One of the issues looming over the congressional schedule, budget and the presidential election is the expiration of the Bush tax cuts. These taxes are set to increase on 1 January by an average of $1,600 for 114 million middle class families, according to a Council of Economic Advisors (CEA) report released by the White House, as tax cuts -- including the expanded Child Tax Credit, the 10 percent tax bracket, marriage penalty relief and the American Opportunity Tax Credit -- will expire. CEA estimates that taxes would increase by $2,200 for a "typical middle class family of four."The report notes that President Obama and the congressional Democrats have proposed extending all the income tax cuts that benefit families with incomes less th...
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From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.