The good news: nearly 50% of American households (47%, to be precise) won’t pay any federal income tax in 2009. The bad news: the remaining
Read MoreTag: economy
Geithner 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 MoreWait? We Have Manufacturing In This Country?
One of the most controversial measures in the soon-to-be-law American Recovery and Reinvestment Act of 2009 has nothing to do with tax cuts, earmarks or
Read MoreFun Stimulus Bill Facts
I’m not going to issue a complete report on the stimulus plan until the ink on the signature page is dry (Obama plans to sign
Read MoreAsk The taxgirl: Do I Need To Do Anything To Claim The Rebate?
Taxpayer asks: I recently did my taxes through Turbo tax and during the process Turbo tax informed me that I qualify for a rebate of
Read MoreHousing Credit Bill Survives Debate (Psst, I Still Don’t Like It)
As of this evening (Monday), it seems that the Senate version of the housing bill will make it intact to the vote tomorrow. And you
Read MoreSlight Majority Of Americans Favor Stimulus
As the stimulus plan works its way through the Senate, it appears to be losing popularity among US taxpayers. At the end of 2008, taxpayers
Read MoreLooking For Bank Bailout News?
You won’t get it today. Newly confirmed Secretary of the Treasury Timothy Geithner was slated to announce details of the revised bank bailout plan on
Read MoreModified Version Of Stimulus Bill Passes House
If this was to the be dawn of a new era of bipartisanship, it didn’t look like it today. President Obama’s stimulus package, a modified
Read MoreGeithner Says "I'm Sorry"
In a hearing before the Senate Finance Committee, Timothy Geithner says he is sorry. Is it enough? The Committee seemed to think so, voting today
Read More