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Keyword: demotax

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  • Congress lets 50 tax breaks expire at end of ’09

    01/01/2010 2:06:26 PM PST · by jan in Colorado · 32 replies · 2,200+ views
    Forbes.com ^ | 12-22-2009 | Ashlea Ebeling
    When members of the U.S. Senate finally head home this week, they will be leaving the future of 50 individual and business tax breaks in limbo. All expire at the end of 2009. Among the disappearing breaks are the research tax credit and an annual alternative minimum tax "patch," which keeps 23 million additional middle-income Americans from being forced into calculating and paying the dreaded AMT. (For 2009, with the patch in place, 4 million upper-middle- and high-income families will pay AMT.)
  • Cap and Trade Changing Everything

    12/05/2009 9:24:25 PM PST · by greenwill · 25 replies · 2,310+ views
    Lovington Leader ^ | 10/14/09 | John Graham
    Cap and trade legislation may be one of the biggest issues facing the oil and gas industry according to Dr. Daniel Fine, Associate of Policy, Strategy and Development at New Mexico Tech. He also serves on the New Mexico Center for Energy Policy which is hosting the presentation by former Shell Oil executive, John Hofmeister tonight. “What is the purpose to cap and trade?” asks Fine. “Is the purpose to raise revenue? Is the purpose to lower CO2? Or both?” The bill (Waxman-Markey) coming out of the U.S. House of Representatives claims both purposes without a clear policy declaration.