Posts tagged as:

economy

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 [...]

0 comments Read the full article →

State of the Union 2011: What Does It Mean?

26 January 2011

Last night, the President delivered his annual State of the Union speech to members of Congress and to the nation. The text follows below but here are a few notable observations: The speech, as written, is 6,830 words in length and ran for 61 minutes during delivery. The word “economy was used 7 times and [...]

7 comments Read the full article →

Is New Jersey Running Out of Money?

30 September 2010

New Jersey taxpayers bear one of the highest state and local tax burdens in the country, a fact that wasn’t lost on voters in the most recent gubernatorial election. Residents generally took some solace in the fact that they receive, on average, a significant amount of services from the government (including well-funded and high-performing public [...]

3 comments Read the full article →

Existing home sales rebound in August – Sep. 23, 2010

23 September 2010

Interesting reading from CNN this morning that indicates that the housing market might be steadying: Existing home sales rebound in August – Sep. 23, 2010. This is clearly impossible. I mean, I’ve been reading propaganda from the National Association of Realtors articles for months now that absolutely, positively indicated that without additional housing tax credits [...]

4 comments Read the full article →

Obama Proposes Tax Breaks for Business: Too Little, Too Late?

8 September 2010

Where were you on December 1, 2007? It’s one of those dates that you’re likely not to remember. But according to the National Bureau of Economic Research, that’s about when the recession really started. If you believe that we’re still in a recession (and most economists seem to), that makes 34 months. We’ve had stimulus [...]

3 comments Read the full article →

Guest Post: Are Expiring Tax Cuts a Good Thing?

2 September 2010

This week, I’ve asked readers to chime in on the Bush tax cuts. This guest post is courtesy of Michael Rozbruch, IRS Problem Solver and Tax Relief Blogger (for more on the topic, see the original post): Tax cuts can actually be a good thing for the economy; they just have to be able to [...]

10 comments Read the full article →

Schumer Pushes Call Center Tax

1 June 2010

If Senator Charles Schumer (D-NY) gets his way, the cost of calling for tech support is going up. Under a new proposal, US companies would be taxed 25 cents per call outsourced to a foreign call center; there would be no fee for calls transferred to a call center inside the US. The bill would [...]

13 comments Read the full article →

Tax or No Tax?

30 September 2009

The good news: nearly 50% of American households (47%, to be precise) won’t pay any federal income tax in 2009. The bad news: the remaining 50% (or so) will have to foot the bill for everyone. You can thank (or blame) the new economic recovery package for bumping the percentage of taxpayers who won’t be [...]

10 comments Read the full article →

Geithner Back Tracks on Possible Tax Increase

15 September 2009

Remember last month when Secretary of the Treasury Timothy Geithner would not rule out a tax increase for the middle class to resolve our budget woes? Well, apparently he’s changed his mind. Speaking this week, Geithner was asked the same question. This time, his answer was: “I don’t think so, no.” So there you have [...]

1 comment Read the full article →

Wait? We Have Manufacturing in This Country?

16 February 2009

One of the most controversial measures in the soon-to-be-law American Recovery and Reinvestment Act of 2009 has nothing to do with tax cuts, earmarks or CEO pay caps. But the inclusion of one little sentence has set off a firestorm of complaints all over the world. The sentence? None of the funds appropriated or otherwise [...]

7 comments Read the full article →

← Previous Entries