Daily Archives: April 8, 2010

Vulnerable Democrats are tiptoeing on health care

By KRISTEN WYATT, Associated Press Writer
Thu Apr 8

FORT COLLINS, Colo. – First-term Rep. Betsy Markey is convinced that once people learn what’s in President Barack Obama’s new health care overhaul law, they’ll support it.

But it’s not a message she was eager to carry in person to her constituents in Republican-leaning eastern Colorado. During Congress’ two-week Easter break, she reserved any discussion of health care reform for conference calls, an op-ed piece and an appearance at a small-town Rotary Club — all small-bore outreach.

After the raucous, angry town halls of last summer, Markey steered clear of massive gatherings.

She was not alone. Tough votes for Obama’s health care plan have further complicated the re-election prospects of dozens of already vulnerable freshman and second-term Democrats. There’s even a chance the party could lose control of one or both houses in the midterm elections. Continue reading

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Nearly half of US households escape fed income tax

By Bob L.
Thur. April 8, 2010

This all sounds good on paper but the real truth is there is other taxes that they don’t talk about, I all way laughed when they say how much you take home, but they fail to admit that there are more taxes that the low income people are paying, like state, and city, and in some cases County taxes.

You see the Federal Government never takes into account what people pay in taxes there, they talk about it but never figure in how much of a tax load the American people really carry, they only think how much they can take from you to pay for their pet projects, so the low income people don’t get away from paying taxes.

Recession, new tax credits have nearly half of US households paying no federal income tax


Stephen Ohlemacher, Associated Press Writer
Wednesday April 7, 2010

WASHINGTON (AP) — Tax Day is a dreaded deadline for millions, but for nearly half of U.S. households it’s simply somebody else’s problem.

About 47 percent will pay no federal income taxes at all for 2009. Either their incomes were too low, or they qualified for enough credits, deductions and exemptions to eliminate their liability. That’s according to projections by the Tax Policy Center, a Washington research organization.

Most people still are required to file returns by the April 15 deadline. The penalty for skipping it is limited to the amount of taxes owed, but it’s still almost always better to file: That’s the only way to get a refund of all the income taxes withheld by employers. Continue reading

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