Federal Tax & Bailout 2008

Eduardo Castro-Wright addressed a group of investors in New York this morning, giving the keynote address for a conference hosted by the Lehman Brothers group. Castro-Wright discussed several of Wal-Mart’s recent business initiatives, including appealing to upscale shoppers and cashing tax rebate checks. He insisted that Wal-Mart will do well no matter how the economy [...]

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After pushing for the government to save the day as the economy comes to grips with bad business decisions made in the credit markets, “CBS Evening News” doesn’t think the government’s tax rebate will be enough. “The government started sending out those tax rebate checks today, but they may not do all that much [...]

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As noted previously on these shores, Barack Obama has—contrary to his reputation as the “most liberal senator” ginned up by the National Journal—generally made proposals that make economic sense. His opposition to the hare-brained “gas tax holiday” scheme is another point in his—or at least his economic advisors’—favor. That said, I will quibble with [...]

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When filling out my income tax form, I opted out of direct deposit for my refund and “stimulus” check. I later learned that people who chose checks would get them later than those who took the electronic avenue. Fair enough. But yesterday this hit me: “If the last two digits of your Social [...]

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President Bush took some time to tout his “economic stimulus” measures this morning, including the tax rebate that we are expecting. He did mention that things are tough for the economy, and laid out some ideas for fixing the problem, including energy ideas that he said would help the economy. What [...]

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Brian Arner: We should be earnestly pursuing policies that reduce our consumption of gasoline. A tax rebate does the contrary by encouraging motorists to consume more gas. That’s bad policy. Arner has some sensible suggestions, which means they’ll probably never happen. There is, though, an upside to rising gas prices. It will force us [...]

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In case you haven’t been reading FameCrawler, or are too busy spending your tax rebate check to read the tabloids, Tom Cruise will be making a return visit to the Oprah Winfrey show to celebrate the 25th anniversary of his breakout role in “Risky Business.” Yeah, way back when, before the Scientolobots got a [...]

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by Mark Silva President Bush, asserting that he is both aware and concerned about the rising price of gasoline, offered a solution today that offers no immediate relief and in fact may remain a long way from approval on Capitol Hill: Oil exploration in Arctic preserves. Acknowledging at the opening of [...]

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WASHINGTON - The government began depositing tax rebate checks in thousands of bank accounts on Monday as the stimulus program aimed at giving the ailing economy a jump-start. The Internal Revenue Service started making direct deposits on Monday with the goal of completing 800,000 payments each day over the first three days of this [...]

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Permalink :: Comments Before You Buy That New TV With tax rebate checks arriving any day now, there will be a lot of folks who are tempted to get a new television, probably thinking they are going to need one by next February. 9News [...]

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