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President Biden s Tax-and-Spend Plans Ignore the Lessons of History

  In his Joint Address, President Biden proposed trillions in new spending funded by forcing the wealthy to “pay their fair share.” As Dan O’Donnell notes, this ignores a century of evidence that this won’t work.   Perspective by Dan O’Donnell The years and decades pass, the names and faces change, but the Democrat message remains the same. “The average working man and woman pay for the loopholes and the special provisions in our tax laws because when some do not pay their fair share, the majority must pay higher taxes to make up the difference,” said President Jimmy Carter in 1978.

Prudential Bancorp, Inc Announces Second Quarter Fiscal 2021 Results

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Prudential Bancorp, Inc. Announces Second Quarter Fiscal 2021 Results Prudential Bancorp, Inc.April 23, 2021 GMT PHILADELPHIA, April 23, 2021 (GLOBE NEWSWIRE) Prudential Bancorp, Inc. (the “Company”) (Nasdaq:PBIP), the holding company for Prudential Bank (the “Bank”), reported net income of $1.7 million, or $0.22 per basic share and $0.21 per diluted share, for the quarter ended March 31, 2021 as compared to $2.9 million, or $0.33 per basic share and $0.32 per diluted share, for the same quarter in fiscal 2020. For the six months ended March 31, 2021, the Company reported net income of $3.6 million, or $0.44 per basic share and $0.44 per diluted share as compared to $5.4 million, or $0.61 per basic and $0.60 per diluted share, for the same period in fiscal 2020.   The 2020 periods included significant gains on sales of investment securities available for sale.

BUSINESS BEAT: Local Community Foundations hosting tax seminar in May

By Jim Measel Apr 22, 2021 8:05 AM COLDWATER, MI (WTVB) – The Branch County Community Foundation has partnered with the Sturgis Area Community Foundation and the Three Rivers Area Community Foundation to sponsor a free Tax Seminar for local professional advisors presented by David Bennett from the Community Foundation Research and Training Institute. The seminar will include information on the Tax Reform Act of 2017, Potential Biden Administration tax changes and charitable giving, qualified charitable distributions and gifts from retirement assets, and legislative updates on the SECURE Act and CARES Act. The virtual event will take place on Wednesday, May 26, 2021 from 12:00 noon until 1:00 p.m..

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