On your agenda: Patrick Watson fills Lincoln Hall with his seductive falsetto… Gustavo Dudamel returns to symphony center… free Britten and Brahms, plus the weekend plans of the Wait, Wait!...Don’t Tell Me! producer Eva Wolchover Read more
It's pretty well established that lotteries are a regressive tax, though if Powerball gets big enough (it's not even close), it might eventually cross over into being progressive. Casinos, meanwhile, reach a different demographic. Read more
"I personally think that in terms of hands-on work, dealing with everyday people, nothing beats being an alderman. It’s close up and personal. But the Congress lets you shape the national discourse, have a say in where we’re headed as a country. John Stuart Mill called legislatures, 'national talking houses.' The Congress is a forum for moving the country forward." Read more
Part of a distressed sale—a foreclosure or a short sale—or a loan modification entails the mortgage lender forgiving some or all of a homeowner’s debt. Formerly, tax laws counted that forgiven amount as taxable income. But in 2007, President George W. Bush signed legislation that temporarily exempted forgiven mortgage debt from taxable income. That law expires December 31—unless Congress acts to extend it... Read more