#Analysis says Biden’s tax plan will effectively cut lower- and middle-class wages

Admin5 years ago05 mins

“#Analysis says Biden’s tax plan will effectively cut lower- and middle-class wages” Here’s something new to worry about when it comes to President Biden’s tax plan: It could hit you in the paycheck. A new analysis from the Tax Policy Center shows the White House’s plan to hike the minimum rate on corporate taxes to…

#How taxes made margarine pink, ships sink, and more odd results

Admin5 years ago016 mins

“#How taxes made margarine pink, ships sink, and more odd results” On Wednesday, President Biden announced his $2 trillion infrastructure package, and part of the plan includes raising taxes on corporations and “high earners.” It’s just the latest example of a government struggling to calibrate taxes so that they land fairly on the most well-off…

#New York state income tax filing extended to May 17

Admin5 years ago04 mins

“#New York state income tax filing extended to May 17” ALBANY — New York will push back its state income tax filing deadline for the second year in a row due to the coronavirus pandemic, bringing it in line with the newly extended federal income tax filing deadline of May 17. State Division of the…