Category: Budget

Submarines Are Durable Goods

  Orders for Durable Goods a measure the government tracks on the economy rose in April. Which is generally good news, the demand for goods of a certain type, like refrigerators is growing. However in April the government also ordered…

Share

US Corporate Tax Rates Are High

Just a little reality check in this election season.  Want to bring jobs back to the U.S?  Talk to the graph. Corporate income tax reform is receiving serious consideration in Washington. The Obama administration has suggested reducing the federal corporate…

Share

The Middle Class’s Lost Decade

Since 2000, the middle class has shrunk in size, fallen backward in income and wealth, and shed some of it’s own.  As reported by the  Pew Research Center “Fewer, Poorer, Gloomier” study and from that study a couple of charts.…

Share

The Obama, Romney and Ryan Tax Plans

Don’t let anyone tell you there is no difference between the parties. From CNBC.com Differences in Tax Plans . Obama Romney Ryan Personal income taxes: Obama would keep tax rates the same for families making less than $250,000 annually. For…

Share

What If Returns Do Not Go Up?

A lot of retirement planning are based on a 7% rate of return.   Especially pension plans that are not subject to change.  With the Federal Government keeping interest rates artificially low these pension plans are having a hard time delivering. Additionally…

Share