Posts tagged as:

tax-cut

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. [...]

0 comments Read the full article →

Boehner Pushes for One Year Extension on Payroll Tax Cuts

18 December 2011

It’s not often that you’ll see me lauding House Speaker [entity display="John Boehner" type="person" active="true" key="john-boehner"]John Boehner[/entity] (R-OH) as the voice of reason but here it is: the man is one of just a handful in Congress making some sense with respect to these payroll tax cuts. Speaker Boehner is pushing for a full year [...]

0 comments Read the full article →

Mmm… Obama’s Plan Is So “Job Creating”

12 September 2011

President Obama will send his new jobs creation plan to Congress later today. He’s going to pitch it first in the Rose Garden surrounded by the kinds of folks that make for good press (vets and teachers, for example) and then send it to Congress for consideration. It’s not going to be an easy road. [...]

1 comment Read the full article →

$300,000 Is Rich: Don’t Deny It

20 June 2008

Guest Post by: Kate Olson This article in a recent BusinessWeek magazine instantly made me bristle – “Taxing the Not-So-Rich Rich” makes the case that families bringing in a combined income of greater than $250,000 aren’t necessarily wealthy and shouldn’t be taxed as such under presidential nominee (D) Barack Obama’s proposed tax plan. This plan [...]

10 comments Read the full article →

Suddenly, being financially irresponsible pays off!

11 October 2007

The House Ways and Means Committee has voted to permanently remove the income tax consequences for homeowners whose debt is partially forgiven by a lender after a foreclosure. The bill is likely to pass the House and Senate, and President Bush has already spoken publicly about his approval of the measure. Great. Now homeowners have [...]

0 comments Read the full article →