Relevant and even prescient commentary on news, politics and the economy.

Tax cuts for jobs. NOT! Another tax cut that is not paying out

First a qualification. I am basing the following on info I found on the net. If the info is wrong, then I stand corrected as to who is or is not paying but not as to what happens when a large entity does not pay. The specific city and company are used purely for example […]

Public Transit Benefit was down, is now up again (in Senate)

by Linda Beale Public Transit Benefit was down, is now up again (in Senate) One of the tax provisions that lapsed last year was a very popular tax expenditure supporting public transportation–a tax credit for commuters using mass transit was allowed to lapse back to a $125 monthly benefit from the stimulus level of $230 […]