran up against a stacked deck in the Statehouse today. 

The House has voted to kill a bill that would have brought four casinos and 14,000 video slot machines to the state. The bill would have used gambling revenue to reduce business taxes.

Supporters urged quick action to offset the recent approval of three casinos in Massachusetts.

"Since Massachusetts passed its own expanded gaming bill, doing nothing is no longer an option," says Representative David Campbell, a Democrat from Nashua.

The House rejected that plan by 40 votes.