The extremely tight margin of the controlling party in the House of Representatives has led to some interesting, historic, and some might say chaotic outcomes on U.S. government operations this year. Legislation involving the basic functions of our government has become significantly more difficult to pass. We narrowly avoided a national debt default this past… [Read More].
Let’s be honest—most taxpayers do not want to pay higher taxes. However, recent polls show that Americans want the government to do more, such as implementing long-overdue improvements to infrastructure (i.e., roads, bridges, and water systems), providing a living wage to federal employees/contractors, improving our immigration process, establishing better security at our borders, and ensuring… [Read More].
When new tax legislation is proposed or expected to be introduced, economists, think tanks, journalists, tax policy experts (and really, anyone with an opinion) begin disseminating information regarding how the legislation will impact taxpayers. I am always skeptical of expressing opinions on new tax legislation because it is a moving target. The Biden tax plan… [Read More].