In Sunday’s interview with Fox’s Bill O’Reilly, the President said “I didn’t raise taxes once. I lowered taxes over the last two years.” The Wall Street Journal offers this correction: ‘I Didn’t Raise Taxes Once’ Refreshing the President’s memory. As for tax increases on individuals, perhaps he forgot the health-care bill’s new 0.9 percentage point …
50 million itemizers can’t file taxes before mid-February CNNMoney.com. The IRS said that it needs until mid- to late-February to reprogram its processing systems because Congress acted so late this year cleaning up the tax code. The bill, which includes deductions for state and local sales taxes, college tuition and teacher expenses, wasn’t signed into …
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