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Michigan governor targets personal tax breaks in call for sweeping cuts
LANSING, Mich. (AP) - Gov. Rick Snyder is taking on everyone from senior citizens to state workers, public schools to city halls in his first budget proposal as he works to get Michigan on sound financial footing.
The new governor made good on his...Tags: State Income Tax, Elections, Unions, Colleges and Universities, Crime, Law and Justice
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Should I Convert to a Roth IRA?
Paul ReasonerI am 55 years old and plan on retiring in 7 years. My wife and I both work and have saved religiously in our IRAs. Together we have a little more than $500,000 in those plans. I understand that since all the money invested in those plans were pre-tax...Tags: Interior Policy, Personal Income, Taxation, Labor Legislation, Pension and Welfare
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I've inherited an IRA. What to do?
Paul ReasonerRecently my mother passed away and left my sister and me her $300,000 IRA. We met with her advisor and she suggested that we should divide the IRA into two equal portions and roll them over to my sister and me. She explained that neither of us would owe...Tags: State Income Tax, Personal Income, Taxation, Personal Finance, Federal Income Tax
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A Tax Bite to Convert to a Roth IRA?
Paul ReasonerMy wife and I have always wanted to have a Roth IRA but were never eligible because of our income. As you know under the new law it is possible to convert our regular IRAs to the Roth’s. Most of our retirement assets are in 401-Ks and they cannot be...Tags: Career and Workplace, Personal Finance, Retirement, Emerging Market, Politics
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A Little of This, A Little of That
Paul ReasonerI've got myself in quite a jam and I could really use some advice. About 5 years ago I took out a home equity laon to fix up the house. It was paid off but my wife and I agreed that we wanted to re-do the kitchen and bathrooms as well as adding a sun...Tags: Career and Workplace, Mortgages, Personal Finance, Retirement, Politics
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Some Md. lawmakers ready to consider business tax cut
kaustuv.basu@herald-mail.comWhen Del. Andrew A. Serafini, R-Washington, introduced a bill during the 2013 session of the Maryland General Assembly seeking to reduce the state’s corporate income tax from 8.25 percent to 4 percent, he suggested that his bill might be a way to...Tags: Washington, DC, University of Maryland, College Park, Anirban Basu, Maryland General Assembly, Advertising
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Pressure Builds At State Capitol Over Budget, Spending Cap
The Hartford CourantTension is mounting at the state Capitol this week as legislators battle over Gov. Dannel P. Malloy's proposal for a budget that would take effect as he is running in his 2014 re-election campaign. The stakes are high for both Malloy and lawmakers...Tags: Elections, Justice System, Executive Branch, Crime, Law and Justice, Paul R Doyle
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Cloned: Inheritance Windfall: Record-Breaking Year For Estate Taxes Helps Fuel Budget Surplus
The Hartford CourantEven if death and taxes are the only things certain in life, state legislators say they can never be certain about death taxes. With no crystal ball and no idea when spectacularly wealthy Connecticut residents might die, state officials make an educated...Tags: Filene's Basement Corporation, Elections, Stamford, Crime, Law and Justice, Goldman Sachs Group, Inc.
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State Budget Statistics: Good In Short-Term, Tougher for Next Two Years
The Hartford CourantThe state's latest budget figures show tough times ahead over the next two years, placing added pressure on Gov. Dannel P. Malloy and state legislators as they try to craft a new budget compromise in the coming weeks. The newest statistics, released...Tags: Executive Branch, New Year's Day, National Government, Fairfield County, Politics
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Lower Tax Collections Expected In Coming Two Years
The Hartford CourantThe state's latest budget figures show tough times ahead over the next two years, placing added pressure on Gov. Dannel P. Malloy and state legislators as they try to craft a budget compromise in the coming weeks. The newest numbers, released Tuesday,...Tags: Executive Branch, New Year's Day, National Government, Fairfield County, Politics
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State tax cuts in our future
Indiana now enjoys what economists call a "structural surplus" in its state tax revenues. This means that the several-hundred-million-dollar surplus is a permanent affair when viewed against current expenditures. It would be astonishing if this did not...Tags: Employment Opportunities, Ball State University, Economy, Business and Finance, Patient Protection and Affordable Care Act, Career and Workplace
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Michigan residents see big tax increases
LANSING, Mich. (AP) — In the height of tax season, don't be surprised if you owe more to the taxman in Lansing. Some major income tax changes approved 21 months ago by Gov. Rick Snyder and lawmakers are just now starting to hit Michigan taxpayers...
Tags: Executive Branch, Interior Policy, Rick Snyder, Environmental Issues, Politics
Feb 16, 2011
|Story| AP Broadcast
Aug 5, 2010
|Column| WSBT-TV
Aug 12, 2010
|Column| WSBT-TV
Aug 25, 2010
|Column| WSBT-TV
Sep 13, 2010
|Column| WSBT-TV
May 19, 2013
|Story| Herald Mail
May 15, 2013
|Story| Hartford Courant
May 11, 2013
|Story| Hartford Courant
Apr 30, 2013
|Story| Hartford Courant
Apr 30, 2013
|Story| Hartford Courant
Apr 28, 2013
|Story| South Bend Tribune
Feb 19, 2013
|Story| Petoskey News
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