Articles
The Chairman’s Report February 12, 2021
The national minimum wage was first mandated by the Fair Labor
Standards Act in 1938. This federal law provided for not only
the minimum wage but also overtime pay. Read More.
State And Local Tax Deduction Limit Repeal As COVID Relief
In the latest episode of the long-running soap opera over the
state and local tax deduction, the New Jersey delegation to the
House framed removing the current deduction limit of $10,000 as
COVID relief in a letter to House Speaker Nancy Pelosi, D-Calif.,
and Senate Majority Leader Charles E. Schumer, D-N.Y. Read More.
Budget Office Expects $2.3T Deficit Before Biden Relief Plan
The Congressional Budget Office says the federal government is on
track for a $2.3 trillion deficit this year, down roughly $900
billion from last year when the coronavirus caused Congress to
provide historic amounts of financial aid. Read More.
U.S. Debt on Track to Hit a Record 107% of GDP by 2031, CBO Says
Deficit for fiscal 2021 will come to $2.3 trillion, almost $900
billion less than projected earlier, as economy revives Read More.
Taxing time: How the pandemic will affect filing your taxes
The pandemic has made everything a bit trickier — tax filing
season is no exception. Read More.
Consumer inflation climbs at fastest pace in five months, CPI
shows, mostly due to cost of oil
The numbers: The cost of U.S. consumer goods and services rose in
January at the fastest pace in five months, largely because of
higher gasoline prices. Read More.
Looking For A Game Changing Stimulus? How A New $3,600 Child Tax
Credit Could Be The Solution
It has not been easy for most American families during the
Covid-19 pandemic. Read More.
Lawmakers request help for taxpayers victimized by unemployment
fraud
Republican lawmakers are asking the Biden administration to help
taxpayers who are receiving tax forms for unemployment benefits
claimed by identity thieves. Read More.
The Grassroots Corner February 22, 2021
🇺🇸 The Grassroots Corner - Week Beginning 2/22/21: “Grassroots
Leaders Shake the Political Trees” Read More.
Is big tech now just too big to stomach?
The Covid crisis has turbo-charged profits and share prices. But
are the big six now too powerful for regulators to ignore? Read More.
How to boost your retirement when Social Security only covers 40%
Social Security alone isn’t enough to fund your retirement.
Here’s how to jump-start your savings Read More.
Economy Week Ahead: Inflation, Unemployment and GDP
Data from China expected to tell two different stories Read More.
Will GameStop Trading Frenzy Cause A New Tax To Be Placed On
Every Stock Trade?
This episode of What’s Ahead warns that the trading frenzy in
GameStop and other so-called meme stocks is stoking Washington
politicians’ desire to enact a new tax on every securities
transaction. Read More.
The Grassroots Corner February 8, 2021
🇺🇸 The Grassroots Corner - Week Beginning 2/08/21: “Political
Media” Read More.
9 States With the Highest Income Tax Rates
Residents in these places face state income tax rates as high as
13.3%. Read More.
