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politics

Senate Passes Budget, Calls For Nearly $1 Trillion In Tax Increases

23 March 2013

Tweet After an extraordinary four year dry spell, the Senate has passed a formal budget proposal. It now goes to the House where, mark my words, it has zero chance of passing. Despite all of the back-slapping, the bill wasn’t all that popular in the Senate. The final vote resulted in a slim victory: 50-49. [...]

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Former Detroit Mayor Found Guilty On Multiple Counts, Including Tax Charges

11 March 2013

Tweet Guilty. It’s a word that former Detroit Mayor Kwame Kilpatrick heard 24 times today. A former political star, Kilpatrick became the the youngest person elected to mayor of Detroit in 2001; he was 31 years old at the time. Detroit residents had high hopes for the new mayor. The city, which had seen its [...]

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Some Small Businesses Take A Hit From Sequestration

5 March 2013

Tweet March 1 came and went and the world was still standing. Sequestration made a big splash at the end of February. Taxpayers were worried… How would it affect Tax Day? Would refunds be slowed down? Would the lights stay on in Congress? But as March kicked off, tax season was (finally!) in full swing [...]

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Senate Fails To Push Through Last Minute Measures To Avoid Sequestration

28 February 2013

Tweet What do Republicans and Democrats have in common? Neither party can seem to muster a bill to head off the sequester looming on Friday. Two proposals were raised in the Senate today to address the sequester. Both failed. The Republican proposal would have let the cuts stand and allowed the President to decide on [...]

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As Sequester Looms, Clergy Stages “Pray-In” At Boehner’s Office

26 February 2013

Tweet About all I can say for the United States Senate is that it opens with a prayer and closes with an investigation. – Will Rogers We’re about to find out how the United States House of Representatives reacts to prayer. Today, at 11:00 a.m, various members of the clergy will lead a “Family Pray-In” [...]

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How Will Your State Be Impacted By Sequestration?

24 February 2013

Tweet Five days. That’s how long until the sequestration goes into effect. Sequestration, painted as one half of the worst thing ever, is a series of across the board federal cuts which are scheduled to occur if Congress doesn’t act to cut spending. And Congress hasn’t acted on spending since 2011 (when they voted not [...]

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Jacksons Plead Guilty To Fraud and Tax Charges Related to Campaign Funds

20 February 2013

Tweet One couple, two pleas. In a day that had many on the Hill glued to their seats, former U.S. Rep. Jesse Jackson Jr. and his wife, former Chicago Alderman Sandra Stevens Jackson, both pleaded guilty to federal charges related to campaign fund abuse. At the start of the day, Jackson Jr. told U.S. District [...]

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Newtown Lawmaker Proposes ‘Sin Tax’ On Violent Video Games

17 February 2013

Tweet On December 14, 2012, my mom and I traveled to my son’s elementary school to watch his holiday show. He performed with the other kids in his first grade class. They sang songs about Christmas and Hanukkah and even got in a little drumming. It was adorable. I kissed him goodbye, ruffled his hair [...]

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The Cost Of Health Care Insurance, Taxes and Your W-2

14 February 2013

Tweet Notice any different about your form W-2? Take a look at Box 12. See anything that wasn’t there last year? The value of health care coverage provided by your employer is now reported in Box 12 with Code DD to identify the amount. The amount reported in the box should include both the portion [...]

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Taxes and the State of the Union 2013

13 February 2013

Tweet Last night, the President delivered his annual State of the Union speech to members of Congress and to the nation. Each year, this is the President’s opportunity to address Congress and the nation about how we’re doing as a country and what his particular agenda will be for the coming year. You can read [...]

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