Category Archives: Tax

Crude Oil Inventory Levels Rise In Cushing –

Posted on 4. January 2013 by Jim Sutliff

According to the Energy Information Administration, inventories of crude oil fell 11. 1 million barrels.  The decline was partly due to year end tax concerns in the refining industry.  However, crude oil inventories rose significantly in Cushing Oklahoma which is major storage … Continue reading →

Posted in Economic News, Gasoline, General, Investments, Oil, Options & Futures, Regulatory, Tax, Trading | Leave a comment

Republicans Target Capital Gains Tax –

Posted on 1. September 2011 by Jim Sutliff

A few Republican Presidential candidates are supporting the elimination of long term capital gains.  The reduction in the capital gains rate could spark investments and increase job growth.  Currently, there are five Republican Presidential candidates that support the capital gains … Continue reading →

Posted in Banking, Democrat, Economic News, General, Investments, Political News, Republican, Stocks, Tax | Leave a comment

U.S. Debt Downgraded –

Posted on 6. August 2011 by Jim Sutliff

Standard and Poor’s lowered the U.S. credit rating to AA+ and also attached a negative outlook.  The U.S. has held a triple A credit rating for 70 years and the downgrade is likely to have a negative effect on the financial markets.  … Continue reading →

Posted in Banking, Bonds, Currency, Economic News, Federal Reserve, General, Interest Rates, Regulatory, Stocks, Tax, Trading, Treasury | Leave a comment

Dollar Hits Record Lows –

Posted on 26. July 2011 by Jim Sutliff

 The U.S. Dollar continued to decline against all major currencies and hit record lows in trading.  The uncertainty surrounding debt negotiations between Republicans and Democrats are leading traders to sell the Dollar.  In afternoon trading the U.S. Dollar/ Euro exchange … Continue reading →

Posted in Banking, Bonds, Currency, Democrat, Earnings, Economic News, General, Interest Rates, Investments, Political News, Republican, Stocks, Tax, Trading | Leave a comment

Still No Debt Deal –

Posted on 24. July 2011 by Jim Sutliff

The weekend is coming to a close and there is no agreement on raising the debt ceiling.  Republican and Democratic negotiators have discussed short and long term debt ceiling increases.  Republicans prefer a short term increase that would require Obama to request more funding … Continue reading →

Posted in Banking, Bonds, Democrat, Economic News, General, Investments, Political News, Regulatory, Republican, Stocks, Tax, Trading, Treasury | Leave a comment

Debt Plan Sends Dow Higher –

Posted on 19. July 2011 by Jim Sutliff

A possible agreement to raise the debt ceiling sent the Dow higher in aftenoon trading.  The Dow Jones gained over 200 points after Obama gave his approval for a debt agreement between  Republican and Democratic Senators.  The news also sent Gold prices … Continue reading →

Posted in Banking, Bonds, Democrat, Economic News, General, Investments, Political News, Republican, Stocks, Tax, Trading | Leave a comment

Municipal Bond Tax Exempt Proposals –

Posted on 6. June 2011 by Jim Sutliff

Municipal bonds are facing proposals that would eliminate their tax exempt status.  Republican Paul Ryan submitted a budget proposal that was aimed at lowering the deficit but also would end municpal bond tax exemption.  It is not likely that municipal bonds will lose … Continue reading →

Posted in Banking, Bonds, Democrat, Economic News, General, Infrastructure, Interest Rates, Investments, Political News, Republican, Tax, Trading | Leave a comment

Congress Passes Tax Cuts –

Posted on 17. December 2010 by Jim Sutliff

Congress passed the bill to extend the Bush era tax cuts for another two years.  The bill also includes estate tax provisions that increase exemptions and address gift tax and generation skipping tax issues.  Today, the House voted 277-148 in support of the bill … Continue reading →

Posted in Democrat, Economic News, General, Political News, Republican, Tax | Leave a comment

Republican Stock Market?

Posted on 4. November 2010 by Jim Sutliff

The sweeping victories by the Republicans may serve to keep the bulls running in the market.  The House is now solidly controlled by the Republicans and Democratic control of the Senate has been watered down a great deal.  Democrats in … Continue reading →

Posted in Banking, Bonds, Currency, Democrat, Economic News, General, Hedge Funds, Investments, Political News, Private Equity, Regulatory, Republican, Stocks, Tax, Venture Capital | Leave a comment

Estate Tax Prepayment –

Posted on 27. October 2010 by Jim Sutliff

Senator Maria Cantwell has proposed a plan that would allow taxpayers to prepay estate taxes.  The Democratic Senator is expected to have some level of support for the plan from Republicans and fellow Democrats.  The prepayment proposal would create an … Continue reading →

Posted in Banking, Economic News, Education, General, Political News, Regulatory, Tax | Leave a comment

VC Funding Falls –

Posted on 15. October 2010 by Jim Sutliff

Venture Capital funding fell 7.3%  in third quarter from a year earlier.  According to a report from the National Venture Capital Association and PriceWaterhouseCoopers, firms invested $4.82 billion in the quarter.  Clean technology saw the steepest decline falling 32% from … Continue reading →

Posted in Alternative Energy, Banking, General, Investments, Private Equity, Regulatory, Tax, Venture Capital | Leave a comment

Benchmark Currency Chart –

Posted on 12. October 2009 by Jim Sutliff

The Swiss Franc is closing in on the U.S. Dollar. To view the benchmark currency rates please click the attached link. http://www.bloomberg.com/markets/currencies/fxc.html Jim Sutliff

Posted in Banking, Currency, Economic News, General, Investments, Tax | Leave a comment