Tax Breaks: What You’ll Keep–And Lose
(Wall Street Journal_ == Since the announcement of the deal by the White House and top Republicans to extend Bush-era tax cuts for two years and cut payroll taxes for one, taxpayers have been anxious...
View ArticleCBC Member Breaks Ranks on Deal
(Politico) — As a whole, the Congressional Black Caucus is against the deal the president cut with Republicans on taxes. But it’s becoming more clear that’s a consensus position, not a unanimous one....
View ArticleGeorgia Tax Reforms Taking Shape
(AJC) — Broadening Georgia’s sales tax to include services in return for lower income tax rates will be the framework of tax reforms a task force will recommend to the General Assembly. An 11-member...
View ArticleWhite House Touts Tax Deal’s Black Benefits
(Afro) — Having won the endorsement of the man dubbed America’s “First Black President,” Bill Clinton, the Obama administration on Dec. 10 peddled the tax deal made with Republicans as a boon for the...
View ArticleCongress Passes $858 Billion Tax-Cut Extension Plan
Despite days of dissent Democrats gave Obama votes needed for another win.
View ArticleCounty Property Tax Overhaul Urged
(Chicago Sun Times) — Cook County’s mind-boggling property tax system should be simplified and made fairer, a taxpayer watchdog group argued in a report to be issued today. The nonpartisan Civic...
View ArticleOwn a Business? 6 New Tax Breaks
(CNN Money) — Doing your taxes stinks, right? No fun at all. But take note as you brace for your 2010 return: A handful of changes in the tax code could translate into a fatter refund check. The Small...
View ArticleMost Blacks Won’t Benefit From Tax Reform Gain
(Network Journal) — Original conclusions in “State of the Dream 2011″ seemingly point toward beneficiaries of the top-end tax cuts included in the December tax deal. In fact, the report states that...
View ArticleObama Plans Small-Business Tax Relief
(Wall Street Journal) — President Barack Obama will ask Congress to permanently eliminate capital gains taxes on certain investments in small businesses as part of the budget plan he submits to...
View ArticleAlderman Pushing Phase-Out of Employee Head Tax
(Chicago Sun-Times) — The $4-a-month employee head tax despised by Chicago businesses would be phased out over four years, depriving the city of $19.6 million in annual revenue, under an ordinance...
View ArticleWho is Thinking About the People in Budget Negotiations?
By Charing Ball For all intents and purposes the current budget negotiations have been a dialogue among the wealthy while the rest of us pretty much sit mute on the sidelines. In one corner you have...
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