Asset and Wealth Protection
Former Massachusetts Governor Mitt Romney has warned against bailing out Detroit automakers, recommending that the government let them go bankrupt instead.
The proportion of middle aged and older people who admit they are not confident they have enough money for retirement has risen, a new survey reveals.
With the average person footing the bill for the $700 billion bailout, taxpayers may be forgiven for feeling that bonuses for the heads of the largest financial services companies are not quite fair.
Extending aid to struggling automobile manufacturers is not fair to taxpayers and does not make fiscal sense, House Republican Leader John Boehner has said.
Gold prices fell for a second straight day on Wednesday, retreating to levels not seen since October.
Taxpayers and lawmakers alike remain dismayed by large compensation packages for executives, particularly in light of last month’s unpopular $700 billion economic bailout bill.
Taxpayers could get a break on their 2009 tax returns due to inflation adjustments recently announced by the IRS.
An increasingly disturbing employment outlook is contributing to concerns about the long-term prospects for economic recovery.
Taxpayers could find themselves footing the bill for much more than just bad mortgage and investment decisions, amid reports that some executives involved in the situation may be entitled to recover millions of dollars in legal costs from the government.
The National Association for Business Economics is predicting that the economy will rebound in 2009 – but not before continuing to struggle in the short term.