Tag Archives: tax

A smart gax tax for South Carolina

  The “Net Zero” gas tax Thirty years ago, conservative columnist Charles Krauthammer proposed a revenue neutral gasoline tax to reduce consumption. To keep revenue neutral, he tied his proposed gas tax increases to a dramatic reduction in the payroll tax equal to the average tax paid nationwide. For example, if the average American contributes read more »

Transportation benefit changes for 2012

The Internal Revenue Service has announced the monthly limits on the value of qualified transportation benefits for employer-provided transit passes and qualified parking for 2012 under Internal Revenue Code Sec. 132(f).