Posts tagged as:

tax cuts

Zuckerberg May Not “Like” This on Facebook

21 April 2011

On Wednesday, President Barack Obama went all social media on us, appearing at a “town hall” style meeting at offices in Facebook. The event, which also featured Facebook CEO Mark Zuckerberg, the 19th wealthiest person in the U.S., estimated to be worth a cool $13.5 billion, was broadcast across the web as part of an [...]

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The Not-Nearly-So-Dramatic Budget Vote

14 April 2011

I spent most of my day taking calls and in client meetings (it is, after all, tax season) with occasional glances at the news. At one point, I peered up and was fairly certain that something pretty exciting had happened. What with all of the media coverage drama, you’d assume that the vote in the [...]

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Fix the Tax Code Friday: Spending or Tax Cuts?

4 March 2011

Over the past few weeks, there has been a lot of talk about states cutting spending. For example, in Wisconsin, there’s been a very public battle over labor union contracts while in New Jersey, the police force was cut in a city formerly referred to as the “murder capital of the U.S.” California has talked [...]

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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 [...]

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Poll Suggests Most Americans Happy With Tax Deal

21 December 2010

Despite all of the grumbling in the press, most Americans are happy with the new tax deal, according to a CNN poll. Three in four of those polled said that they favored the bill when asked: Congress has passed and President Obama has signed into law a bill that would extend tax cuts for all [...]

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The Tax Deal is Done, So Now What? – FoxBusiness.com

17 December 2010

Earlier this week, I got a message from the folks at FoxBusiness.com. They saw my piece on Reuters and asked if I might comment further on what all this waiting around for a tax deal means. You can see my reply here: The Tax Deal is Done, So Now What? – FoxBusiness.com

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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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The Waiting Is the Hardest Part

16 December 2010

Word out of the House today was that the controversial tax deal is going to pass with no significant changes. They just aren’t going to do it this afternoon. Last night, the House Rules Committee agreed to a vote that would separately address the estate tax provisions desired by House leadership. The idea was to [...]

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Tax Deal Passes Senate Unscathed; Onto the House

15 December 2010

Not surprisingly, the Senate the tax cut package today by an overwhelming majority (81-19). And I know what you’re thinking: all of the “No” votes came from the Democrats. Nope. Here’s who voted against the deal: Bingaman (D-NM) Coburn (R-OK) DeMint (R-SC) Dorgan (D-ND) Ensign (R-NV) Feingold (D-WI) Gillibrand (D-NY) Hagan (D-NC) Harkin (D-IA) Lautenberg [...]

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Bush Suggests Tax Cuts A Tough Sell Because of Nickname

15 December 2010

Former President George W. Bush recently appeared on Scott Hennen’s radio broadcast to discuss his economic policy. You can give a listen to part of what he had to say here: With respect to the current tax deal in Congress, Bush clearly supports extending those cuts but he noted that some of the hesitation to [...]

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