federal taxes Archive

Checking The Status of Your Tax Refund Online

TweetShareSharePin0 SharesChecking The Status of Your Tax Refund Online More than a few people are happy to learn they are due a tax refund after filling out their tax returns. If you are one of these people, here is how to check the status of your refund online. Checking The Status of Your Tax Refund

Reconciliation Bargaining May Be Getting Serious, Recession Risk Rising…

TweetShareSharePin0 Shares Democrats may be narrowing their disagreements over budget reconciliation. President Biden pitched a social spending bill that could cost between $1.9 trillion and $2.2 trillion to a group of congressional progressives. That would be significantly lower than the $3.5 trillion version Biden first backed but more than the $1.5 trillion floated by moderate

How To Make Retirement Saving Easier For Millions Of Americans

TweetShareSharePin0 Shares Last month, a weekend of basement cleaning uncovered decades-old records of my first tax-advantaged individual retirement account (IRA) and three employer-sponsored retirement accounts I opened in my early twenties. My dad helped me open that first IRA with earnings from my high school job as a babysitter. He made saving easy for 16-year-old

Coal Helps America Through Power and Jobs

TweetShareSharePin0 SharesCoal Helps America Through Power and Jobs You may not realize it, but the coal industry plays a large part in the U.S. economy. One major way coal affects the economy is through electricity. The majority of America’s electricity comes from coal. So when coal prices are low, like they are right now, electricity

IRS Refund

TweetShareSharePin0 SharesIRS Refund Many of us hope each year when we file our taxes that we will get a refund. This means that the amount of taxes we owe is less than what they IRS formula says we should have paid in. Many people eagerly anticipate their IRS refund as it is enough for them

A Carbon Tax is Not the Solution to Global Climate Change

TweetShareSharePin0 Shares The definition of insanity, according to a famous quotation (often mis-attributed to Albert Einstein) is “doing the same thing over and over and expecting different results.” I often think of that quote when I read yet another statement by noted economists touting a carbon tax as the solution to global climate change. Full

Which Industries Would the Tax Hikes Target?

TweetShareSharePin0 Shares A recent Tax Foundation analysis considered how various proposals from the Biden administration, from Congress, and from the Organisation for Economic Co-operation and Development would affect the effective tax rates (ETRs) on the foreign profits of U.S. multinationals. That analysis focused on how each policy and proposal would affect the overall ETRs. But

Clean Energy Tax Credits Can’t Do the Work of a Carbon Tax

TweetShareSharePin0 Shares As another season of record-breaking heat, wildfires, and hurricanes unfolds, Congress is debating how to address climate change and fund green infrastructure in its $3.5 trillion budget reconciliation legislation. Though Democrats have declared ambitious goals for addressing climate change, they continue to shy away from carbon pricing in favor of tax breaks for

Turning Up The Debt Limit Heat

TweetShareSharePin0 Shares Schumer: Debt bill vote this week. The Senate Majority Leader says he’ll call for a vote this week on a stand-alone bill to suspend the debt limit. “Let me be clear…: we must get a bill to the president’s desk…by the end of the week. Period,” Schumer told senators. Schumer and President Biden
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