Income based repayment
is touted as a solution
to rapidly rising college costs in the US. But there is a hefty tax bill
looming for people who take advantage of this program.
A society where the lucky few reap prodigious financial rewards is one where many will fall short of their dreams through no fault of their own. We must insure all people against disability, against sickness, against hunger, and against homelessness.
I realize that these things cost money. I believe that the costs of building and maintaining a great country should be shared by all of us, beginning with the people who benefit the most from our society. I believe that people like me (and people who are far wealthier) should pay more in taxes.
So-called "job creator" acknowledges that he lives in a society and owes a debt to it, as a response to (seemingly in agreement with) a satirical Job Creator Manifesto
published in the Washington Post. [more inside]
[E]ven if you are unemployed you still receive a base amount of [vacation money] from the government, the reasoning being that if you can’t go on vacation, you’ll get depressed and despondent and you’ll never get a job.
But does the cartoon image of [the Dutch system] — encapsulated in the dread slur "socialism," which is being lobbed in American political circles like a bomb — match reality? Is there, maybe, a significant upside that is worth exploring? [...] I think it’s worth pondering how the best bits might fit.
After a year and a half of living in the Netherlands, American writer Russell Shorto compares the Dutch "welfare state" to the tax, health care and social security systems of the United States
A very special 'This American Life
' about an administration with the endemic belief that laws only apply to the little people, and a limitless refusal to concede on even petty issues, no matter the costs. The highlight is about immigrant widows of US citizens (30:50). The program also discusses the constitutional beliefs of the presidential candidates. [more inside]
As virtual worlds economic activity
grow, the importance of Real Money Trade
comes to the fore. When does fraud inside game worlds
become illegal? when do earnings from online worlds become taxable?
], and what happens when real day traders
get interested? [more inside]
Is the U.S. Bankrupt?
[332Kb PDF] Laurence Kotlikoff, writing in this month's Federal Reserve Bank of St. Louis Review
, says "yes" - to the tune of $66 trillion! [more inside]
Bush says tax cuts stimulate the economy. Unfortunately, he's fallen more than 2.2 million jobs short of the projection made by his own economists.
How Bush's economic stimulus proposal
may affect you. An easy to understand explanation of what we might expect from Bush's tax cut proposal to be announced on Tuesday.
isn't this exactly opposite of what we're being told? I'm always hearing the wealthy are benefitting somehow from GWB's new tax plan. I'm certainly no-where near the top 5%, and now I don't want to be.
was created to help you decipher what the tax plans by both presidential candidates mean to you personally." Enter some information from your paycheck and find out how much you'd save using either Bush's or Gore's tax plans. via dandot.