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The "fiscal cliff" bill signed by President Obama didn't fully please either political party, but it did contain good news for the adoption community by maintaining a tax credit that makes adoption more affordable for low- and middle-income families.
The debt remains and grows. Entitlements have not been reformed. The tax code remains a mess. And the battle over the debt ceiling happens in less than two months.
Congress has imposed new taxes and cut no spending to speak of, and we are in worse shape than ever. They passed a bill that supposedly saves us from the so-called "fiscal cliff," which they created.
Does anyone believe the president when he claims increasing taxes on 1 percent of the country will bring the budget closer to balance?
Would you give as much as you're currently giving to your church or charities of choice whether or not you were entitled to deduct the amount of the contributions from your taxable income?
A recent poll from the Wells Fargo/Gallup quarterly survey shows that U.S. small business owners are growing "increasingly pessimistic" as the new year approaches, with 21 percent expecting to decrease their workforces in the next 12 months to a level not seen since Aug. 2003.
What’s the "fiscal cliff" that's been so much in the news lately? We should take a closer look, or, come January, we may be asking ourselves "What happened?" when our taxes go up a couple of thousand dollars and the economy heads into another recession -- as some are predicting.
With Congress embroiled in debate over the so-called "fiscal cliff," many in the adoption community are concerned that the adoption tax credit set to expire at the end of the year could be forgotten.
Ironically, one of the reasons we’re on the verge of this fiscal cliff in the first place is that too many have believed for too long that moral problems can be solved or managed through fiscal policy.
A big part of the difficulty in preventing a painful trip off the fiscal cliff is a fundamental misunderstanding of what "trillion" means.
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