A lot of people are confused right now about Congress' plans to raise taxes (more precisely, eliminate the Bush-era tax cuts) for people with incomes of $250,000 per year or more.
Half of American adults nationwide believe it's at least somewhat likely that General Motors and Chrysler will repay their bailouts in full, but only one-in-five say full repayment will make them look more favorably on government bailouts in the future.
For the first time, most Americans don’t think last year’s government bailout of General Motors and Chrysler was a bad move.
Belief that a home is a good buy for a family remains low.
Thirty percent (30%) of homeowners say the value of their home is less than what they still own on their mortgage. That's the lowest level measured since August but consistent with findings since April 2009.
Homeowners continue to have little short-term confidence in the U.S. housing market but are much more confident about the picture five years down the road. The findings on both questions remain in the ballpark of where they’ve been for well over a year.
President Obama’s bipartisan deficit reduction commission ultimately will propose tax hikes, spending cuts or a combination of the two to reduce the country's historic high debt, but most Americans feel they - and not Congress - should have the final say on whether the commission's proposals become law.
While President Obama’s bipartisan deficit reduction commission is considering a mix of spending cuts and tax increases to tackle the country’s growing deficit, a slight majority of voters now say it’s possible to balance the budget without raising taxes.
Extending the so-called Bush tax cuts is front and center as the lame duck Congress returns this week, and voters still hold a slight preference for continuing those tax cuts for all Americans rather than continuing them for all but the wealthy.?
"I am starting a new Internet business in my spare time, and have considered forming a limited liability company (LLC) for this business. I also owe a ton of money to some people, and there's a good chance I may have to file personal bankruptcy in the next year to two years. I have heard that if an LLC has only one member, it doesn't really protect you because your 100 percent ownership interest in the LLC becomes just another asset your creditors can attack.
The chairmen of President Obama’s bipartisan deficit reduction commission released draft proposals Wednesday that included plans for tax increases and spending cuts for entitlement programs that drew sharp criticism from both sides of the political aisle.Americans are now a bit less sure as to whether the commission will push more tax hikes or more spending cuts in order to reduce the deficit.
When looking for a car, adults nationwide now say buying American-made is as important as finding the best deal.
When it comes to purchasing products, Americans want their goods home-grown.
A plurality of voters continues to believe that the country’s economy will benefit from free trade, but they also think it will stunt job growth.
"My wife and I are looking to buy a business together. We heard about a great local business that's for sale, but when we inquired with the business broker handling the sale, we learned that it was already under contract to be sold. However, the broker told us the buyer was getting 'cold feet' and probably wouldn't want to go through with the sale. Since the buyer was getting a terrific price for this business, what this broker suggested is that we contact the buyer and offer to buy the limited liability company (LLC) he formed to acquire this business. That way, we could become the buyer under the contract of sale and close on this business without the seller changing the deal. The buyer would stay on board as the 'President' of the LLC and sign all of the documents at closing as if he were still the party in charge, so the seller wouldn't suspect anything.
A plurality of working Americans still expects to be earning more money from their job a year from today.
Voters continue to believe that raising taxes and increasing government spending will dig our economy deeper in a hole, and they don’t see things getting any better under the Obama administration.
For the first time in over a year, a slight majority of working Americans say staying with their current company offers the best opportunity for advancement.
Here are some more tax breaks America's small businesses really need.
So much for work-life balance.
Fewer than half of workers nationwide plan to use all of their vacation time this year, and a majority says they stay connected with work during the time-off they do take.
