In case you haven’t heard, the House of Representatives voted yesterday to extend the Bush-era tax cuts into 2011, but only for individuals making less than $200k and married couples making less than $250k. The bill passed 234-188 with strong Democratic support.
Not only would income tax rates remain unchanged for those below the $200k/$250k thresholds, [...]
Archive for the ‘Economy’ Category
Will the Bush Era Tax Cuts Be Extended?
Filed under: Economy, Taxes
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What is Price Targeting and How Does it Affect You?
Have you been paying more than you could probably get away with? Do you know that not everyone pays the same price for the same service that you received? How can you find the best deal for what you buy?
Price targeting is a tool that sellers often use, but if you’re aware of how it [...]
Filed under: Economy, Frugality
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What is QE2, and What Does it Mean for You?
The big news on the economic front is that the Federal Reserve has decided to launch a second round of “quantitative easing” – dubbed QE2.
The ultimate goal of QE2 is to pump more money into our financial system to avoid deflation. On Thursday, USA Today took a closer look at what this is likely [...]
Filed under: Economy, Saving & Investing
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What’s Your Employment Outlook?
With the 2010 elections now behind us, I thought it would be interesting to run a quick poll about one of the most talked about subjects – jobs. It seems that campaign ads this year either focused on a personal attack aimed at tearing down the opposing candidate, or they talked about jobs.
While there are [...]
Filed under: Economy, Polls, Working
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Fuel Surcharges – Still? Seriously?
Time for a minor rant… Back in the fall of 2008, I asked if fuel surcharges were here to stay. At the time, gas prices had fallen from $4+/gallon to the mid-$2 range, but those pesky surcharges that cropped up when fuel prices spiked were still persisting.
At the time, I suggested that these sorts of [...]
Filed under: Economy, Energy
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Is the Economy Recovering?
Last summer I ran a poll asking whether or not you were feeling any economic pain. At the time, 51% answered “yes” with an additional 16% saying saying that you weren’t, but that you suspected it was just around the corner.
Since that time, the stock market has rebounded nicely, though it’s been a pretty rough [...]
Filed under: Economy, Polls
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Inside the Home Star Energy Efficiency Bill: Cash for Caulkers?
The big news out of Washington today is that the so-called “Cash-for-Caulkers” bill has been passed by the House of Representatives by a 246-161 margin, and is on its way to the Senate. This bill authorizes $5.7B over two years for a program that would provide discounts on energy-efficient home upgrades.
Under the terms of the [...]
Filed under: Economy, Taxes
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The Recession is… Over?
According to an AP News report issued earlier this afternoon…
“Economic activity is stabilizing or improving in the vast majority of the country, according to a new government survey, adding to evidence that the worst recession since the 1930s is over.”
Apparently eleven of the Fed’s twelve regions have shown signs of economic stabilization. The lone outlier [...]
Filed under: Economy
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Navigating the Recession
Recessions suck. The stock market is down, unemployment is up, and good news is sparse. But a tough economy doesn’t mean that you can’t improve your lot in life.
We’ve decided to use the recession as a time to simplify our lives and build a better financial system for our family. What follows are some of [...]
Filed under: Economy
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Cash for Clunkers Program Suspended
Big news out of Washington today… Apparently the Cash for Clunkers program has been a bit too popular, and is reportedly being suspended out of fear of running out of money. This program was set to run through November 1st, or until the $1B allotment was used up, and it appears that the money might [...]
Filed under: Automotive, Economy
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