“Unlike the government economic advisor, these entrepreneurial castaways are not making, i.e. printing, money. Instead, they’re creating new wealth by producing things that others find valuable.”
A tax tsunami is coming at the end of this year. This will be your last opportunity to safeguard your assets in a lifeboat and avoid getting swamped with taxes.
Robinson’s entire arguement seems to be focused on the idea that the current max capital gains tax rate is 15% but the income tax is progressive and passes 15% at middle class incomes.
On volatile days like yesterday, I always recommend looking at longer term movements.
The Obama administration has been claiming that failure to raise the debt ceiling would be the end of the world. We are all tired of failed apocalyptic predictions. Perhaps all that will end is politics as usual.
To solve the deficit reduction riddle, Obama reportedly is embracing an idea that purports to raise tax revenue without a tax hike and claims to cut Social Security outlays without cutting benefits. Better check your wallet.
Understanding how Cost-of-Living Adjustment (COLA) works uncovers some of the complex cause and effect between Social Security adjustments and the real cost of living with higher gasoline prices.
One method to divide the U.S. stock market is by sector of the economy. Overemphasize those sectors left free to innovate and compete on the global market.
The authors of the Zogby study suggested their own explanation. “We think that, for many respondents, economic understanding takes a vacation when economic enlightenment conflicts with establishment political sensibilities.”
Going forward, tax management will be as significant as investment management in a comprehensive wealth management plan.
Politicians are giving us no incentive to take care of ourselves. They are ensuring that government will need to save us.
It is time to drive a Brink’s truck through the legal loophole of Roth conversions this year.
Only if you swear by the genius of Caesar, trust in his altruism and believe in his divinity is this bill a cause for celebration.
Government assistance has taken what might have been a simple recession and turned it into a more lingering malaise.
Many budgets are doomed to failure because of the challenge of planning for unplanned spending. Here are some of the items you either did not put in your budget or they shouldn’t be in your spending.
You are a good candidate for a Roth conversion in 2010 if you expect your tax bill to be higher in the future.
A country can’t prosper destroying perfectly good used cars.
The government is not intervening out of a sense of altruism.
A complex technique called “Roth segregation accounts” could earn your investments an extra 30% over the next two years.
A shortage of people are buying real estate and we’ve passed a one-per-customer tax incentive law.