Does it make sense to pay no taxes?

What happens if you pay no taxes?

Does it make sense to pay no taxes?

I watched Monday’s presidential debate along with 84 million other people and one thing really struck me as I was listening. It was when Hillary Clinton accused Donald Trump of paying no Federal taxes and then Donald said that not paying taxes was really smart. Is avoiding taxes smart? Now, I’m not accusing Donald Trump of doing anything illegal. I assume he has many highly paid lawyers and accountants who prepare his taxes for him. While he might be pursuing some aggressive techniques to legally avoid paying taxes, I assume he is not actually committing fraud. At any rate, that’s between him and the IRS. read more

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All You Ever Wanted To Know About Interest Rates (But Were Afraid To Ask)

All You Ever Wanted To Know About Interest Rates (But Were Afraid To Ask)

Interest Rates: The business news is full of stories about interest rates, how they affect the stock market and how the Federal Reserve Bank might be raising rates or waiting to raise rates. The market might plummet or shoot up on a day where there is an unexpected change in rates or the hint of a future change in rates. You might think you know what an interest rate is, after all you have a savings account, right? You pay interest on your mortgage or student loan, right? But interest rates are a lot more complicated than that and in this post I will try to demystify them and explain what interest rates really are and why they are important. read more

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