Posts Tagged ‘tax
Bond investors want Illinois to dig deeper
Income tax hike not enough to ease concerns about state’s shaky finances The proposed state financial fix, with its income tax increases and steep borrowing to pay bills and pension obligations, does not go far enough to assuage many bond investors’ concerns about the risks of lending to fiscally teetering Illinois, according to a range [...]
New Hollis group wants less money spent on land
HOLLIS — People here take pride in the town’s rural landscape, pristine woods, and hiking trails, safeguarded over the past decade or more through planning, conservation and key purchases. But hard times are bringing out the penny pincher in some residents who recently signed a petition for a warrant article that will appear on the [...]
Tax cuts include take-home pay, mortgage insurance, IRAs
No matter how you feel about extending the Bush tax cuts, this much is clear: There’s something for just about everyone. View full post on All Stories
State Inaction Risks Loss of Surplus Lines Premium Tax Revenue
The States appear poised, through inaction, to leave untold millions of dollars in premium tax revenue “on the table” when the Nonadmitted Insurance and Reinsurance Reform Act (NRRA) becomes the … View full post on All Stories
Tax cut deal is approved by Senate
WASHINGTON (MarketWatch) – A deal struck between President Barack Obama and congressional Republicans that extends Bush-era tax cuts was approved in the Senate Wednesday by a vote of 81 to 19. The $858 billion package seeks to preserve the tax cuts enacted nearly a decade ago under President George W. Bush for two years, extends [...]
Pres. Obama News Conference on Tax Cuts and Unemployment Benefits
The White House and Congressional leaders reached a tentative agreement on tax cuts and unemployment insurance. President Obama outlined the details in a brief news conference, under the agreement unemployment benefits will be extended for the next 13 months two years in exchange for allowing tax cuts for all income levels to continue for another [...]
Senate Near Compromise On Bush Tax Cuts, Jobless Benefits
Senate Republicans signaled willingness on Sunday to a compromise with Democrats about extending unemployment insurance and Bush administration tax cuts. The GOP blocked Democratic attempts the previous day to keep tax breaks for the middle class, arguing that tax cuts for higher-income earners should also continue. View full post on All Stories
BREAKING NEWS: Republicans Block Middle-Class Tax Cuts
This morning, Senate Republicans voted to block a measure to extend tax cuts to families earning less than $250,000 a year. This vote comes just four weeks before the tax cuts are due to expire. If Congress fails to act, millions of American families will find it harder to make ends meet in the new [...]
Lower Home Sales: The Tax Credit Dent
Due to the expiry of federal homebuyer tax credits in April, a slowdown in the overall housing market was witnessed. This was primarily responsible for the decline in third quarter sales. View full post on All Stories
Mortgage tax break in the crosshairs
Don’t even think of touching the mortgage interest tax deduction in the midst of a fragile housing market. View full post on All Stories
