Elections are around the corner. We should be thinking about which candidates will truly serve our best interests.
Posts Tagged: Congress
The U.S. Debt Ceiling was raised before the magical August 2 deadline amid great hand-wringing and “the sky is falling” rhetoric out of our nation’s capitol. Despite the tireless efforts of our tireless representatives, our stock market still plunged, and global markets followed suit. Making sense out of the baloney sandwich we have just been fed is tricky.
Last week, on a 61-38 vote, lawmakers pass the bill, which would create a $30-billion small-business lending fund and give $12 billion in tax breaks to encourage companies to invest and hire. This wee, the bill passed the House 237-187. President Obama is expected to sign shortly.
It’s looking more and more like the estate tax will be coming back with a vengeance in 2011. It’s not too early to plan for how to minimize the bite. This WSJ article provides a pretty good explanation of the current situation and future prospects.
Dan L. Duncan, a soft-spoken farm boy who started with $10,000 and two propane trucks, and built a network of natural gas processing plants and pipelines that made him the… Read More »
Vermont independent Sen. Bernie Sanders and three Senate Democrats Thursday proposed an estate-tax plan that would hit wealthier taxpayers harder than another proposal on the table. The estate tax lapsed… Read More »
The federal estate tax is probably with us for the long term, but Congress is keeping us in the dark as to what the rules are going to be. Proper planning is absolutely critical in this time of uncertainty.