Tax Lesson News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> sean: writer for the best of the web column, james taranto is back. a columnist for fortune magazine, nina easton and a senior editor for the daily column, jamie weinstein is here. have you 60 tickets? >> we have 60. i am going to win. >> sean: i have it here. >> maybe we have the same number. >> sean: who said split anything? >> i want to make sure that you are going to pay your fair share of taxes. i want -- i upon the rich to pay their fair share of taxes. >> sean: the government's double dipping. they get half the pot for the tickets and then they will get mortop -- >> this is what -- i...

>> sean: writer for the best of the web column, james taranto is back. a columnist for fortune magazine, nina easton and a senior editor for the daily column, jamie weinstein is here. have you 60 tickets? >> we have 60. i am going to win. >> sean: i have it here. >> maybe we have the same number. >> sean: who said split anything? >> i want to make sure that you are going to pay your fair share of taxes. i want -- i upon the rich to pay their fair share of taxes. >> sean: the government's double dipping. they get half the pot for the tickets and then they will get mortop -- >> this is what -- i...

>> sean: writer for the best of the web column, james taranto is back. a columnist for fortune magazine, nina easton and a senior editor for the daily column, jamie weinstein is here. have you 60 tickets? >> we have 60. i am going to win. >> sean: i have it here. >> maybe we have the same number. >> sean: who said split anything? >> i want to make sure that you are going to pay your fair share of taxes. i want -- i upon the rich to pay their fair share of taxes. >> sean: the government's double dipping. they get half the pot for the tickets and then they will get mortop -- >> this is what -- i...

Learned a tax lesson last week. twitter threatened to move its company from san francisco because of its high taxes. so politicians exempted companies in a certain section of the san francisco from the city's payroll tax. >> you can get the hell out of town. >> activists were outraged. >> don't they see, if you don't like it, you shouldn't get a special tax break. get out of town. don't they see the law since twitter left? >> obviously not. they don't see the loss, do they. i think it's because they see taxation not just as a wade of raising money but as a way of punishing success. there is an...

That -- but in america do we pay federal taxes and state and local taxes which is sad, but one good part about it, it's hard to leave the country, it's not so hard to leave the state or city. when one state imposes unusually nasty taxes people vote with their feet and they do. >> this year, illinois raised the state income tax from 3% to 5%, the corporate tax to 7% and passed a new law that forces internet retailers to act as tax collectors. that was enough for this company to hit the road. they concluded it would cost a third of its revenue. so even the moving expenses, last week the company ...