The good and bad in Obama’s tax plan
President Obama’s new tax plan includes some sensible ideas. Unfortunately, it would mean increasing taxes on saving and investment, which are key drivers of economic growth, according to various experts….
Tag: credit
Recalling Romania's Revolution
Photo: Poh Si Teng and Ben Laffin; Video: Poh Si Teng and Ben Laffin Credit Luis Mallo Credit Robert Frank Credit Paccarik Orue – Syrian men carry the wounded after…
Obama proposes scaling back benefits of 529 college savings plans
Obama is proposing to make the expanded version of the American Opportunity Tax Credit permanent. The credit, a dollar-for-dollar reduction of your tax bill, is worth up to $2,500 a…
5 Things to Know for Your New Day — Tuesday, January 20, 2015
OBAMA STATE OF THE UNION Trending upward: Headed into tonight’s State of the Union address, President Barack Obama finds himself riding the first approval ratings uptick in nearly two years….
How you can already get money for community college
Think about a teaching career: You can get up to $4,000 a year from the federal government for pursuing a teaching degree. But you must agree to teach in a…
State of the Union spoilers: What you need to know about Obama’s proposal for the middle class
Require paid sick leave: Obama backs a proposed law that would allow workers who don’t already receive paid sick time to accumulate up to seven days each year. (A study…
The upside of dealing with the ‘enemy’?
“The sanctions are having an effect now,” says Jimmy Robertson, who leads Angus Dundee in Russia, until recently one of the single-malt specialist’s best markets. “Customers are having to negotiate…
A Democratic plan for big middle class tax breaks
Here is some of what Van Hollen’s proposal would create: A $1,000 paycheck bonus tax credit: This would provide every worker making up to $100,000 with a $1,000 tax credit…