After an extraordinary four year dry spell, the Senate has passed a formal budget proposal. It now goes to the House where, mark my words, it has zero chance of passing. Despite all of the back-slapping, the bill wasn’t all that popular in the Senate. The final vote resulted in a slim victory: 50-49. All…
Each year, I try to do a wrap-up of the year in tax. With so much going on this weekend in Congress, I almost didn’t get it done in time. But here, just under the wire, are the top posts of 2012. Quick warning: there are a lot of links. It’s kind of the nature…
Over lunch, the day after the election, my husband brought up the “f” word. You know, the one I’ve thus far been refusing to say (hint: it rhymes with “biscal piff”). He had been reading the news and was wondering how badly this would affect us. I could barely choke down my broccoli as he…
Just days after President Obama outlined his proposed budget, which includes tax modifications (yeah, it’s a cheesy word, keep reading) for high wage earners, key leaders in Congress are making noise that they might not be in support of the plan. Chief among them is Senate Finance Committee Chairman Max Baucus (D-MT) who questioned whether…