Archive for February, 2009
Central Va. residents putting in requests for stimulus money
Local officials and residents are logging on en masse to the state’s stimulus Web site, which allows anyone to submit proposals for how to use new federal money. The site, which so far has more than 3,300 proposals, reads like a wish list from cash-strapped localities.
Income tax hit seen less than feared
Many U.S. residents making between $200,000 and $400,000 may not see as much of a tax hit under the proposed federal budget as feared, an economist says.Even if the new tax increases go into effect, the amount those in the upper income bracket owe may not change much from what they had already been paying under the alternative minimum tax, The New York Times reported Saturday.Taxpayers typical …
Vehicle fee hike will bring money to Fort Collins, Larimer County
Many Larimer County residents will see their motor vehicle registration fees more than double under a proposed new state law but they’ll also see some of that money come back to fix local roads and bridges.
Death and taxes and income splitting
Tax season will soon be upon us, and filers will be kept busy when it comes to optimizing pension income splitting.
Buffett reports 62 percent drop in 2008 net income in his worst year at Berkshire Hathaway
Warren Buffett’s Berkshire Hathaway Inc.
State Rep. DeLuca wants to limit outside income
HARRISBURG–State Rep. Tony DeLuca, D-Penn Hills, wants to limit how much outside income a legislator can earn.
Citation money goes to everyone except IPSO
This year could be a moneymaker for local law enforcement agencies, with the city of New Iberia and those that receive a portion of court costs making more money from fees and fines.
Obama tax cuts target middle-income families
A typical American family would get a tax cut under President Barack Obama’s budget proposal, and their low-income neighbor would fare even better. Their wealthier counterparts, however, would face some steep tax increases, starting in 2011. Families making as much as $50,000 would owe no federal income taxes, as long as they have at least two children, …
Norman to PGA: Trim prize money
Greg Norman has some harsh words for players on the PGA Tour. Because of the global economic crisis, he figures a pay cut is fair. “Prize money is being scaled back in Europe; I wouldn’t be surprised if prize money’s scaled back in the U.S.
Buffett reports 62 percent drop in 2008 net income in his worst year at Berkshire Hathaway
OMAHA, Neb. – Warren Buffett’s Berkshire Hathaway Inc.
