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The Coming 69% Capital Gains Tax Increase May Be Even Higher
22 hours ago ago from Finance Management - Taxes Relief & Help
If you're new here, you may want to subscribe to my RSS feed . Thanks for visiting! Wall Street Journal editorial, A 69% Capital Gains Tax Hike . . . Pelosi’s 5.4% Income Surtax Would Hit Capital Gains and Dividends: House Democrats are funding their new entitlement with a 5.4% surtax on incomes above $500,000 for individuals and above $1 million for joint filers. The surcharge is intended to snag the greatest number of ...
Related contentFrom Whence the Perpetual Budget Deficit?
6 hours ago ago from Ergo Dubito
We have a persistent federal budget deficit because Americans consider themselves consumers, not citizens. Hence, we want what we want. And what we want is stuff. We want stuff from the government. So no one wants any middle-class entitlements cut, or a smaller army and less interventionist foreign policy, or poorer schools. We want the economy to always grow, the prisons to be full, and the freeways to be traffic-free. And as consumers, ...
Related contentTax Break Extension on Property and Sales Income Tax Deductions Sought
10 hours ago ago from FamilyFinancialHelpUSA
House representatives are pushing for a $31-billion extension in tax breaks, including popular ones for sales and property income tax deductions. In all, 45 tax breaks for businesses and individuals will be affected, most if not all of them set to expire at the end of the year. About $7.7 billion of it will be funded by crackdowns on international tax evaders. Breaks and increases Tax breaks have historically been supported by both ...
Related contentRepublican charge: Democrats Do Not Know Their Math
8 hours ago ago from Banana News | All the news thats unfit for print
Ducking the Budget Issues Again March 16, 2009 A group of Republican Senators from the Finance and Ways and Means committee recently took three days of recess in order to evaluate the White House stimulus package, the housing package, and the bank bailout programs. After dissecting the new spending initiatives and combining this information with figures on more traditional sources of government spending, the Republicans party issued ...
Related contentThe Alternative Energy Conundrum
18 hours ago ago from CenterCut
The U.S. Department of Energy is in the process of transferring $32 billion of your tax dollars to various new and promising technologies in Alternative Energy. I t is estimated that 40% of the nation's energy comes from petroleum , 23% from coal , and 23% from natural gas . Nuclear power supplies roughly 8.4% and renewable energy supplies less than 7%, mostly from hydroelectric dams . This means that your tax dollars are being directed into ...
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