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hello and welcome to inside politics. i m john king in washington. thank you for sharing your very busy news day with us. call it a biden racy can you. the federal government swoops in to pay back depositors after a bank goes under. he promises 2023 will not look like 2008. the bottom line is this. americans can rest assured our banking system is safe, our deposits are safe. plus mike pence says president trump was reckless on january 6th. a big question now, whether pence repeats it when he s with gop voters in iowa, new hampshire and beyond. and president biden green lights a giant oil project in alaska. progressives are mad again. the drilling project suggests an early move to the middle with an eye on 2024. up first for us, though, a pair of bank failures and a white house emergency plan the president says will protect the economy but not at your expense. president biden speaking this morning before u.s. financial markets opened for trading and before most b ....
which means that many taxpayers right now are rushing to make sure they take advantage of any deductions they have today but will lose next week. to take us through how it all will work, we welcome now laura davison. welcome back to the program. on the individual side, there are reports, and i must say, i m in new york resident and i m looking at it how you can pay some of your taxes next year because you lose the deduction next year. laura: what the new law does is that it limits the state local taxes that you can do. to $10,000. if you live in an expensive state like new york where you have a property tax bill and your state income tax bill could exceed $20,000 or $30,000, if you prepay those now in states that are allowing you to do that, you can get that full deduction and tax break. that s why you saw governor cuomo say you can prepay that. take a bigger deduction. this is really democrats that are leading some of these states and kind of sticking it to congression ....
The future of live music in Australia has been left looking uncertain after a string of festivals were axed this year amid low ticket sales and the cost-of-living crisis. ....
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