Posts tagged as:

House

Congress Takes a Holiday, Passes Payroll Tax Cut Extension Anyway

23 December 2011

Congress may be on holiday but they still managed to get something done. And by something, I mean nothing. But they want to pretend that they did something so we’ll let them have their moment. The House and the Senate passed a bill that would extend the payroll tax cuts for a lousy two months. [...]

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Congress to Taxpayers: We Give Up

21 December 2011

For the second time in so many months (remember the debt ceiling deadline debacle?), Congress has thrown up its hands and walked away. After failing to reach a workable compromise on the payroll tax cut extension, members of the House left town for the holidays. The payroll tax cuts are set to expire before the [...]

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Monday Night Vote Lessens Chances of Payroll Tax Cut Approval

20 December 2011

The payroll tax cut extensions are going nowhere fast… A vote last night by Republicans on the House rules committee will prevent a direct vote today on the Senate plan to extend the cuts by a ridiculous two months. So if you were looking for an update, go about your business today, there’s nothing to [...]

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Tax Deal Passes House

17 December 2010

You know how when you were a kid, you’d think about something coming up that you were really looking forward to – like Christmas or your birthday or vacation – and then it would come and you were all, “This is it?” The tax deal passed last night in the House. It was kind of [...]

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Tax Issues and Elections

3 November 2010

According to most post election polls, voters cited the economy as the #1 factor in influencing votes – more than health care, more than abortion, more than homeland security, more than immigration, more than education. This makes me wonder: what influenced your vote this year? If it was the economy, were taxes a factor? Or [...]

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Sentiments Mixed on Housing Tax Bill

10 April 2008

The House of Representatives Ways and Means Committee approved a bill that would offer tax breaks to first-time home buyers. The proposal would allow first-time home buyers, within income limits, a refundable tax credit of up to $7,500 that would have to be repaid to the government over a period of fifteen years. The tax [...]

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House Votes to Repeal Big Oil Tax Cuts

28 February 2008

The House of Representatives has voted to repeal $18 billion of tax breaks for oil and gas producers, as expected. The bill passed by a vote of 236-182. The bill now heads to the Senate, where it will be more difficult to get a win. Even if it does pass in the Senate, the White [...]

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