Tag: Income tax

Fiscal Cliff Adverted with Deal Signed by President Obama

Fiscal Cliff Adverted with Deal Signed by President Obama
The House passed the Senate bill late tonight 257-167 with Democratic and Republican support to advert the Fiscal Cliff.  It was a fight to the end as Republicans pushed for spending cuts, but worried a “no deal” would drive our economy into another recession. So how does this affect you? Here are the details of... Read more »

The End of Affordable Healthcare In the U.S.?

The Affordable Care Act as part of the newly passed Healthcare Bill wasn’t meant to undercut employer health plans for most people in the U.S. for coverage.  Pushed through Congress by President Obama who passionately believes that everyone should have health insurance, the new law promised to save the people that have existing health care... Read more »

Get Ready for Tax Increases: The History of Income Tax

Get Ready for Tax Increases: The History of Income Tax
The dire state of our economy after the Great Depression in 1929 led to the passage of the Social Security Act in 1935.  This law provided for payment known as unemployment compensation to workers that lost their jobs.  Other areas of the Act gave public aide to the aged, the needy, the handicapped, and to... Read more »
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