Articles

The Grassroots Corner - Week Beginning 5/09/22: “A Sad Day For Nebraska Taxpayers” Read More.

Friday, May 6 is National Beverage Day. The day was borne in the early 20th century and even though a day of celebrating beverages may seem obscure, consumers must beware that New York City billionaire Michael Bloomberg has made it a mission to deter adults from the consumption of certain beverages – including sodas and carbonated drinks. So, celebrate as you can, as a soda tax may be coming to your state or city. Read More.

"Billionaire Minimum Income Tax Proposal" - Recently, the Biden administration announced a new way to impose a tax on the very wealthy. It is called the Billionaire Minimum Income Tax or BMIT. Read More.

Higher interest rates means consumers will pay more to borrow Read More.

West Virginia Senator Joe Manchin set off environmentalists last week when he said tax credits to subsidize the purchase of electric vehicle (EV) tax credits are “ludicrous.” His argument: It makes no sense for government to subsidize EV purchases when demand for the vehicles far exceeds supply. Read More.

No one likes spending hours filling out all the complicated forms that make up a tax return. Even taxpayers with relatively simple returns either buy tax preparation software or pay a professional tax preparer to do their taxes for them. Read More.

A Tipp City Republican has introduced a bill that would lower Ohio income tax brackets every year for the next decade — until the state income tax is eliminated completely. Read More.

Mortgage rates fall slightly for first time in weeks Read More.

Shares of Amazon collapsed Friday after the e-commerce monolith reported worse-than-expected earnings spurred by high inflation and lingering supply chain constraints, pushing the stock down more than 30% below its record high and extending a slate of massive losses among formerly high-flying technology firms. Read More.

The Grassroots Corner - Week Beginning 5/02/22: “Meet Ron Eller” Read More.

Are higher taxes coming to go along with inflation? It sure looks that way. And while some of the spin is being directed at the Billionaire’s tax—that actually kicks in at a tenth of a billion dollars—there are plenty of other tax hikes proposed for more modest earners too. Here’s what is in store for you if the Biden administration’s raft of ambitious tax hikes becomes law the way the Biden administration hopes they will. Read More.

PCE climbs 0.9%, but core rate increase just 0.3% for second month in a row Read More.

"The Economy- Inflation and the FAIRtax" - As of the end of March 2022, the US Bureau of Labor Statistics notes the Consumer Price Index rose 8.5 percent over the past 12 months, the highest rate since December 1981.  Read More.

In January there was a seven-fold increase in foreclosure starts, new data shows. Read More.

Tesla shares collapsed Tuesday as investors continued to digest the implications of Twitter’s acceptance of CEO Elon Musk’s $44 billion bid for the social media giant, tacking onto already-staggering losses spurred by the Federal Reserve's looming interest rate hikes. Read More.