Posts tagged as:

Bush Tax Cuts

Occupy Wall Street Raises Questions About Taxes, Money and Blame

18 October 2011

Yesterday marked the month long anniversary of Occupy Wall Street. I realize that there are those that quibble with the dates as the actual protest has been a long time coming but the first organized group of protestors reportedly hit the streets of New York City on September 17, marking the more or less official [...]

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CBO Releases Updated Budget Outlook, Suggests Picture Improving

24 August 2011

Kids, put on some good clothes and get in the car! We’re going out to celebrate! As it turns out, the country is only $1.28 trillion short this year. The nonpartisan Congressional Budget Office released its updated Budget and Economic Outlook today (downloads as a pdf) and it’s not all that bad. Okay, it’s not [...]

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Call For Guest Posts About Taxes and the Economy

7 August 2011

As I have done for the past few years, I’ll be turning over the reins at taxgirl to my readers for the last week in August. Last year, pieces focused on the expiring Bush tax cuts (like this one and this one); in 2009, I asked readers what kind of tax reform ideas they wanted [...]

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Deduct This: The History of Student Loan Interest

13 June 2011

This week, I reached a pretty significant milestone: I finally paid off my undergraduate student loans. Hold the champagne: I now get to plug away at graduate loans which are much bigger. Don’t read too much into that, it’s not a complaint in the real sense. I have always considered my education an investment and [...]

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Waiting on Another Federal Stimulus Check?

8 June 2011

Prepare to keep waiting. A flurry of dismal news including a somber May jobs report and a less than encouraging report from Federal Reserve Chairman Ben Bernanke sent stocks and spirits lower midweek. Traditionally, that combination of factors leads to talk of a federal stimulus to give the economy a bit of a shot in [...]

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Tax Deal Passes Senate Unscathed; Onto the House

15 December 2010

Not surprisingly, the Senate the tax cut package today by an overwhelming majority (81-19). And I know what you’re thinking: all of the “No” votes came from the Democrats. Nope. Here’s who voted against the deal: Bingaman (D-NM) Coburn (R-OK) DeMint (R-SC) Dorgan (D-ND) Ensign (R-NV) Feingold (D-WI) Gillibrand (D-NY) Hagan (D-NC) Harkin (D-IA) Lautenberg [...]

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Bush Suggests Tax Cuts A Tough Sell Because of Nickname

15 December 2010

Former President George W. Bush recently appeared on Scott Hennen’s radio broadcast to discuss his economic policy. You can give a listen to part of what he had to say here: With respect to the current tax deal in Congress, Bush clearly supports extending those cuts but he noted that some of the hesitation to [...]

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If At First You Don’t Succeed: Another Vote Scheduled for Tax Deal

10 December 2010

This one isn’t going down without a fight. After Democrats in Congress publicly defied President Obama by refusing to endorse the tax deal he negotiated with Republicans, the measure is going to another vote. On Monday, the Senate will take up a procedural vote to attempt to bring the deal to the floor. In response, [...]

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Breaking News: Dems Say No to Tax Deal

9 December 2010

In what can only be considered a huge setback for President Obama, Democrats in the House have said no to the tax deal that the President recently negotiated with the Republican leadership. Talks go on. Stay tuned!

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The Morning After: The Tax Deal Hangover

8 December 2010

I’ll admit that I didn’t see yesterday’s tax deal coming. I was fairly certain that the drama would play out through this week. We still have drama but now it’s more of the “let me explain” variety. Let me see if I can sort out for you what happened and why. First, let’s talk timing. [...]

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