Archive for March, 2012
purchasing power is higher than in the 1970's. You are talking in terms of qualitative measures. In quantitative measures, according to the Bureau of Labor Statistics car tax calculator. One dollar in the 1975 would be worth $4.20 today. Meanwhile the average salary has gone from 11,200 in 1975 to 49,445 in 2010. So adjusted for inflation, Read More
Right now Social Security social security tax ratees apply only to wages up to about $100,000 a year. If you are born rich and never work, you don't contribute anything to support the elderly. Social Security taxes don't apply to interest, capital gains or the salaries of executives raking in millions. Meanwhile, labor is being reduced Read More
What I think the president and everybody else has missed is this;
The additional trillions in borrowing were suposed to get the government and Obama past the 2012 tax estimator election. The inevitable downgrade of U.S debt will drive the cost of borrowing up!
Given the deterioration in the economy and the inability of Washington Read More
When I rented an apartment, I didn't pay property taxes but the owner used my money to pay property taxes. 4
___________________________
Susan, there when are taxes due 2012 many, many expenses to operating a rental. Lately, paying for the taxes is becoming more of a problem than paying for upkeep. This is a renter's market. It is Read More
John, I am with you. The estate tax, just like the income tax needs to be moderate. These figures are always debatable because there no one can ever agree what should be the right figure. Just like stock prices, we always move around an equilibrium, but never quite reach it.
Besides, with careful planning, estate and income taxes Read More
Articles such as this are the standard DIVIDE AND CONQUER technique. It keeps the minds of the affected people focused on those who are doing a little better than they are, rather than those at the top doing a lot better and who are behind the inequality.
So when someone who has been influenced by the corporate media echoes why a Read More
Unemployment is reported as a rolling 4 week number. ADP does not add unemployment figures to their numbers. They take the total that fall off of ADP payrolls and compare it to those added to get the 113,000.
In the last 4 weeks, a totally different reporting entity declared that 400,000 some odd Americans filed for unemployment.
To Read More