Fed up with paying tax? Blame it on the French!Byline: JAMES HOPEGOODHopegood, James
“I think that’s explained more by the growth dynamic in the U.S. than politics,” he said. “I think this really comes down to the fact that the Federal Reserve misforecasted — misread — the labor market.” The Fed cut rates expecting a sharp slowdown, ...
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For your example, $10000 is your wage expense, $1000 is your employer tax expense, $3000 fed and $1000 state are liabilities and net pay is $6000 not $5000. Nothing related to the mandatory W2 treatment is considered a distribution. Distributions cannot happen until AFTER W2 wages correspond...
Since then I use numerous online sites for information, usually more than one for verification of accuracy. The news is also far superior and doesn’t have supercilious presenters. The TV tax needs to end. If they are as popular as they claim, why plead for the compulsory tax to continue...
That's the hard thing with credit card debt right now is that since the Fed has raised interest rates over the past year and some change, these rates have gone up and they are just so expensive as you know well. So 25%, it makes that a very expensive kind of d...
Personal loans tend tohave lower interest ratesthan credit cards. The average interest rate on a 24-month personal loan is 9.46%, per Q1 2021 data from the Fed. In contrast, the average interest rate on revolving credit card balances was 15.91% for the same time period. With this in mind...
Consolidating credit card debt into a personal loan is one way to pay off debt faster and save money while doing so. That's because average personal loan rates are currently at record lows,Fed data shows— just 9.09% for the two-year loan term. ...
but also that decreases in the money supply were often the cause of an economic recession. By that standard, if M2 had been growing less than 1 or 2% over the last year, the Friedman perspective would lead me to have additional concerns that the Fed had gone to far in the recent tighte...
My accounting of income and expenses, completed for tax purposes the following April, showed that this English adventure had cost us a grand total of $1,500 in out-of-pocket expenses, about $3,800 in today’s dollars. Our stay in London had been a break-even proposition, perhaps even ...