September’s consumer sentiment level unexpectedly rose to 68.2 from its preliminary 66.6 reading. However, the entire gain came from more positive responses among households earning under $75,000 — those who wouldn’t be affect…
The Senate will not vote on extending any of the Bush-era tax cuts until after the November election.
“Democrats believe we must permanently extend tax cuts for the middle-class before they expire at the end of the year, and we will,” Jim Manley, a spokesman for Senate Majority Leader Harry Reid said in an e-mail, Reuters reported.
“Unfortunately, to this point we have received no…
Continue reading Senate Will Not Vote on Extending Bush Tax Cuts Before Election
Senate Will Not Vote on Extending Bush Tax Cuts Before Election originally appeared on DailyFinance on Fri, 24 Sep 2010 06:28:00.
Warren Buffett says he thinks the U.S. is still in a recession. He also thinks that wealthier Americans can and should pay higher taxes.
Continue reading Warren Buffett Urges Tax Increase for Wealthy, Says We’r…
While the manufacturing sector continued to expand and the U.S. budget deficit was less than expected in August, consumer sentiment unexpectedly hit a roadblock, falling 2.3 points in September to 66.6 — the index’s lowest level since August 2009.
A …
Senate Republicans will likely block President Barack Obama’s plan to effectively increase taxes for the wealthiest U.S. citizens by allowing a tax cut enacted by George W. Bush’s administration to expire at year end.
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