There’s no shutdown in the cards: Washington has finally passed a spending bill. The Consolidated Appropriations Act, 2020, includes a wide range of provisions from
Read MoreTag: budget
7 Budget & Tax Related Reasons We May Be Headed Towards A Government Shutdown
On Sunday, Forbes contributor Stan Collender boosted his estimate of the chance that there will be a government shutdown from 67% to 75%. With the
Read MoreCiting Budget Woes, State Won’t Pay Up (Yet) On Big Lottery Winnings
Author’s Update: The Illinois Lottery disagrees with the characterization that a promise to pay in the future is an IOU, reaching out to say, “At
Read MorePresident's New Tax Proposal Would Hit Wealthy, Benefit Middle Class
With just a few days before the President delivers his 2015 State of the Union address to Congress, the White House has released a “sneak
Read MoreMarion Barry Doesn’t Want To Tax Your Yogurt
Does Marion Barry want to tax your yogurt? Er, maybe it’s your yoga.
Read MoreHigher Or Lower: How Do You Think Your U.S. Tax Burden Compares To Other Countries?
If it hurt to write that check to Uncle Sam, you’re not alone: personal income taxes have risen in 21 out of 34 Organization for
Read MoreBudget Faces Challenge From Senators Wary Of Spending, User Fees To Taxpayers
The House has passed a budget deal – and convincingly so. But it will pass muster in the Senate? There are challenges, including concerns about increased spending and those pesky user fees. Are we in for another filibuster?
Read MoreTax Revenues On Pace To Reach Record $3 Trillion In 2014
Tax revenues are on track to hit a historic $3 trillion in 2014. Why are tax revenues increasing? And what does it mean going forward?
Read MoreCongress Marches Towards Shutdown, Spares Military
With minutes to go, it looks like the government may shut down. That would mean delayed paychecks for our 1.4 million active military personnel. Is Congress really going to let that happen?
Read MoreNC Lawmakers Reckon With The Three Rs: Reading, Writing & (Tax) Reform
North Carolina Gov. Pat McCrory is under fire for cuts to the education budget. To make way for the cuts, rates for personal and corporate income taxes were slashed with additional changes made to sales and use taxes, unemployment insurance, and property taxes. Is it worth it?
Read More