We finally are in 2017. Thank goodness. I am so jazzed for the start of the 2020 presidential campaign in a few weeks!
OK, that’s a joke. No more White House wannabes for a while, please, especially since we have an incoming president and Congress from the same political party. That means that for the first time in ages, we have the possibility of tax reform.
While we’re waiting for a new and improved tax code — and even after (or if) it really, truly happens — I’ll keep count of tax related stuff in By the Numbers.
2017 is the seventh year of this numerical tradition here at the ol’ blog.
And in keeping with the numeric posts of 2011, 2012, 2013, 2014, 2015 and 2016, I’ll select a new figure — ranging from tax rate percentages to dollar amounts to titles of tax legislation to raw numbers and much, much more — that has even a remote tax connection to be featured.
Again as in past years, I’ll try to get the relevant figures up each weekend. But, one final (I swear!) again, sometimes stuff happens, meaning the number goes up early or, more usually, late.
Regardless of the timing, you can always find the new number on the ol’ blog’s home page under the multicolored numbers box (pictured on this page, too!), as well as on this special page. The newest post each week will go at the top of the list.
So welcome 2017. Here are your numbers!
- $1.07
Beer, wine and liquor get savings under new tax law (Dec. 31, 2017) - $34,558.65
Cost of 12 days of Christmas cheer comes to $34,558.65 (Dec. 24, 2017) - 1,097
Highlights of the GOP tax bill that’s about to become law (Dec. 16, 2017) - $2.5 million
Feds bust $2.5 million football survivor betting pool (Dec. 10, 2017) - 11
The tax writing’s on the bill, some of it possibly from more than 6,200 lobbyists (Dec. 3, 2017) - £3.3 million
F1 champ Hamilton avoided millions in private jet taxes (Nov. 26, 2017) - $1
Mnuchin money meme arises from currency photo shoot (Nov. 18, 2017) - 13
GOP tax plans would rub SALT in some Red State tax wounds (Nov. 12, 2017) - $13 billion
Tax reform could cost charities $13 billion a year (Nov. 5, 2017) - $214.6 billion
Tax evasion is a side hustle side effect (Oct. 28, 2017) - 2018
Retirement plan inflation adjustments for 2018 (Oct. 21, 2017) - Jan. 31, 2018 (yes, again)
California, U.S. territory taxpayers get disaster tax relief (Oct. 14, 2017) - 8
Family businesses get estate tax break thanks to Treasury decision to revoke tax regulation (Oct. 8, 2017) - Nov. 13, 2017
Tax reform details to be submitted by Nov. 13 (Oct. 1, 2017) - 41 percent
Tax reform is top concern for small businesses (Sept. 23, 2017) - 802
Countries’ takes on Bitcoin and taxes vary widely (Sept. 15, 2017) - 143 million
Protecting your financial & tax data from Equifax hackers (Sept. 9, 2017) - 30,000
U.S. economy could take a big hit if DACA is revoked (Sept. 2, 2017) - Jan. 31, 2018
IRS grants tax relief to Texans hard hit by Hurricane Harvey (Aug. 29, 2017) - 1,140
U.S. & U.K. share similar tax law complexity problems (Aug. 20, 2017) - 2.25 percent
Seattle bucks Washington State’s no-income-tax rule, choosing to tax earnings of the city’s wealthier residents (Aug. 13, 2017) - 3,500
New IRS Criminal Investigation chief announces goals (Aug. 6, 2017) - $3 billion
Foxconn promised $3B in tax breaks to build Wisconsin plant (July 29, 2017) - 8
Treasury cites 8 burdensome tax regs that might be axed (July 23, 2017) - $1.7 million
Rapper DMX accused of cheating IRS out of $1.7 million (July 15, 2017) - $300 million
Mayweather files suit against IRS to avoid tax bill KO (July 9, 2017) - 2 cents
Soda taxes will up holiday cookout costs in a few cities (July 2, 2017) - 0
Tax professionals are target of yet another ID theft scam (June 25, 2017) - $19.4 billion
Thanking dad on Father’s Day for all of his support (June 18, 2017) - $68.3 million
IRS joining lottery players in hoping for Powerball win (June 10, 2017) - 66 percent
American expatriates don’t like paying U.S. taxes (June 4, 2017) - ฿3 billion, £69 million and $88 million
Joint Thai-British investigation breaks alleged auto export scheme that evaded billions in customs duties and taxes (May 28, 2017) - 10
Armed Forces Day thanks to our military via celebrations, military-related tax breaks and tax-rewarded jobs (May 20, 2017) - 23.3 percent
State sales taxes will add to your Mother’s Day gift price (May 13, 2017) - 65 percent
Many Americans oppose Trump’s tax plan and want to see the president’s tax returns first (May 6, 2017) - $303,717
Sparsely populated Texas county is fracking richest in U.S. (April 30, 2017) - 113
Tax Freedom Day 2017 has arrived! (April 23, 2017) - 4
The scoop on paying estimated taxes (April 15, 2017) - 12,000
Free tax prep, e-filing help at VITA & TCE sites nationwide (April 9, 2017) - $2
California’s cigarette tax jumped $2 on April 1 (April 2, 2017) - $1.5 billion
Amazon wins $1.5 billion tax fight with the IRS (March 25, 2017) - 666
When it came to tax filing, the Devil made him not do it (March 18, 2017) - 8.5 percent
Thoughts on why the 2017 tax filing season is off to a curiously slow start (March 11, 2017) - $3,071
Tax refund recipients say they’ll save, pay off debt (March 5, 2017) - 60 percent
Coloradans hate the state’s new ‘tattletale’ sales tax law, but it will take effect this summer (Feb. 26, 2017) - 12
Watch out for the Dirty Dozen tax scams of 2017 (Feb. 19, 2017) - 0.1 percent
Mnuchin tax rule looks like it was made to be broken (Feb. 12, 2017) - $4.5 billion
Americans expected to bet $4.7 billion on Super Bowl LI (Feb. 5, 2017) - $2,917
Californians file most EITC claims; Mississippi taxpayers get biggest average check (Jan. 28, 2017) - 173,241
1st White House petition of Trump era seeks peek at 45th president’s tax returns (Jan. 21, 2017) - 418
More tax whistleblowers were rewarded last year, but they got less money (Jan. 15, 2017) - 8
8 tax bills already introduced in the 115th Congress (Jan. 08, 2017)
Happy tax counting!
