To hear the media report it, President Obama is proposing a tax increase on wealthy Americans. That’s misleading at best. He’s proposing that everyone receive a continuation of the Bush tax cuts on the first $250,000 of their incomes. Any dollars they earn in excess of $250,000 will be taxed at the old Clinton-era rates.
PERTH AMBOY – Police arrested two demolitions workers on Monday who allegedly stole wallets and a video camera from a fire-damaged apartment building on State Street.
WASHINGTON, D.C. — School’s out, but the IRS has another lesson for students who will be starting summer jobs. Summer jobs represent an opportunity for students to learn about the tax system.
LINDEN – Authorities are offering a reward for information that leads to an indictment in the late Monday night fatal shooting of an 18-year-old Linden woman.
STATE – The Federal Emergency Management Agency (FEMA) has awarded funding to New Jersey nonprofit organizations, and transit and port agencies operating in and around New Jersey under the U.S. Department of Homeland Security’s federal fiscal year 2012 homeland security funding programs.
Bad news for the U.S. economy and for Barack Obama. We’re in the jobs doldrums. Unemployment for June is stuck at 8.2 percent, the same as in May. And only 80,000 new jobs were added.
TRENTON – NJDOT officials today announced a project to resurface more than four miles of Route 1 northbound from just south of Woodbridge Avenue (CR 514) to the vicinity of the I-287 interchange in Edison Township.
CLARK – A 73-year-old Clark woman who was found dead inside her home this weekend is a homicide victim, Union County Prosecutor Theodore J. Romankow announced today.