Comedian Jon Lovitz has publicly criticized Obama's perspective on income tax and raked his tax tax policies over the coals.  During a recent podcast, in a nutshell, Lovitz stated that the rich do pay their taxes and any idea that they don't is absolutely ridiculous.   He further went on to say that he is…

By Elizabeth MacDonald    /  Emac's Bottom Line  /  Published May 02, 2012  / FOXBusiness Read more: http://www.foxbusiness.com/investing/2012/05/02/emac/#ixzz1uCS0xzFk There is lots of talk about the "fiscal cliff" the U.S. faces at year end, as stimulus and tax cuts go away. So the last thing the government needs now is market distrust in its job numbers. But, as analysts dig into…

Foxnews.com TransCanada Corp is taking its second shot at asking Washington to approve the contentious Keystone XL oil pipeline, betting that a new route through Nebraska and post-U.S. election time frame for a decision will push the project forward. The reapplication to the U.S. State Department on Friday comes after Canada's largest pipeline company carved the…

OUCH!  Feeling the pain at the pump due to SOARING gas prices?  You are not alone; fuel prices are at record highs and are expected to go even higher this summer.  There are reports that some areas could see $5/gallon for gasoline! It is hard to imagine that on January 19, 2008 the price per gallon…