Under federal tax law, you might make zero b/c proceeds from an illegal venture under federal law are taxed at......100%

It's not only about the cost of wages but also the tax rates.  Even if the wages are the same, where do you think a company is going to want to do business and make profits?  In Ireland with a 12% corporate tax rate or the USA with a 25-30% tax rate?

This is the problem with the requirement that the IRS (congressional mandate) and the states have when they are required to immediately issue refunds on debit cards.  The refunds are issued before the returns can be examined.  By then, the money is gone.  I have a client who got a letter from NJ's Dept. of Tax that cre...more

In competative golf, you give your scorecard to a playing partner and take back his or hers.  After each hole your tell your opponent your score which he or she writes on your official card and your write his/her score on the official card that you keep.  Most cards also have a removable place at the bottom for you to ...more

My parents had terrible times with any Ford (& Chryslers) they bought from the 1970s through the 1980s (the have only bought Toyotas since about 1982).  My belief was that Ford's have terrible designs and worse quality.  Recently I had a rented Ford Focus 2012 model while I had a head light being replaced.  The experie...more

OldDogMH:  I'm a conservative/indepen ​ dant but I' also a realist when it comes to financial numbers.    Should the retirement age be 85?  I don't know.  The 65 retirement age (actually credited to Bismark in Germany - the 1st country to have a social security program) was set because the life expectancy of some ...more

ftb410: It quacks like a duck it is normally a duck.  However, congress has said that this duck is not a ponzi scheme.

El Oso.  The boomers also bear responsibility.  Once they all hit 18 and could vote (1983) they were the largest voting age voting block in the nation.  They could have changed today's results.  But they didn't.  They aren't totally at fault but they did ignore the issue until it became a bear right in front of their f...more

FredFarkwater.  The can has been kicked down the road for over 20 years.  In 1984 (my sr. year in high school) there was a Time Magazine Cover about how the SS funding was unsustainable because of the number of boomers v. the number of there kids.  That there was no way a small number could pay enough for the larger gr...more