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Here's a better idea. If you are borrowing to pay 10,000/year for private school, consider moving to a better neighborhood and going to public school instead.
For the extra 800/month ($10,000/12 months), you can afford a house that's 100,000 more than the one you're in.
There are a few Democrats (I'm not being political, just stating facts) out there that have openly expressed a desire to confiscate 401ks and make basically a 2nd Social Security system where we are guaranteed like 2 or 3% return.
You're incorrect. No one has remotely proposed what you said. What has been proposed i...more
I'm surprised that he suggested mandatory 401(k) rather than mandatory IRA contributions (combined with increased limits). IRA's have far more options and lower fees and they're more portable if you change employers.
Think of it this way: SS would then be a "defined benefit" portion of retirement, and the manda...more
Cramer said "You don't go shopping at ETH unless you think your home is worth spending money on."
You also don't go shopping at ETH (Or Pier 1, etc.) unless you are NOT going to buy or sell your house. I'd come to the opposite conclusion as Cramer from the same data. Namely, increased spending at furniture stores r...more
Obama is a joke this is what you get when you elect a president that has never had a real job.
Are you really serious with that comment? Obama had no part in any of the current law which makes this possible. The corporate tax rate in the US has been 35% since 88-93 when it was 34%.
Must be Obama's fault, though...more
Cash for clunkers, stimulated car sales for the months it was in effect, depressed them since.
Actually, that's not quite true.
Here are the WSJ numbers on car sales.
You can see that immediately after Clunkers (the big spike) was over, there was a drop, ...more
As for the tax cuts expiring, this is not the time to put more pressure on the fragile economy. Leave them in place til we are at a position that we can AFFORD to let them expire.
That is a very rational argument. I personally think raising the top tax brackets a notch or two up won't have much of an effect on the e...more
I did not like the Stimulas that did nothing for what it cost. Most jobs were temporary
A stimulus by definition is temporary. A bunch not to like in it, but here's something that shows the idea: The $1500 tax credit for energy improvements in your home.
1) reduces your income tax, right off the top by up to $...more
I'm not trying to play word games. The law was written as it was for a reason. Taxes will go up because when the law was written and signed, everyone realized the effect it would have on the debt if they didn't expire. Now it's time to pay the piper; the bill for the 2000's has come due. I don't particu...more
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