Posts tagged as:

Obama

Taxes and the State of the Union

25 January 2012

Last night was the State of the Union speech as delivered by President Obama. Traditionally, the State of the Union speech is delivered once a year to both houses of Congress. For the last hundred years or so, the speech has been delivered in January of each year and is the President’s opportunity to address Congress [...]

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Obama Warns Congress About Payroll Tax: ‘Don’t Be a Grinch’

30 November 2011

It’s getting chilly in Pennsylvania… You can almost (almost) sense that Christmas is on the way. It’s no wonder then that President Obama would invoke the holiday spirit in his address from the Keystone State. Speaking from Scranton, Obama encouraged Congress to extend the existing payroll tax holiday. Originally, the extension looked dead in the [...]

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Christmas Tree Fee Out for the Holidays

9 November 2011

Hooray! Christmas has been saved! Okay, a bit dramatic. But the hue and cry surrounding the so-called Christmas tree tax had reached such a fevered pitch by this afternoon that you could have assumed the very holiday itself was under attack. Rest assured, the holidays are still on track. Nonetheless, President Obama announced plans to [...]

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Perry Wants You to Know that Romney is Rich: Do You Care?

27 October 2011

Let’s say that you have a shot at your dream job. You’ve done your homework, you’ve put in the hours, you’ve managed to get through the interview. There’s just one more thing: your tax return. Your potential employer has asked to you to disclose your tax return with the understanding that the information on the [...]

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Will Trump Release Tax Returns?

29 April 2011

In the midst of all of this birther nonsense, one man has been fixed in the spotlight and it’s not President Barrack Obama. It’s Donald Trump. As you know, Trump has been at the forefront of the birther movement as of late and has taken credit for the release of Obama’s long form birth certificate. [...]

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Tax Deal Headed for Another Vote

13 December 2010

It looks like Christmas will come early for Senate Republicans today. A procedural vote is scheduled for the tax deal negotiated by President Obama and the GOP with a final vote scheduled for tomorrow. As I predicted, the final deal will look very much like the original deal with few adjustments; to appease Democrats in [...]

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What’s Worse Than Confusing Legislation?

4 October 2010

What’s worse than confusing legislation? Creepy companies that try to capitalize on it. Here’s what we just received in the mail today… On the outside, we’re notified that we’re holding a “SECURED DOCUMENT” which we must “Open Immediately – Time Sensitive Information Enclosed” for our “Economic Stimulus Package Recovery Act.” A picture of the White [...]

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Tax Cut Vote Pushed Back

27 September 2010

Oh c’mon, like you didn’t see this coming a mile away… Congress has figured out that they’re pretty much damned if they do and damned if they don’t on this tax cut issue. So they’re going with the Scarlett O’Hara strategy. You know, thinking about it “tomorrow.” Here’s the scoop: over the weekend, the Democrats [...]

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Tax Breaks Expiring Soon – No, Not Those Tax Breaks

22 September 2010

As the debate over extending those Bush tax cuts continues, another tax break is slipping away… The Making Work Pay Credit, in place for the 2009 and 2010 tax years, is likely to not be extended to 2011 or beyond. Tax preparers (and tax software manufacturers) are likely breathing a sigh of relief. The tax [...]

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Boehner: If Loving Obama Is Wrong, Then I Don’t Want to Be Right

13 September 2010

Okay, maybe he didn’t take it *quite* that far. But taking a break from his earlier position, House Minority Leader John Boehner (R-OH) has signaled that he would vote for President Obama’s plan to extend the Bush tax cuts only for the middle class. But then he added a big “if.” Boehner said he would [...]

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