tax rate be 4.5% so that it would bring in the same amount of revenue as the system it was replacing.…So, of course, the legislature set the new rate at 5% to create a fine windfall, which it did. Even so, the flat income tax did what it was predicted to do. It lit the ...
The recent reduction in the Federal Funds Rate, helped lower 30-year mortgage rates down to the 6.0%-6.25% range. Though above the Covid-triggered rates of 2.5%-3%, the new rates on an historical basis, are reasonable. It may take some time, but if rates stay at or around this level...
Stock market plummets after Fed forecasts fewer rate cuts in 2025 The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected. Dec 18, 2024 S&P 500 and Dow notch gains, capping Wall Street's best month of 2024 Stocks posted...
On January 12, 2024, the federal Tenth Circuit Court of Appeals asked the Colorado Supreme Court to clarify whether, under Colorado law, holiday incentive pay must be included when calculating an employee’s regular rate of pay. On September 9, 2024, the Colorado Supreme Court responded: yes,...
On February 6, 2023, the federal Help Ensure Lower Patient (HELP) Copays Act (H.R. 830) was reintroduced in the U.S. House of Representatives by Representative Earl “Buddy” Carter (R-GA) and referred…Learn More On February 9, the Department of Health and Human Services (HHS) Se...
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The central bank on Wednesday lowered rates by 0.50 percentage points as it pivots from fighting inflation to shoring up the labor market. The cut puts the federal funds rate — what banks charge each other for overnight loans — in a range of 4.75% to 5%, down from its prior range of...
The federal Unlawful Internet Gambling Enforcement Act of 2006 prohibits players from using cards, checks or electronic bank transfers to place or settle bets. The state’s government reminds players that casino sites may be legal or licensed where they are based, but it remains illegal to place...
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