Let me repeat that. For most of you, I am not your financial professional. I suggest you contact your professional to discuss what I am proposing here.
Tag Archives: income
Real Tax Reform- that grows America and it’s businesses!
It’s a truism that reforming the corporate tax rates should encourage businesses to invest in ways to improve their bottom line. That normally means finding a way to enhance productivity. But, that also means the lower rates are part of a program to remove special interests.
Continue reading Real Tax Reform- that grows America and it’s businesses!
Keep On Trucking- 3
Sorry, that I had to skip a day to complete this discussion on trucking businesses- and the future.
We’ve talked about why you have to consider autonomous trucking- where you aren’t needed as the driver as part of your considerations. And, you have to develop a business plan (not the 30 to 100 page tomes you see for larger firms), but about 5 pages that lets you have a road map- and signposts to ensure you are on your way to a profitable venture. (As discussed below, you also need this business plan to obtain your own carrier registration, to operate your own trucking entity.)
Things are better- but it’s where you live that matters
We talked about the desecration of the American Dream yesterday. As I said, before Reagan assumed the presidency, the 1%ers garnered 7% of after tax income in the US. 28 years later, that share had multiplied by 2.5X- so that the 1%ers collected 17% of the total income.
Continue reading Things are better- but it’s where you live that matters
Brother, can you spare a dime?
I have been holding off on this series for a while. Because I was hoping there would be some good news to include as a “happy ending”.
Economic Distress
I remember when candidate Ronald Reagan would prance about asking “Are you better off today than you were four years ago?” It was his effective mantra to become the US President.
Pinocchio CEO’s
A few weeks ago, I spoke how interim CEOs often cook the books– so they can be permanently appointed. That happens to be a marginally (or fully) criminal endeavor. But, many, many other CEOs obfuscate results so that their stock price stays high- and that often sets their (ridiculously high) compensation levels.
One less nickel and dime tax
When we moved to Virginia from Ann Arbor and Cambridge, we were more than a little surprised. (I am not talking about the culture shock nor the concept that “there’s a chance of snow tomorrow and schools will be closed” either.)
Tax everything that moves?
Well, it was bound to happen. We already know that cities and states have been imposing ridiculously high taxes on hotel rooms and restaurant meals. Why? Because hotels are generally booked (and paid) by tourists from out of state (or country). What a great way to sock it to visitors. To keep the residential taxes low.
American Dream, Redux…
So, it’s true. Even the Republicans know it. (But, to a large degree, they wish it weren’t true… because it removes one of their political daggers.) The American economy is recovering nicely- not where we want it, but better than it’s been in nearly a decade.