Watch this video on YouTube The recent discussion of the “Buffett Rule” proposal to increase taxes on the wealthy has focused attention on U. S. tax rates. It’s giving Americans a chance to better understand our tax policy and the economics of the...
If you’re one of the early birds who already have their tax returns filed, chances are you’re expecting a refund. Routinely receiving a large refund isn’t a great idea, since you’re just getting back the interest-free loan you made to the...
Watch this video on YouTube Jannie Wu wanted a better life. I met Jannie on a recent trip to China. After earning an undergraduate degree in English, she took a teaching job paying 1000 Renminbi, or RMB, ($150) per month. In China, obtaining a student loan is not an...
If I had high blood pressure, I would have to give up listening to Sunday morning news shows. I’ve never figured out how politicians can so convincingly weave false information and partial truths into spin that they deliver with a straight face. One of the more...
Watch this video on YouTube The U.S. Government may be taking its war on the rich to the next level. The IRS is now contemplating making wealthy Americans prove how they earned their wealth. “Our government has gone from the ridiculous to the sublime in its mad...