Lately, the media has been dominated by the compromise on US federal tax policy that has been brokered by President Obama that will lead to an extension of current income tax rates, lower estate and payroll tax rates and an extension of unemployment benefits. It is very likely to pass almost intact and free up the logjam that has hampered this lame duck session of Congress. Uneven Recovery From ... Read More
Tax policy
GOP Senator Says Not A Good Time to Raise Taxes … But Moving Lips Don’t Square with Reality
On Wednesday night as I drove Spencer to visit his grandparents, I was listening to an NPR program. The segment included an interview with members of the President's commission on the budget deficit and the debate over tax policy. I think that we all can agree that saving money, not spending foolishly and living within our means are good starting points for long-term financial success whether for ... Read More