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Schumer

Schumer Calls to Extend HIRE Act Credit

16 July 2010

About six months ago, a bipartisan effort to kickstart the economy in the form of new tax incentives, was signed into law by President Obama. The Hiring Incentives to Restore Employment (HIRE) Act, referred to as the HIRE Act, offered a tax break to businesses who hired previously unemployed workers. The break basically exempted employers [...]

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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 [...]

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PNC and Other Banks Benefit from Bad Debts

3 November 2008

Boy, am I glad that the government pumped billions of dollars into the banking industry! Since that time, borrowing has become significantly easier. Wait, that hasn’t happened? Well, at least the Dow regained its faith in the market. Wait, that didn’t happen either? What did happen? Oh yeah, banks made more money. Need proof? I [...]

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