Think about it: A tax refund is just that — a refund of your own hard-earned money. It’s not a gift or a stroke of good fortune. The problem is that most people don’t look at tax refunds this way.
Many of the costs faced by typical American households are rising faster than the official inflation statistics indicate.
Since the recession ended, the economy has never grown fast enough to make up for lost ground – and that’s helping to keep household income depressed for as much as half the population.
The American Bankers Association, the lobbying group that represents America’s banking industry, has recently launched an ad campaign across Washington D.C. aimed directly at the nation’s credit unions. The print version of the campaign is to the point, reading simply:
“Today credit unions are a $1 trillion industry that pays no
The Fed has no good choices. If easy money ends, the economy will slow even more. But continuing the policy risks inflation
Why is it that government officials seem inspired to reach the heights of creativity coming up with new taxes? Who knows. But their efforts could mean you’ll be paying new taxes on everything from bicycles to bowling, 2-by-4s to marijuana.
A host of factors outside of the government’s control will likely hold back the economy for at least another year.
Who knew tax preparation could get so controversial? As tax season kicks into gear, archrivals H&R Block and Intuit, maker of TurboTax software, are squabbling like reality show housewives.
History shows that there’s no right way to raise income taxes – but generally it’s smarter to eliminate preferences, deductions and loopholes rather than jacking up rates.
We’re once again in the thick of earnings season and not only are U.S. companies reporting solid profits, but many large, multinational firms are also disclosing big cash stockpiles, especially at their foreign subsidiaries
The average fuel economy of new vehicles rose 6% in 2012, and cars are expected to use less and less gas going forward. Isn’t that a good thing?