Shout Out Feed

Cook County residents lined up last week to tell county commissioners what they thought about the board's proposed soda tax. (Photo by Hal Dardick via Twitter) Cook Cook County officials implemented a tax on sugary beverages this summer. That levy, which was designed to (1) promote healthier habits among Chicago-area residents, (2) raise more much needed money for the Illinois county or (3) both, has fizzled. On Wednesday, Oct. 11, county commissioners voted 15-2 to repeal the penny-per-ounce tax, which, like similar proposals, is usually referred to as a soda — or pop in the Midwest — tax. Collection of... Read more →


Michael Horowitz, Inspector General for the U.S. Department of Justice and Chair of the Council of the Inspectors General on Integrity and Efficiency, welcomes one and all to Oversight.gov, a new website that consolidates public reports from federal Inspectors General. Whenever talk turns to tax reform, there also are discussions on cutting federal spending. After all, if some of us get more favorable tax treatment, the money to make up for that lost revenue must come from somewhere. Conventional wisdom and political rhetoric tends to focus on Uncle Sam's inefficiencies, both perceived and real. If a federal agency or department... Read more →


It's International Podcast Day! Why are you reading (although thank you for stopping by)? You should be listening. That's why on this day celebrating the internet's audio offerings, this Shout Out Saturday goes to seven of my favorite financial podcasts. 1. Money Girl Laura Adams is the Money Girl of the title, offering her self-described "quick and dirty tips for a richer life." This one caught my ear because Adams' typically short and sweet 'casts often include comments about my favorite financial subject, taxes. Even better, her tips typically are pretty actionable, so as soon as you're through listening, you... Read more →


One of the major drivers of the latest federal tax reform effort is the corporate tax rate. The Trump Administration is still pushing for a 15 percent corporate tax rate, the White House's budget director, Mick Mulvaney, told CNBC last week. However, just the day before Treasury Secretary Steven Mnuchin conceded a 15 percent rate would be difficult to attain. Meanwhile, one Washington, D.C.-based tax policy group has looked at how much corporate taxes contribute per capita to state coffers. That analysis by The Tax Foundation earns this week's Shout Out Saturday honors. Not a major tax matter: "The corporate... Read more →


Colorfully coiffed "Girls Trip" friends Jada Pinkett Smith, Tiffany Haddish, Regina Hall and Queen Latifah partying in New Orleans. I've been a film fanatic from an early age. It started when I was a back-seat viewer on the family's regular summer night trips to the drive-in. Movies were a much needed break from real life in terrible times, like when Mom took my little brother and me to see "20,000 Leagues Under the Sea" to get us away from the news of JFK's assassination. And the annual airing of "The Wizard of Oz" was must-see TV in our house, especially... Read more →


Marvel's reluctant superhero Jessica Jones, portrayed by Kristyn Ritter on the eponymous Netflix series, is back this month in The Defenders. She's why I subscribe. But will I, and millions of others, keep watching if streaming services are taxed? It's the weekend, so that means binge watching. Especially with The Defenders — gotta get me some more Jessica Jones! — now out on Netflix. I'm not alone in subscribing to a streaming service or two. It's a relatively cheap entertainment option, especially when you consider that the 10 or so bucks a month are still less than one night's price... Read more →


Tax reform, or at least tax cuts, will top Congress' agenda when it gets back from August recess. But will Representatives and Senators actually rewrite the tax code the way most Americans want? Today's Shout Out Saturday piece says maybe not. Donald J. Trump reportedly is now backing a corporate tax rate of 20 percent to 25 percent, up from the 15 percent rate included in his April tax overhaul outline. That slightly higher business tax rate jibes with what corporate executives and business lobbyists say is attainable. That, however, is not what American taxpayers want, according to a recent... Read more →


Meg White via Giphy It's the first weekend of August and my life is bucking the "take the month off" trend. I've got work to do this Saturday. Plus, the hubby would like me to spend some time with him. But I don't want to short-change you, my loyal readers of the ol' blog, so I'm initiating a new feature I'm calling Shout Out Saturday or, depending on the weekend day I take off, Shout Out Sunday. Regardless of which weekend day it runs, the idea will be the same. Instead of me composing a new post, some weekends I'll... Read more →