Archive for the ‘tax’ tag
Obama Unveils New Tax Brackets
This chart (click to enlarge) from the WSJ shows we’re still a long way off from the tax burdens of year’s past:
Obama’s new proposed tax rates will increase for those who are married and filing jointly, starting at $235,000 in taxable income. The first point that caught my eye was that $235K is well below [...]
Municipal Meltdowns
It has become common to read about bankruptcies in businesses. We all know the big names that went bust: AIG, Lehman, Bear Stearns. But we also know those in our own locales: restaurants are closing, banks are going belly-up, retail stores shuttering. What we often don’t realize is that governments - from cities to states to [...]
