Author Archives: Jim Sutliff

Delay On Tax Vote –

Posted on 1. December 2010 by Jim Sutliff

The vote on extending the Bush era tax cuts is likely to be delayed until negotiators meet this week.  Extension of the tax cuts for individuals earning $200,000 or less and married couples earning $250,000 or less is supported by both parties.  However, … Continue reading →

Posted in Administrative, Estate Tax, General, Tax | Leave a comment

Senate Votes On Earmarks –

Posted on 30. November 2010 by Jim Sutliff

The Senate voted in favor of conducting business as usual in relation to earmarks.  Most Democrats voted against the ban as well as a small number of Republicans.  The final vote was 39-56 but that number should move higher next year when Republicans hold more … Continue reading →

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Earmark Ban –

Posted on 27. November 2010 by Jim Sutliff

The Hill reports that a proposal for a three year ban on earmarks is not likely to pass.  Senate Majority leader Harry Reid negotiated with Republican leaders to bring the proposal to a vote that would require 67 votes for passage.  Most … Continue reading →

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2012 Senate Races –

Posted on 23. November 2010 by Jim Sutliff

Republicans are expected to have a big election night on November 6th, 2012.  A recent article in Roll Call outlines all of the Senate races and possible challengers in each of the contests.  Races that Roll Call lists as Leans Democrat … Continue reading →

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Tax Code Overhaul –

Posted on 16. November 2010 by Jim Sutliff

A comprehensive overhaul of the tax code could take place in the near future.  Recently, Treasury Secretary Timothy Geitner indicated that the tax code was in need of a major overhaul.  Congressional Republicans have also supported an overhaul of the … Continue reading →

Posted in Administrative, Business, Congress, Democrat, Economy, Estate Tax, General, Politics, Regulatory, Republican, Tax | Leave a comment

Republicans Gain Senate Edge –

Posted on 9. November 2010 by Jim Sutliff

The Democrats may have the majority in the U.S. Senate but that might not hold up on all issues.  The 2012 Senate elections put Senators Nelson, Tester, Manchin, Webb, and McCaskill in the spotlight.  The Senators all represent states that … Continue reading →

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Tax Cut Compromise –

Posted on 6. November 2010 by Jim Sutliff

Barack Obama is moving in the direction of a tax cut compromise during the lame duck session.  Tax rates will rise in 2011 if action is not taken to keep the Bush tax cuts.  The White House has also indicated that … Continue reading →

Posted in Administrative, Business, Congress, Democrat, Economy, Election, Estate Tax, General, Politics, Regulatory, Republican, Tax | Leave a comment

Upheaval –

Posted on 3. November 2010 by Jim Sutliff

Massive shifts of power and influence can be expected in Washington DC.  Republicans gained over 60 seats in the House and several in the Senate.  The final number of seats will be determined after all ballots are counted and than … Continue reading →

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Quantitative Easing –

Posted on 2. November 2010 by Jim Sutliff

A recent survey indicated that 53 of 56 economists expected the Federal Reserve to start a second round of quantitative easing.  The survey also indicated that 29 economists expect the amount to exceed $500 billion.  The stock market is expected to … Continue reading →

Posted in Administrative, Business, Economy, Federal Reserve, General, Regulatory | Leave a comment

Races To Watch –

Posted on 1. November 2010 by Jim Sutliff

The Wall Street Journal has an article on the upcoming elections and the races to watch.  The quick election guide details the House seats in the Northeast to follow for an indication of the election day trends.  Early victories by the … Continue reading →

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U.S. Senate 2012 –

Posted on 31. October 2010 by Jim Sutliff

The Senate Democrats are expected to have a rough time in the upcoming elections.  However, the 2012 election cycle could prove to be even worse for their party.  Republicans have a chance to make significant gains in both the House and Senate.  … Continue reading →

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Prepay Estate Taxes –

Posted on 29. October 2010 by Jim Sutliff

Estate Taxes are growing as a campaign issue and candidates are starting to listen to the voters.  Repealing the estate tax is one option that is being supported by some lawmakers.  A possible compromise has been suggested by Democratic Senator Cantwell of Washington.  … Continue reading →

Posted in Administrative, Election, Estate Tax, General, Politics, Republican, Tax | Leave a comment

NRCC: $20 Million Credit Line –

Posted on 25. October 2010 by Jim Sutliff

The National Republican Congressional Committee has reported a $20 million dollar credit line.  The funds will help keep districts competitive in the final week of campaigning.  Republicans are now favored to win more than the 39 seats required to take control of … Continue reading →

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Pennsylvania Absentee Voting –

Posted on 20. October 2010 by Jim Sutliff

Pennsylvania has a number of heated contests this election cycle.  The close U.S. Senate race between Republican Pat Toomey and Democratic candidate Joe Sestak has taken center stage.  One voter turnout indicator is the number of absentee ballots returned by party registrants.  Currently, registered Republicans have returned … Continue reading →

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Oregon Rebounds –

Posted on 19. October 2010 by Jim Sutliff

Former NBA player Chris Dudley is the Republican candidate for Governor in the state of Oregon.  The Yale educated Dudley is also a wealth manager and is making his first run for office.  Dudley enjoys a fundraising edge over the Democrat … Continue reading →

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