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Quote of the week. “It is easier to do a job right than to explain why you didn’t.”– Martin Van Buren
Tags: Constitutional Republic, Consumer Confidence Index, Disservice, Economists, Financial Future, Form Of Government, Government Decisions, Insight, Investments, Job, Jobless Rate, Martin Van Buren, Obama, Pete Mitchell, Polls, Quote Of The Week, Reform Act, Reuters, Salaries, U S Census, Wages, Wallet
Quote of the week. “Nothing in life is to be feared. It is only to be understood.”– Marie Curie
Tags: America, Campaign Slogan, Clinton, Commerce Department Report, Department of Commerce, Dollar Index, Dow 30, Durable Goods Inventories, Durable Goods Orders, Federal Governments, Health Care Reforms, Health insurance, Inmates, Marie Curie, Median Sale Price, NASDAQ 100, New Commerce, New Homes, Next Presidential Election, Obama, oil, Oil Prices, President, President Clinton, Presidential election, Religious Objections, Right President, S&P 500, Seam, Surges, USD
0% estate taxes in 2010 … for now, anyway. On January 1, the federal estate tax went away – at least for the time being and perhaps for all of 2010 as envisioned back in 2001. President Obama and Congressional leaders wanted the estate tax to stick around in 2010 at 2009 levels (estate taxes up to 45% with a $3.5 million exemption), but lawmakers were preoccupied with other matters.1,2
Tags: 1 Million, 5 Million, American Institute Of Certified Public Accountants, As American Institute, Bypass trust, Capital Gains, Certified Public Accountants, Congress, Congressional Leaders, Estate Planners, Estate tax in the United States, Federal Estate Tax, federal government, Finance, Gift tax in the United States, Gift Taxes, Good Question, Inheritance, Institute Of Certified Public Accountants, January 1, Law, Lawmakers, Obama, Obama administration, Pete Mitchell, Political economy, Suspense, Tax, Tax haven, Taxation, Taxation in the United States, Tom Ochsenschlager, vice-president for taxation, Washington,United States, Wealthy Families
Quote of the week. “Reputation is what other people know about you. Honor is what you know about yourself.”– Lois McMaster Bujold
Tags: Department of Commerce, Dow 30, Dow Jones & Company, Dow Jones Industrial Average, Economy of the United States, Lois McMaster Bujold, Michigan, NASDAQ 100, New York Mercantile Exchange, New York Stock Exchange, NYSE Group Inc., Obama, President, S&P 500, Senate, University of Michigan
