The REPAYE subsidy hasn’t caused tax problems.Before the SAVE subsidy covered 100% of interest, the REPAYE subsidy covered 50%. REPAYE borrowers didn’t have to pay a tax on forgiven debt. Reduced interest charges are not the same as forgiven debt.Think of the SAVE subsidy like a zero...
A 30% effective tax rate may be several percentage points higher than reality. The six figure income married couple is at a 24% marginal federal tax rate as of 2018. If they were to only pay federal taxes, the effective tax rate is closer to ~22%. But they live in California, where ...
Given the power of inflation, to neither max out your 401(k) nor invest an additional 20%+ of your after-tax income if you don't have a pension is risky. When it comes to your money, it's always better to end up with too much than too little. How To Calculate The Value Of A ...
You’re right there’s no specific line item carbon tax, just like there’s no line item tax on the products that we haul to the stores. So if my company has to pay a specific carbon tax, then so should the consumer, which means our customers like Costco and Walmart would have to...
Our initial plan was to pay cash, and to have a “disposable” boat we could be done with after a year or two. Ideally something that would be easy to sell after we had finished the Loop, but which would not tie up too much of our assets if we needed to sell quickly for a steep...
Much like in the startup business, most hedge funds fail because they are unable to outperform the markets over a three year period to raise enough capital to make a worthwhile profit. The industry is seeing fee compression given returns have been so poor. That said, all it takes is one ...