Posted by Curmilus Dancy II (Butch) on February 4, 2012
The $250 tax deduction for educators’ out of pocket classroom supply expenses expired at the end of 2011. While educators may still claim the deduction on their 2011 tax returns, unless Congress acts to extend the deduction, it will not be available in future years. Educators often reach into their own pockets to purchase classroom supplies because they want to make sure students have what they need to succeed. (More)
Posted in Congress, Educator Tax Deduction, National Education Association (NEA) | Leave a Comment »
Posted by Curmilus Dancy II (Butch) on August 16, 2011
Warren Buffett, one of the richest men in the country, wants to pay more taxes and thinks his super-rich friends should too.
Buffett, who is estimated to be worth more than $47 billion, called on Congress to commit to "shared sacrifice" and raise taxes on people earning more than $1 million. Buffett said the rich are "coddled" by Congress "as if we were spotted owls or some other endangered species." (Read more)
Posted in Congress, Debt Ceiling, Debt Limit, President Barack Obama, Tax The Wealthy, Warren Buffett Billionaire | Leave a Comment »
