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Category Archives: Tax
High Earner Tax Rate –
High earners will get slammed with even more taxes under the Obama tax plan. High income New York City residents will be the most taxed in America if the tax increases are allowed to take effect. The Tax Foundation reported that … Continue reading
Posted in Administrative, General, Regulatory, Tax
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Boehner Supports Tax Cuts –
Republican John Boehner has indicated that he will vote to support a tax cut that does not include incomes at or above $250,000 per year. This move is likely to break a stalemate over the extension of tax cuts for all Americans. The … Continue reading
Posted in Administrative, Business, DC, Democrat, General, Regulatory, Republican, Tax
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Proposed Tax Cut Extension –
Republican John Boehner has proposed a two year extension for all of the Bush tax cuts. Previously, the Republicans opposed a short term extension and instead wanted the tax cuts to become permanent. A two year extension would delay an … Continue reading
Posted in Administrative, Business, DC, Democrat, General, Politics, Regulatory, Republican, Tax
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Economist Survey –
The National Association for Business Economics released a survey that showed a majority thought there should be more focus on economic growth than deficit reduction. The majority of the 242 respondents also believed that the 2003 Bush tax cuts should not expire … Continue reading
Posted in Administrative, Business, DC, General, Regulatory, Tax
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Business Tax Hikes –
A recent Forbes article discusses the wide range of propsed taxes that may be waiting for individuals and the business community. Election year politics may soften the tax hikes with Democrats attempting to win back voters. Republicans are expected to … Continue reading
Posted in Administrative, Business, DC, Election, Energy, Estate Tax, General, Healthcare, Politics, Regulatory, Tax
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Estate Tax –
Members of Congress are starting to focus on the November election and one topic that is the focus of attention is th estate tax. Possible revisions to the estate tax are the subject of numerous articles and discussions. A recent … Continue reading
Posted in Administrative, DC, Election, Estate Tax, General, Regulatory, Tax
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Laffer WSJ Opinion –
Economist Arthur Laffer recently wrote an opinion article in the Wall Street Journal regarding taxation. Art Laffer is known for his work on taxation and the creation of the Laffer Curve. In the Wall Street Journal article, Laffer uses a … Continue reading
Posted in Administrative, Business, General, Regulatory, Tax
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Jim Demint Article –
South Carolina Republican Senator Jim Demint has written a commentary article on the Pelosi-Reid economy for Forbes. The article discusses his thoughts on the Democrats economic agenda and more specifically Democratic spending. To read the Forbes article, please click here: … Continue reading
Posted in Administrative, Business, Election, General, Healthcare, Politics, Regulatory, Tax
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Pence: Keep Bush Tax Cuts –
Republican Congressman Mike Pence argued for extending the Bush tax cuts on a show with Al Hunt. Pence wants all tax cuts extended including those for families making more than $250,000. The Obama admnistration and Congressional Democrats are taking the … Continue reading
Posted in Administrative, Business, Election, General, Politics, Regulatory, Tax
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Tax Cuts Polling Data –
A recent Rasmussen poll indicates that tax cuts will play a larger role in the mid-term elections. The mid-July survey showed that 68% of respondents consider tax issues to be very important. That number is 10 points higher than a … Continue reading
Posted in Administrative, Election, General, Politics, Regulatory, Tax
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Tax Cuts –
Democrats are expected to offer a plan to keep the Bush tax cuts for the middle class. Tax cuts for higher incomes will be allowed to expire. An estate tax of 45% for the next two years will also be … Continue reading
Posted in Administrative, Business, DC, Election, General, Regulatory, Tax
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Republicans Push For Tax Cuts –
Republican Senator Judd Gregg and Congressman Eric Cantor are asking for the extension of the tax cuts set to expire at the end of the year. The goal is to stimulate the economy by keeping the Bush tax cuts on … Continue reading
Posted in Administrative, Business, General, Real Estate, Tax
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New Jersey Property Tax Cap –
The New Jersey State Assembly is expected to support the annual property tax increase cap backed by Christie and the State Senate. The State Assembly is in Democratic hands with Democrats having a 47-33 advantage. Tax increase will be capped at … Continue reading
Posted in Administrative, General, Politics, Real Estate, Regulatory, Tax
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Billionaire Surtax –
Three Senators are pitching the idea of a billionaire surtax that would raise the levy to 65% of their estate. The three Senators are Sanders of Vermont, Harkin of Iowa, and Whitehouse of Rhode Island. The propsed tax would apply … Continue reading
Posted in Business, General, Regulatory, Tax
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New Jersey Millionaire Tax –
New Jersey Democrats are expected to vote Monday on the millionaire tax. The millionaire tax has already faced a veto from Governor Chris Christie and is not expected to have enough votes for an override. The tax would be for 10.75 … Continue reading
Posted in Administrative, Business, General, Tax
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