Chris Edwards
Chris Edwards
Chris Edwardsis an American former professional vert skater...
ProfessionOther
Date of Birth22 December 1973
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Roth IRA funds come from after-tax money, ... The change wouldn't cause a budget loss in the short-term, which would please those concerned about the deficit.
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The Panel's income tax reform plan would make some positive changes such as eliminating the double-taxation of dividends and treating U.S. businesses on a territorial basis with regard to their foreign profits. Both of these changes would increase U.S. business competitiveness and spur investment. However, on both the individual and business parts of this simplified income tax, the proposed top tax rates were still too high. For example, the proposed 32 percent corporate rate would still be higher than the 28 percent average corporate tax rate in Europe.
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We expect demand to be high as feedback from customers has shown a desire for a choice between fixed-rate accounts and high-interest variable accounts.
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During economic recessions, when heavily indebted companies get in trouble and go bankrupt, that destabilizes the whole economy.
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There was a growing undercurrent of discontent by fiscal conservatives kept under wraps because Bush delivered four tax cuts in four years. It had been a unifying theme. That is over now because of the gigantic deficits.
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Current budget procedures stack the deck in favor of program expansion without regard to the burdens imposed on current or future taxpayers.
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There's not going to be any details. They don't want the budget accounting to get in the way of the message ... of the benefits (of overhauling Social Security).
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There's not going to be any details, ... They don't want the budget accounting to get in the way of the message ... of the benefits (of overhauling Social Security).
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What we had in 16 acres, ... they have in three counties.
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If they repeal the AMT, they've got to replace it with higher taxes somewhere else, ... Tax reform could mean a big looming tax increase for a lot of people.
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Numerous factors affect the size of state bureaucracies, including demographics, crime levels and the propensity of states to contract or privatize services such as prisons or solid waste collection.
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I'm all in favor of the tax cuts, but I think that the administration has to eat their spinach along with the tax-cut candy and propose more spending cuts.
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While tax authorities have increased surveillance and regulation in a bid to stem the flow of investment capital and profits to low-tax jurisdictions, it's easier to shift money around than it used to be thanks to technology. Both legal avoidance and illegal evasion techniques have become more accessible.
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The pork explosion is a neon sign advertising the fiscal failure of today's congressional leaders.