Friday, July 13, 2012
President Obama wants to extend tax cuts only to those making less than $250,000.
As President Barack Obama prepares to visit Fairfax County, one of the wealthiest counties in the nation, on Saturday, members of Congress are debating whether to heed his call to extend a Bush-era tax cut to families making less than $250,000. Republicans want to see that cut applied to all, including families making more than $250,000. House Majority Leader Eric Cantor, who represents Virginia's 7th Congressional District, said he would schedule a vote later this month to extend the cuts to all, including the wealthy. Obama has said he would veto anything that includes tax cuts for all. Former Gov. Tim Kaine, a Democrat and friend of the president, disagrees with Obama on the cut-off point. Instead of just extending the tax cuts for …
Sunday, March 4, 2012
Fairfax County mailed real estate assessments to homeowners this week.
Average real estate assessments in Fairfax Station and Clifton declined in 2011. The Fairfax County Department of Tax Administration started mailing more than 350,000 real estate assessment notices to Fairfax County taxpayers Tuesday. Fairfax Station ZIP code area properties on average decreased in value by 0.28 percent, from $590,022 in 2011 to $588,366 in 2012. The ZIP code area is essentially any property with a mailing address of “Fairfax Station, Va.” In Clifton, properties on average declined by 1.05 percent, from $614,353 to $607,908. “Property owners are cautioned against assuming that any percentages reported here have been applied to any individual assessment. The percentages are only shown as a measure of the change in mean …
Monday, February 13, 2012
President Obama's budget, unveiled while he was in Annandale on Monday, calls for higher taxes on the wealthiest Americans.
President Barack Obama’s 2013 budget, unveiled Monday while he was speaking at Northern Virginia Community College’s Annandale campus, calls for increasing taxes on the wealthiest Americans. In Annandale on Monday, Obama said, "We can settle for a country where a few people do really, really well and everybody else struggles to get by or we can restore an economy where everybody gets a fair shot, everybody does their fair share, everybody plays by the same set of rules." Specifically, Obama proposes a much higher tax rate on dividend income of the wealthiest taxpayers and a Buffett Rule to increase taxes on millionaires. Some pundits have said that in an election year with a divided Congress, almost any budget proposal is dead on arrival. …
T-Bird
10:53 am on Friday, September 21, 2012
When you say "poor" do you mean the 47% of the population Romney dismissed? I love this new party line where ONLY the rich create jobs. That IS rich! Perhaps you never heard of a guy named George Romney. Living on welfare and food stamps at one point, he made some money and is now rich and employs people. You speak of opprutunity, but it seems you mean only for the rich. While the rest of us … more ›