If you haven’t heard, the United States of America is having some serious state budget problems! It’s estimated that 44 out of 50 states will have a budget shortfall for fiscal year 2012, which starts on July 1, 2011. The largest absolute dollar offender is my home state of California, with a $25.4 BILLION shortfall. That […]
State Budget Problems Are Going To Screw Us All Read More »
The value of the credit has increased to $2,000 for the 2018 tax year, and the income thresholds at which it phases out have risen tremendously. Effective 2018, the income thresholds for eligibility have increased to: $200,000 for single tax filers. $400,000 for married couples filing jointly. This is FANTASTIC news because in the past,
Is The Child Tax Credit Amount And Income Limit Ruining The World? Read More »
A permanent tax policy is important for financial stability. With a permanent tax policy, citizens can budget for their greatest consistent liability better. In a previous post entitled, “The Government Encourages Small Business Owners To Fire Employees” I discussed how my friend Zach let go of one of his employees to make room to pay
The Importance Of A Permanent Tax Policy Read More »
Here’s a look at the 2011 income tax rats when Obama was President. President Obama’s State of The Union address was well delivered. He said almost everything right – from restoring spending discipline to improving education to allowing everyone access to affordable health care. The one thing President Obama didn’t say correctly was regarding taxation.
2011 Income Tax Rates: Raise Taxes On Millionaires Not Us Read More »
A tax cut extension was made back in 2010 to help Americans save more money. In 2021, taxes are likely going up to pay for all the deficit spending to counteract the coronavirus. Tax Cut Extension Celebration Hip hop hooray! With House Democrats agreeing to not hold the middle class hostage anymore, the tax bill
What The Tax Cut Extension Means To You Read More »
Unemployment checks were a great way to help stimulate the economy during the 2008-2009 financial crisis. Unemployment checks were pumped out into the economy in 2020 during the coronavirus pandemic to help save the economy again. I’m so excited, I can’t stand it! So excellent to hear the White House agreeing with Congressional Republicans to
Unemployment Checks Are The Best Form Of Economic Stimulus Read More »
Senate Republicans blocked the middle class tax cut extension passed by the House earlier in the week. There’s a lot of finger pointing by the Democrats who say that the Republicans are holding the middle class hostage. Is that really the case though? If the Democrats know their bill will get shot down by Republicans
Are Democrats Against A Middle Class Tax Cut Extension? Read More »
When President Obama proposed to freeze Federal Government pay for two years I thought he was taunting us with an April Fool’s joke in November. I mean really. Is the public supposed to take the President seriously after he signed off on a 3.9% 2009 pay hike when Armageddon hit in 2008 while attacking the
Federal Government 2-Year Pay Freeze Is A Miracle Read More »
Some of the “99ers”” unemployment benefits are about to run out and the government has to decide whether to extend again. If one hasn’t found a job after 99 weeks of looking, there is a possibility that there may be an issue with the candidate rather than the economy, which seems to be improving day
Time To Extend Unemployment Benefits Again Read More »
Every two to four years we have government elections and every two to four years I wonder the same thing, “Does my vote matter?” In California, we have two Gubernatorial candidates Meg Whitman (R) and Jerry Brown (D) who have the most vicious attack ads I’ve ever seen. Their ads make them BOTH sound unappealing,
Does My Vote Matter? The Electoral College Is Not A Good System Read More »
