Banks in Canada have asked their government to make tax changes

Banks in Canada have asked their government to make tax changes
There is now an online calculator so people can see what their taxes will be under the new GOP tax plan. Continue reading →
Back in February, reports surfaced about a family of workers who performed computer IT work for several Democrats, which included Congressman Andre Carson, Continue reading →
President Obama is the worst President we’ve had when it comes to the economics of our federal budget.
Remember when government about melted down over getting aid to Hurricane Sandy Continue reading →
Whoever wrote Obamacare as a law did a pretty good job in kicking some of the worst parts down the road
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Via Peter G. Peterson Foundation
The federal government collects revenue from a variety of sources. The largest source is taxes on individuals’ income and payroll taxes, which together make up four-fifths of federal revenue. Individual income taxes are assessed against wage income and are progressive: that is, the tax rate someone pays increases as their income increases. Payroll taxes are a flat percentage of wage income. They are used to fund Social Security and portions of Medicare. Taxes on corporate profits, estate and gift taxes, excise taxes (a tax levied on a good or service), customs duties, and numerous other taxes comprise the remainder.
Every year the federal government piles on more laws that Americans must follow.
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