Update 821 — Closing Economic Arguments:Record and Vision Presented by Candidates Following Donald Trump’s controversial and divisive speech on Sunday at Madison Square Garden and Kamala Harris’s rousing final appeal last night at the National Mall, voters have now heard the candidates’ closing arguments in the 2024 campaign. Their cases on economic policy present a …
Update 820 — All but Tied: Polls in Bell Lap;Global Leaders Worry About Trump Tariffs The final New York Times/Siena poll of the 2024 election cycle published yesterday shows, for the first time, a flat-footed tie at 48 percent each for presidential candidates Kamala Harris and Donald Trump. In all of the seven battleground states …
Update 809 — Harris on Offense in Debate;Behind the Debate: the Candidates on Taxes Vice President Harris held court last night in what could well be the last presidential debate of the 2024 campaign. On the opening question, Harris presented a rendition of her vision of an “opportunity economy” and a break from the past. …
Update 809: Beyond the Debate: the Candidates on Taxes Read More »
Update 805 — Harris’ Economic AgendaFirst Priority: Lowering Americans’ Costs Greetings from the Democratic National Convention in Chicago, where Democrats are introducing the nation to the still-unfamiliar economic agenda of Presidential nominee Kamala Harris. That process formally began last week in Raleigh, NC, where the Vice President made clear that her first priority will be …
Update 782 — Direct File Passes TrialIRS Offers Taxpayers Streamlined DIY How did you prepare and file your tax returns this year? Did you spend hours doing paperwork, trying to figure out which deductions you qualify for? Did you give the paperwork to a tax preparation firm that filed on your behalf for a fee? …
Update 773 — Supplemental’s Status, Roundup of Week’s Other Developments It isn’t the express train but the long-lingering local that the $95 billion international assistance package, originally requested by the administration over six months ago, is riding en route to the finish line in Congress. Once enacted, the White House will sign and herald most …
Update 771 — CPI Hotter Than Expected;March Report Dampens Rate Cut Outlook Following this week’s CPI report for March, observers ranging from President Biden to Fed Governors to market participants agree that the trends in stubbornly elevated prices thus far this year point to a reduced likelihood of a Fed pivot to interest rate cuts …
Update 745 — Hope for Tax Package Amid Unresolved FY24 Budget Issues The congressional budget-making process for fiscal year 2024 (FY24), now in its fourth month with no plan in place, seems to have two gears: slow and reverse. This week, …
Update 685: This Year’s Tax Day Haul:Assisted by $80 billion SOS for the IRS Today is the deadline for most American taxpayers to file individual tax returns. Taxpayers might notice that this year’s IRS is faster, more responsive and easier to reach, thanks in large part to the $80 billion dollars the agency received in …
Update 654 — Tax Talk of the Town:Fate of CTC and R&E Rest on FY23 Good news from Georgia — Senator Raphael Warnock has won re-election, giving Democrats 51 seats and a governing majority in the Senate (which we cover Friday). Members of Congress, staff and advocates are working feverishly to hash out a compromise …
