Tax News and Information
Jason told me about this - "Increasing the tobacco tax?and bringing back grocery taxes are just a few ideas being thrown around to help?cash-strapped state agencies. A panel created by the General Assembly is holding hearings on tax reform across the state."
The Bush tax cuts are set to expire in December. Republicans are pushing to extend them all, while President Obama has forcefully argued that the country cannot afford to keep tax breaks on income over $250,000 a year for families and $200,000 a year for individuals.
I saw this posted Friday on WWW.WXYZ.COM.
"If you are headed to a community college or university, there are tax savings for some school supplies. Find out why you may need to hold onto your receipts, and how much you can save on your taxes."
My Uncle thought this was interesting.
Do you?
Cynthia told me about this and I found this story about it at WWW.YOUTUBE.COM on Friday.
Carol Wrote: Take a look at this article
I read this in the Paterson paper and wanted to share it with you.
"New Delhi, Aug. 26: The Union cabinet today approved a direct tax code that seeks to raise the tax-free income limit to Rs 2 lakh a year from Rs 1.6 lakh at present."
"Instead of letting Republicans frame the tax debate, Democrats should use their energy against them, jujitsu-style, and change the conversation."
Robin is looking for more info.