It's tax season. Start the party, right?
Well, it's not fun, but it can be a good thing for those who will get a refund.
Here's what you need to know in my latest.
And if you have a question about taxes, I'll get an expert to answer it. Just leave it for me in the box to the right.
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Harriet Johnson Brackey, the personal finance columnist for the Sun Sentinel, is an award-winning business reporter. Her columns for 2008 were named "The Best in the Business," a national award chosen by her colleagues at the Society of American Business Editors and Writers.
Comments
10 Ways to say No, the Banks Have Not Paid Back Their Bailout from the Taxpayer!
o, running down the list, the banks paid back TARP. That's a +, but....
1. What was the value for bank charter, to get cheap access to the Fed's funds? did they pay back this value yet? No!
2. How about the payment of interest on the banks' excess reserves at the Fed. Have the banks repaid that yet? No!
3. The Fed and the Treasury have purchased hundreds of billions of dollars of Agency debt, Agency mortgage-backed securities (MBS) and related securities through Treasury purchase programs. Have the banks paid back the capital behind those purchases yet? No!
4. How about the Term Auction Facility? Has the capital behind the benefits of that program been paid back? No!
5. Then there is the Primary Dealer Credit Facility (PDCF), has this been paid back? No!
6. Do you remember the Term Asset-Backed Securities Loan Facility (TALF)? Have the funds behind that been paid back? No!
7. What about the PPIP? No!
8. Hey, there's the Foreign Exchange Swap programs (the currency swap lines, that saved not only our banks but out banks facing counterparties who were short on dollars), has that been paid back? No!
9. There's the Commercial Paper Funding Facility (CPFF), have the funds behind that been paid back? No!
10. Most importantly, the opportunity cost of ZIRP, which hurts those who do not speculate (or have not speculated) with near free money! How do you pay that back to grandma and her .017% CDs?
http://tinyurl.com/yb7scnc
Posted by: Jill | January 21, 2010 3:57 PM
off topic:
Rep Alan Grayson ~ If this Decision Stands, You Can Kiss this Country Goodbye
http://inpoints.blogspot.com/2010/01/rep-alan-grayson-if-this-decision.html
Posted by: jay | January 22, 2010 8:21 AM
Tax preparers are constantly leaving ads on my door. Every one of them has an error on it. They are errors in grammar, or spelling. "Received for one child up to..." "refferal" "You are eligible to receive huge refund." "You are qualify to receive all your refund credits." If they aren't paying attention to the advertising copy, then how am I to be assured that they will be meticulous on my tax return? Their ad is the first impression I get from them and if it has errors, I will not consider them.
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