Charles Schumer

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  What Will the Possible Fiscal Cliff Plans Cost Your Clients?

  By Gil Weinreich, AdvisorOne  |  November 29, 2012

  Your bread-and-butter client, an upper middle-class family with two children, earning $147,000 a year, would see their tax bill rise by $7,323 if we go over the fiscal cliff. They would fare better under the plans of the two political parties.

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  Sen. Schumer: ‘Scrap’ Simpson-Bowles in Fiscal Cliff Talks, Raise Top Tax Rates

  By Melanie Waddell, AdvisorOne  |  October 9, 2012

  Schumer says “old style” tax reform is now obsolete because there are two new conditions that exist today that didn’t exist when the Tax Reform Act of 1986 was passed: “a much larger, more dangerous deficit, and a dramatic increase in income inequality.”

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  Senators Introduce Ex-Patriot Act to Tax Those Who Move Abroad

  By Melanie Waddell, AdvisorOne  |  May 17, 2012

  Two senators push Act, which was prompted by Facebook investor's renunciation of U.S. citizenship, possibly to dodge $67 million in taxes before IPO.

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  Senate Republicans Block Buffett Rule; Democrats Vow Continued Fight

  By Melanie Waddell, AdvisorOne  |  April 16, 2012

  The Senate voted against the Paying a Fair Share Act of 2012, also known as the “Buffett Rule,” which would have set a minimum 30% tax on millionaires and billionaires.

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  Senate Democrats Pitch Tax Credit for Small-Business Hiring

  By Melanie Waddell, AdvisorOne  |  March 26, 2012

  The three top Democrats in the Senate introduced legislation Monday that provided a 10% tax credit for employers who increased their payrolls this year as well as extended a tax break that lets businesses write off 100% of capital investments.

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  Blistering Criticism of JOBS Bill May Push Senate Changes

  By Marlene Y. Satter, AdvisorOne  |  March 15, 2012

  A House bill intended to benefit business startups and stimulate job creation has been so sharply criticized on its way to the Senate that opponents may prevail in strengthening consumer protections they say were trashed.

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  JOBS Bill Under Fire by SEC, NASAA, Consumer Advocates

  By Marlene Y. Satter, AdvisorOne  |  March 13, 2012

  A bill that started out as seven separate pieces of legislation intended to benefit business startups and stimulate job creation is coming in for criticism as it heads to the Senate, as opponents say that it does away with consumer protection.

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  The Warren Effect

  By Kenneth Silber, Research  |  February 1, 2012

  Elizabeth Warren presents a conundrum for Wall Street. She is a forceful, well-prepared critic of the financial industry.

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  Enron Bankruptcy 10 Years Later: Before Bailouts Were Big

  By Gil Weinreich, AdvisorOne  |  December 2, 2011

  Though just a decade ago, the Enron era in some ways seems to belong to another era—a time when failing companies met with bankruptcy rather than bailouts.

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  Democrats Propose to Extend, Expand Payroll Tax Cut; Republicans Scoff

  By Joyce Hanson, AdvisorOne  |  November 28, 2011

  Senate Democrats on Monday urged Congress to extend the tax cuts now in place for employers and employees, but Republicans countered that the tax holiday should end because it isn’t stimulating the economy.