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Save Social Security - 10 Questions for the Deficit Commission
23 hours ago ago from Seeing the Forest
This post originally appeared at Campaign for America's Future (CAF) at their Blog for OurFuture . I am a Fellow with CAF. It is possible that there is going to be a “deficit commission” to look for ways to reduce our country’s budget deficits. I have some questions for them to ask to help get things started in the right direction: 1) President Reagan increased Social Security taxes, but used that money to cut the very top tax rates ...
Related contentGovernment Debt Why Is It Growing So Fast?
1 day ago ago from The National Debt Crisis
Today our U.S. Government Debt is growing faster than at any time in our nation’s history. But why is our government debt growing so fast? The answer lies in how our federal budgeting and spending process works. Each year, Congress and the President approve a budget that consists of government tax receipts and government expenditures. If the tax receipts exceed the expenditures (this never happens anymore), then we have a budget ...
Related contentCA-BUSINESS Summary
22 hours ago ago from co2 Tax
percent at C$72.20, and Barrick Gold down 1.5 percent at C$60.31. Harper rules out raising taxes to cut deficit OTTAWA (Reuters) - The Canadian government will not raise taxes to rein in its budget deficit after a stimulus package ends next year but will
Related contentTax reforms expected to strengthen economy
18 hours ago ago from Dynamic Business
Treasury secretary Ken Henry’s proposed tax reforms will help to strengthen the economy in the long term, according to a prominent business lobby group. Australian Chamber of Commerce and Industry chief executive Peter Anderson said the Federal Government has a once-in-a-decade opportunity to make sweeping changes in a major reform of the tax system, claiming the review will provide an opportunity to establish a stronger, more productive ...
Related contentH&R Block At Home Released To Assist Consumers With Taxes
2 hours ago ago from My Bank Tracker Bank News
H&R Block has introduced its H&R Block at Home software intended for the crowd of people that does their taxes on their own. The software was called Tax Cut before and offers simple solutions to tax filings. H&R Block is the number one retail tax preparer, so consumers can trust this new software and be sure that it will preform well. The main focus is to help consumers understand tax laws. According to Julie Markey, vice president and ...
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Dave Johnson: Save Social Security
22 hours ago ago from Huffington Post
It is possible that there is going to be a "deficit commission" to look for ways to reduce our country's budget deficits. I have some questions for them to ask to help get things started in the right direction: 1) President Reagan increased Social Security taxes, but used that money to cut the very top tax rates that only the wealthiest pay. Now that the money borrowed from Social Security is coming due, which income group is better ...
Related contentThousands May Incorrectly Be Using Stimulus Tax Breaks
14 hours ago ago from The New York Times
Thousands of American taxpayers incorrectly claimed more than $500 million in tax benefits under the Obama administration's tax break for first-time home buyers, a government watchdog report said Tuesday. That finding was one part of a report by the inspector general for tax administration that said the Internal Revenue Service does not know whether the majority of the $312 billion in tax breaks available through the American Recovery and ...
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