One of the things you loathe is sitting down and sorting out your taxes. You are happier having someone tell you ‘this is the amount of tax you will have to pay for this year’ and paying it out, rather than sitting down and going through the painful process of calculating the tax due.
I want Treasury Secretary Tim Geithner's plan to save the banks to work. I want banks to jettison all the crap on their balance sheets and allow taxpayers to profit. Everyone does. It'd be the ultimate victory during an economic collapse where nothing has gone right
You finally get down to the bottom line of your tax return, and the balance due to Uncle Sam is much more than you expected. In fact, it's more than you can afford to pay. You've dug through the couch cushions and checked all your pants pockets, but all you got was $26.55 and a lot of lint.
Toronto -- A poll of Canadian taxpayers suggests more than half oppose government aid to foundering automakers they claim brought on their own problems.
The Strategic Counsel online survey of 1,500 Canadians for CTV News and the Globe and Mail found 46 percent supported federal loans, while 54 percent opposed it.
The poll was done March 13-16, before Chrysler Canada threatened to pull out of Canada altogether if it didn't receive $2.3 billion and have a tax dispute resolved.
The poll asked about such a scenario before that happened, and 61 percent of respondents said they wouldn't back a bail-out in the face of threats, CTV said.
Tim Woolstencroft, managing partner with The Strategic Counsel, told the broadcaster the poll results indicate criticism of the chief executive officers and management of General Motors, Ford and Chrysler.
Ottawa -- Vancouver's Olympic Village, the Canadian auto industry and a giant inflatable banana were among the winners Wednesday of gold pigs.
The Canadian Taxpayers Federation announced the 11th annual Teddies Waste Awards at a ceremony in Ottawa, the Canadian Broadcasting Corp. reported. The awards honor Teddie Weatherill, a civil servant fired for imaginative spending.
The group gave the auto industry a lifetime achievement award for its history of receiving government grants and loans.
Awards were given for each level of government, local, provincial and federal. Vancouver got the municipal prize for what Kevin Gaudet, the federation's executive director, called "waste of Olympic proportions" on the Olympic Village.
The Manitoba Child and Family Services agency received the provincial honor for providing spa days for employees, complete with pedicures and facials.
Houston -- Taxpayers in Texas may have to pony up about half of the tab for wind damage caused by Hurricane Ike, state officials said.
Currently, the Texas Windstorm Insurance Association has $2.1 billion available to pay for the storm's wind damage claims, about half of what it may need, the Houston Chronicle reported Thursday.
"Rates are going to go up," state Rep. Craig Eiland said. "But, the immediate need is making sure people have the opportunity to file their claims."
The TWIA, created to help make windstorm insurance more affordable, has 142,566 policies and $42 billion in exposure, the newspaper reported. The bill expected from claims associated with Hurricane Ike could reach $4.2 billion, the Chronicle said.
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