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We think Congress is doing a better job

October 24, 2012

The Gallup organization has been catching some flak of late, primarily because of its polls that diverged so dramatically from those showing a neck-and-neck race between Barack Obama and Mitt Romney.

Some of the grumbling from Democrats might abate a bit after they look at the pollster's latest presidential numbers.

Gallup's tally today finds that among registered voters, Obama is leading his Republican challenger 48 percent to 47 percent. Obama gained a point since Tuesday while Romney lost one.

Among likely voters, Gallup's Oct. 24 poll finds Romney ahead of Obama by 50 percent to 47 percent. However, the data show that Obama's support went up a point and Romney's went down by the same
margin.

But wait. There's more.

Another Gallup poll might cause even more eyebrows to shoot up.

Gallup says Americans now have the most positive view of Congress that they've had in more than a year.

"Twenty-one percent of Americans approve of the job Congress is doing," reports Gallup on its website.


Gallup poll of Congressional approval 102412

That's substantially more than the 13 percent Congressional approval measured in September, according to Gallup, and the highest rating
in any month since May 2011.

The only explanation I can come up with for Gallup's results is that the House and Senate have been in recess since Sept. 21.

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TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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