Showing posts from June, 2009

The CARD Act - New Rules for Credit Cards

The CARD Act - New Rules for Credit Cards

The CARD Act, the Credit Card Accountability, Responsibility and Disclosure Act,signed into law on May 22, 2009, supposedly will provide increased consumers protection.Most of the changes go into effect after February 22, 2010. Already, many credit card issuers have increased rates, fees and have taken an immediate defensive posture. Probably, when CARD takes effect, the Banks will have worked around the so-called protections. Hopefully, not too many people will be shut out of credit cards.

Ronald J. Cappuccio, J.D., LL.M. (Tax)

The "Payer" in "Single Payer" Health Care!

The "Payer" in "Single Payer" Health Care is you!
Congress hates telling the truth. Rather than calling government controlled and no choice healthcare the true term, "socialized Medicine," they call it "single payer." Remember, the payer is YOU, the taxpayer!
Cong. Rob Andrews (D--NJ), who by the way is not a bad guy and is really hard-working for his constituents, is holding Congressional hearings as Chairman of the Healthcare Committee on the "single Payer" system. Watch out!

Pres. Obama - Tax Health Benefits

President want to Tax Health Benefits

Reneging on his campaign promise, Pres. Obama announced he wants to tax employer provided health insurance benefits. This means the value of health benefits will be reduced for employees because they will have to pay tax on income they do not actually receive. ...More