MoneyTipsCharitable giving is one of the most popular (and fulfilling) ways to save on your taxes. Not only does it make you feel good to help others, but end-of-year charity donations can also help you save on your taxes — if you do it correctly. To help you with your giving efforts, the IRS offers several tips and reminders about charitable contributions. Itemizing – If you decide to take a standard deduction instead of…
MoneyTipsThe holiday season is full of plans and activities that make December incredibly hectic. If you are the average American, tax considerations and financial adjustments are pretty low on your holiday to-do list. However, you are not the average American — you enjoy saving money, are diligent in seeking ways to save, and excellent at following through with your plans. We can help by offering these potential money-saving tips to take to save on this year’s…
Dennis Fujimoto/The Garden Island via AP
A Walmart store in Lihue, Hawaii
Nick Hanauer, who may be the nation’s only venture capitalist who fully understands just how much havoc American capitalism since the 1970s has wreaked with all but our wealthiest citizens, and who’s put forth some of the most far-sighted remedies to spread the wealth Americans create to the hundred-plus millions who actually create it, is at it again. Yesterday, our friends at Democracy posted a new article by Hanauer that…
John Hart/Wisconsin State Journal via AP
Opponents of the Wisconsin legislature’s lame-duck actions rally in Madison.
Republicans in Michigan and Wisconsin who have moved aggressively to steamroll voters and strip power from incoming Democratic officials appear confident that they will pay no political price, and many analysts seem to concur.
After all, state legislators won’t face re-election for another two to four years, and electoral maps gerrymandered to heavily favor Republicans won’t be redrawn until after 2020. That’s…
David Guralnick/Detroit News via AP
Gretchen Whitmer gives her acceptance speech after being elected the next governor of Michigan, in Detroit.
Are the Democrats, as so many people believe, moving left, or are they gravitating to the center? Actually, the results of this year’s primary and general elections show there is movement in both directions, setting the party up for future conflicts.
Let’s look at the congressional results. Perry Bacon, Jr. at FiveThirtyEight makes the case that the Democrats are moving…
The Library at Columbia University
Young people like and want unions. Both the Gallup and the Pew polls released this summer show public support for unions at its highest levels in many years, and in both polls, it’s the young who give unions their highest approval ratings. In Pew, 68 percent of Americans aged 18 to 29 had a favorable view of unions; in Gallup, 65 percent of Americans aged 18 to 34 approved of them.
But given the risks…
AP Photo/Seth Wenig
A supermarket displays stickers indicating they accept food stamps in West New York, New Jersey.
This week, the House and Senate finally came to an agreement on the farm bill, the legislation that authorizes farm subsidies as well as nutrition programs, like the Supplemental Nutrition Assistance Program (SNAP), commonly known as food stamps. While the previous bill had expired in September, lawmakers came to an impasse over whether to sharply limit food stamp eligibility. In a…
AP Photo/Andrew Harnik
President Donald Trump departs after speaking in Kansas City, Missouri.
This article originally appeared at HuffPost. Subscribe here.
At several previous points in Donald Trump’s presidency, it looked as if he could not possibly survive to the end of his four-year term. Yet Trump always managed to change the subject, his public shrugged, Republicans continued to support him, and Trump rolled merrily on.
This time could be different. The stage is now set for what appears to be…
Kristoffer Tripplaar/ Sipa via AP Images
The headquarters of the General Motors Company at the Renaissance Center in downtown Detroit
Donald Trump’s “America first” economic nationalism is finally crashing into the reality of America’s shareholder-first global capitalism.
Last week, General Motors announced it would cut about 14,000 jobs, most of them in the politically vital swing states of Michigan and Ohio.
This doesn’t quite square with the giant $1.5 trillion tax cut Trump and the Republicans in Congress enacted last…
AP Photo/Julie Jacobson
Michael Cohen walks out of federal court in New York.
In a sentencing memo explaining why they believe Donald Trump’s former attorney Michael Cohen should get substantial jail time, federal prosecutors contended on Friday that the president of the United States directed a scheme to violate election laws by making large unreported payments to buy the silence of two women who say they had affairs with him. Meanwhile, special counsel Robert Mueller argued for leniency,…