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Just Like a Tax

From the CPI Report, price increases over the last year: Gasoline: +49.6% Used Cars: +37.3% Gas Utilities: +24.1% Meats/Fish/Eggs: +12.5% New Cars: +11.8% Overall CPI: +7% Food at home: +6.5% Electricity: +6.3% Food away from home: +6.0% Apparel: +5.8% Transportation:...
Have an Exit Plan

Have an Exit Plan

The new taxes lawmakers are proposing to fund a universal health care system will likely drive even more Californians out of the state.  According to the right-leaning Tax Foundation, it would increase the average household’s taxes by an astonishing $12,250. The...
A Massive Tax Cut, For the Rich

A Massive Tax Cut, For the Rich

The lede:  House Democrats just passed President Biden’s multi-trillion-dollar “Build Back Better” spending agenda. They’re pitching it as a historic investment in the middle and working class. So why is its second-largest provision a tax cut...
The Tax Pie

The Tax Pie

From our friends at Sterling Manor Financial:  More than 60% of 2017 federal spending was used for Social Security, Medicare, defense, and related programs. More:  Taxes are one of the biggest budget items for most taxpayers, yet many have no idea what they’re getting...

Biden’s Framework, The Tax Bomb…

Some items to note that were not included in the legislative framework: A Billionaire tax, affecting a small, but wealthy segment of taxpayers Lowering estate tax exemption Changes to capital gains rates  Changes to “Carried Interest” Changes to IRA accounts Changes...