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State Net Capitol Journal – October 1, 2012

Budget & Taxes NATION NEARING SEQUESTRATION CLIFF: The automatic federal budget cuts that were part of the 11th-hour debt-ceiling deal Congress reached in August of last year - cuts no one really wants - are set to take effect in a few months. And officials at every level of government are...

State Net Capitol Journal – October 1, 2012

Budget & Taxes NATION NEARING SEQUESTRATION CLIFF: The automatic federal budget cuts that were part of the 11th-hour debt-ceiling deal Congress reached in August of last year - cuts no one really wants - are set to take effect in a few months. And officials at every level of government are anxious...

The Looming "Fiscal Cliff" and Business Risk

Next Tuesday, the country will elect its President for the next four years. Exactly one week later, Congress will return to take up a critical piece of deferred business that could dramatically affect the country for the next four years and even beyond, regardless of who wins the Presidential election...

The Looming "Fiscal Cliff" and Business Risk

On Tuesday, the country will elect its President for the next four years. Exactly one week later, Congress will return to take up a critical piece of deferred business that could dramatically affect the country for the next four years and even beyond, regardless of who wins the Presidential election...

State Net Capitol Journal – November 19, 2012

Budget & Taxes OBAMA FIRES OPENING BUDGET SALVO: At a meeting with union leaders and other liberal activists last week, President Barack Obama announced that he intended to begin budget negotiations with congressional leaders by calling for $1.6 trillion in additional tax revenue over the next...

State Net Capitol Journal – November 19, 2012

Budget & Taxes OBAMA FIRES OPENING BUDGET SALVO: At a meeting with union leaders and other liberal activists last week, President Barack Obama announced that he intended to begin budget negotiations with congressional leaders by calling for $1.6 trillion in additional tax revenue over the next...

State Net Capitol Journal – December 3, 2012

Budget & Taxes 'CYBER MONDAY' SPURS PUSH FOR ONLINE SALES TAX: By most accounts, "Cyber Monday," was a good day for online retailers. Adobe Systems Inc. said Cyber Monday sales, based on data from retailers like Best Buy Co. and Wal-Mart Stores Inc., jumped 17 percent to almost...

State Net Capitol Journal – December 3, 2012

Budget & Taxes 'CYBER MONDAY' SPURS PUSH FOR ONLINE SALES TAX: By most accounts, "Cyber Monday," was a good day for online retailers. Adobe Systems Inc. said Cyber Monday sales, based on data from retailers like Best Buy Co. and Wal-Mart Stores Inc., jumped 17 percent to almost...

State Net Capitol Journal: Lawmakers Will Face Wide Array Of Issues In 2013

For much of 2012, it seemed just about every major issue confronting states and the federal government was put on hold in anticipation of the impending election. With that process finally over, lawmakers will settle in to try and solve a myriad of thorny problems in 2013. Over the next few issues, SNCJ...

Permanent Insanity

Things have been positively dizzy in Washington since the New Year - dizzy from all the spinning coming from Democrats and Republicans on how they saved us from the fiscal cliff. My personal favorite: we now have a permanent tax code. Even the great, gray lady that is The New York Times declared "...

Permanent Insanity

Things have been positively dizzy in Washington since the New Year - dizzy from all the spinning coming from Democrats and Republicans on how they saved us from the fiscal cliff. My personal favorite: we now have a permanent tax code. Even the great, gray lady that is The New York Times declared "...

What the Fiscal Cliff Deal Means for Retirement Accounts

The fiscal cliff deal has not only affected income and estate taxes, but it has also changed how retirement rollovers are handled. Roth Rollovers The new provision gives freedom to retirement account holders. Anyone with a 401(k) , 403(b), or a similar plan may rollover their funds into a Roth...

State Net Capitol Journal: Renewable Energy Becoming Battleground Issue

Last month's "fiscal cliff" deal temporarily extended several federal renewable energy incentives, such as the tax credit for producers of wind energy. But with investor confidence in renewable energy still somewhat shaky in comparison to more established energy sources like natural gas...