When you start withdrawing from your 401k, it's taxed as regular income. That might not seem too rough now, but if tax rates climb you’re going tofeel it. You could end up giving a hefty slice of your retirement savings back to the government. When you look at other investments that...
Free Essay: GST for my state is not important at all because its percentage is zero. Compared to the average of all states, it’s unimportant. This can also...
and none of it in English.) I thought a lot about the irrevocability of time, how the present moment sometimes stops spinning in wheels and opens up like a sinkhole beneath us, to swallow everything solid and leave us with only memories. Somewhere...
The 10-year Treasury yield serves as a benchmark for a wide range of interest rates including those formortgages, corporate bonds, and other loans. When the yield on the 10-year Treasury rises, borrowing costs across the economy typically increase as well. This affects everything from consumer...
Alibaba has worked with China’s government to create “bonded” warehouses in four cities. Goods shipped through these points aren’t subject to standard import duties. Some aren’t taxed at all; others are taxed at discounted rates of 10%, and only after shoppers purchase them. This ...
For those who do not understand bar stool economics, no explanation is possible! Further Reading If you enjoyed this article on bar stool economics, here are more suggestions for further reading. Do Higher Taxes Lead To Socialism In America?
everybody screaming and objecting and farmers lying down in the road, or whatever’s going on, they canceled the whole thing. In China they would have just done it. Lee Kuan Yew would have done it in (Singapore). India is grossly defective because they’ve taken the worst aspects of ...
The home, the meals, the kids, the work, the everything. It is too much and we are breaking. Under all this multi-tasking superhuman proficiency, we are being chipped away. We are weathered. When and how will we crack. You don’t understand unless you understand. I’m not in a ...
Time preference is therefore the general intertemporal value placed on goods and services by consumers. It is not under the control of the producer, or for that matter a central bank. It is the consumer, the end-buyer of everything, that confirms the level of discount on future values, bec...
At the end of the day getting a smaller refund with a higher income is not actually a bad thing in most cases. It basically means you didn’t give aninterest free loan to the IRS(which is what a refund represents). In reality you don’t want a large refund as you should get the ...