Everyone, Everyday: Talking About What Matters
Mark Garro 
When Shohei Ohtani inked a jaw-dropping $700 million contract with the Los Angeles Dodgers, he didn’t just make sports headlines—he stirred up a tax talk that’s got everyone from fans to financial buffs tuning in. This isn’t your usual chatter about home runs and strikeouts; it’s all about the clever play behind the scenes that … Read more
In an ambitious move to address wealth inequality and fund social programs, state legislators across the U.S. are proposing new taxes aimed at increasing the burden of the wealthiest individuals. Federal Inefficiencies This initiative, sparked by what many see as inefficiencies in the federal tax system, seeks to make multimillionaires and billionaires contribute more significantly … Read more
The U.S. House of Representatives recently passed a landmark tax package, delivering a significant policy shift aimed at supporting American families and businesses. A $78 Billion Package The Tax Relief for American Families and Workers Act of 2024, valued at $78 billion, will provide extensive support through expanded child tax credits and revived business tax … Read more
As the new year brings a swathe of new economic data and predictions, economists are making their call on the interest rates, with forecasts pointing towards a bit of a reprieve for mortgage holders. The impact of these changes on both homebuyers and sellers could be significant, and household budgets may get to enjoy a … Read more
A new report from the U.S. Department of the Treasury (USDT) has painted an optimistic picture of the American economy, with the latest economic data suggesting reduced inflation, increased real wages, and low unemployment rates. As many households continue to feel the pinch, it appears individual financial experiences may not fully align with this positive … Read more
Kentucky is gearing up for a major shake-up in its sales tax system, aiming to make the state more attractive for business and better for shoppers. The upcoming change is all about helping businesses grow and making sure customers don’t end up paying more than they should. What’s Changing in Kentucky’s Sales Tax? Kentucky aims … Read more
In a historic move, the Biden Administration is taking bold steps to confront the high costs of prescription drugs. The government is seeking to leverage the Inflation Reduction Act to give Medicare the ability to negotiate prices directly with pharmaceutical companies. The new initiative hopes to alleviate the financial burden on millions of Americans, particularly … Read more
The complexity of tax documentation can overwhelm even the most diligent taxpayer. Fortunately, the IRS wants to simplify its communications to make life easier for millions. It has commenced a new initiative to make tax notices more accessible and understandable. The Taxpayer’s Burden The average American taxpayer faces a daunting challenge each year thanks to … Read more
In a stirring campaign address to his Victory Fund supporters and its contributors, President Joe Biden reflected on the significant achievements of his term. In the lead-up to the elections, the President also delivered a critique of leadership under Donald Trump, while focusing on the need for continued efforts to secure the nation’s future. Revitalizing … Read more
The Biden-Harris Administration has announced a major step in addressing the student loan crisis in the United States. With the approval of $4.9 billion in additional student loan debt relief, nearly 74,000 borrowers are set to benefit from this decision, marking a critical move towards financial freedom for many Americans. Substantial Relief Granted The announcement … Read more