The American Jobs and Closing Tax Loopholes Act of 2010 (also referred to as HR 4213) may need to be renamed the American Jobs and
Read MoreTag: deficit
Don’t Be Too Smug, Colorado: Philly Can Increase Taxes With The Best Of Them
Just a week after I reported that Colorado was moving to increase taxes on its sugary drinks, Philadelphia Mayor Nutter is expected to announced a
Read MoreGeithner Backtracks On Possible Tax Increase
Remember last month when Secretary of the Treasury Timothy Geithner would not rule out a tax increase for the middle class to resolve our budget
Read MoreCalifornia Faces Massive Deficit, Likely To Raise Taxes
I’m guessing that Gov. Schwarzenegger thinks something very different when he sees this slogan these days: The thing that won’t die, in the nightmare that
Read MoreFix The Tax Code Friday: Bailing Out The Government
It’s Fix the Tax Code Friday! Remember that study that I cited from the Tax Foundation earlier in the week? That same report offered another
Read MoreUpdate On The Federal Deficit
John McCain and Barack Obama both promise to be fiscally responsible and not raise taxes on the middle class if elected president. It’s a tall
Read MoreAsk The Taxgirl: Who Owns The US Federal Debt?
Taxpayer asks: Hey taxgirl, I get that we have overspent in Congress. But who do we owe exactly? And what is the difference between the
Read MoreRebates Push Deficit To Record Highs
The economic stimulus payments – which qualify more or less as “free money” from the government – pushed the federal budget deficit to an all-time
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