The Latest Debt & Finance Blog
The gap between the presidential candidates on tax programs is Grand Canyon-esque. And that may understate it. President Donald Trump wants to continue the 2017 tax cut, which his campaign…
The COVID-19 pandemic has created record unemployment, erased profit margins, closed businesses and wreaked havoc on almost every family’s money outlook. It has even affected America’s ultimate get-out-of-jail financial symbol…
Veterans indebted to the Department of Veterans Affairs won a partial payment reprieve this summer that will last at least through the end of 2020. The VA action extends a…
Many American businesses are disregarding President Trump’s order allowing them to temporarily stop withholding Social Security taxes from their employees’ paychecks. The plan, they say, is confusing and won’t produce…
If you’re considering a consolidation loan to sweep away credit card debt and lower your monthly interest payments, do it! There couldn’t be a better time. All you need is…
If you are unemployed and your job prospects are grim, March 11th was probably one of the better days you’ve had during the pandemic. That was the day federal unemployment…
Dorothy surely wasn’t thinking of life in a COVID-19 pandemic when she clicked those heels in the “Wizard of Oz” and opined that ‘there’s no place like home.’ But her…
COVID-19 has put a plug in the nation’s cash flow, forcing graduates to dig deeper into their pockets if they want to avoid drowning in student loan debt. The US…
Congress and the White House are still debating whether the HEALS Act, HEROES Act – or some compromise Act in between – will deliver the next round of coronavirus relief…
If you’ve lost your job due to the coronavirus crisis, your unemployment benefits are likely to decrease very soon. It’s just a question of how much. That will be decided…
Sources:
- Dore, K. (2020, September 18) What to Know About Joe Biden’s Tax Policy. Retrieved from https://twocents.lifehacker.com/what-to-know-about-joe-biden-s-tax-policy-1845103361
- Berry, K. (2020, September 1) Election 2020: Comparing the Biden and Trump tax plans. Retrieved from https://www.cpapracticeadvisor.com/tax-compliance/news/21152588/election-2020-comparing-the-biden-and-trump-tax-plans
- Madhani, A., Boak, J., Alonso-Zaldivar, A. (2020, August 13) Trump’s plan to eliminate payroll tax doesn’t add up. Retrieved from https://apnews.com/article/ap-top-news-politics-business-economic-growth-donald-trump-115d67efe74079235adc1b698ae2b6d9
- Amadeo, K. (2020, May 23) US Budget Deficit by Year Compared to GDP, Debt Increase, and Events. Retrieved from https://www.thebalance.com/us-deficit-by-year-3306306#deficit-by-year-since-1929