It’s that time of year again…<\/p>\n
…certain whaling captains may be eligible to deduct expenses for paid in 2005 for Native Alaskan subsistence bowhead whale hunting activities. <\/p>\n
…if you drove to and from volunteer work, you can take the actual cost of oil and gas or 14 cents a mile. But… related to Hurricane Katrina after August 24, 2005, this amount is increased to 29 cents a mile (34 cents a mile after August 31, 2005).<\/p><\/blockquote>\n
And time for FairTax<\/a>, too…<\/p>\n
The FairTax is a non-partisan proposal (HR 25\/S 1493) that abolishes all federal income taxes, including personal, estate, gift, capital gains, alternative minimum, corporate, Social Security, other payroll, and self-employment taxes, and replaces them all with one simple, visible, federal retail sales tax. The FairTax dramatically changes the basis for taxation by eliminating the root of the problem: Taxing income. The FairTax taxes us only on what we choose to spend, not on what we earn. It does not raise any more or less revenue; it is designed to be revenue neutral. The FairTax is a fair, efficient, and intelligent solution to the frustration and inequity of our current tax system.\n<\/p><\/blockquote>\n