Tax evaders avoid $ billions of taxes and move jobs overseas
1000s of US
corporations that profit from our purchases are not paying taxes on their
income like we have to. The Supremes decided corporations are people
and have “religious freedom.” Yet they don’t pay taxes on their income no
matter where they make it—We must pay no matter where we earn it. Since they
don’t pay taxes, we must make up the difference.
Is this fair?
Microsoft, for example, with $76.4 billion in foreign
earnings, said that if it had brought those earnings home in 2013, it would
have reduced the deficit by $24.4
billion. MS would have to pay 32% of income just like we do.
Aren’t you tired of paying the tax bill for MS, Google,
Apple, Citi, GE, 1000 others?
Is advisor advice right for you?
In a recent survey, 23 percent of respondents weren’t sure
why they do not work with a financial professional. Others said they prefer to
make their own decisions (24
percent), and they feel financial professionals are too expensive (23 percent). The 35 percent of respondents who do
work with financial professionals share some traits. For example, 68 percent
are more likely to have calculated their retirement income need; 53 percent are
confident or very confident about maintaining their lifestyle through
retirement; but only sixty-eight percent of these respondents plan to continue
to work with a financial professional through retirement. New tools online can replace advisors for Gen X.
Once you know what advisors do, you don’t need them: http://www.amazon.com/The-Tax-Shelter-Young-Americans/dp/1500426520
“5 year hiatus in my 401k cost me $250,000”
Tim writes that he stopped investing at work for about 5 years
when he was 33. He thought buying a new car was the right thing to do but it
cost him about a quarter million in his retirement fund. He was investing $250
a month in his low cost 500 index fund. He now has $570,000. He figures he must
keep working for 5 more years to get to his goal of $800,000. Compound interest
makes his nest egg double in about 7-9 years. He will move some of his funds to
a bond fund for his retirement income just as Warren Buffett does for his
family: http://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592
High tech saves lives and money
Initial results of an analysis of combined crash-avoidance
systems in the Honda Accord found they lowered insurance claims for vehicle
damage and injuries, according to the Highway Loss
Data Institute. Take ALL your discounts: http://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634
Is a longevity annuity right for you?
The Treasury now allows
longevity annuities in retirement plans. However, are they a good deal for you?
Proponents argue that we are living longer and these deferred annuities
insure lifetime income. Most start paying monthly income at age 85. Putting
part of your nest egg in a guaranteed income vehicle sounds great but your
money isn't liquid anymore. An emergency could require the money. The interest
rates at the time of purchase may be low and thus you lock in low income for
the rest of your life. Inflation reduces your purchasing power. Most annuity
buyers don’t understand the costs and limits of the product. There are better
alternatives that should be considered: http://www.amazon.com/The-Best-Annuity-Strategy-Income/dp/1497532019
GOP Crazies
Boehner's announcement that Republicans would sue President
Barack Obama over the administration's decision last year to delay the health
care law's employer mandate has left many feeling CRAZY. Crazed and confused!
That's because the GOP House lawmakers ALREADY voted to do the exact same thing -- defer until
2015 the Obamacare requirement aimed at making businesses provide health
coverage to their workers, or pay a penalty. Boehner suing Obama because he did
what House already made law. Obama is also carrying out the Bush
II law giving children crossing border a place to stay for court date and
lawyer and judges.
Photosynthesis on leaves makes food and oxygen in ‘photo’
The photo was achieved by using an X-ray laser to record
snapshots of molecules as they split in the reaction- a method know as X-ray
crystallography. In photosynthesis, oxygen is created at a metal site, which contains
a cluster made up of four manganese atoms and one calcium atom. This cluster is
the site that drives the light-driven process of water splitting. According to
the study, it takes four
light flashes to split one oxygen molecule from two water molecules. The
X-ray bounces off the materials projects a picture.
More wasted tax dollars
In 2013, federal agencies made $97 billion in
overpayments, according to agency estimates. Underpayments totaled $9
billion. The amount of improper payments has steadily dropped since 2010, when
it peaked at $121 billion. This $100 B does not include over $125 B to corporations as tax-FREE
loans or $100 B subsidies
to make oil, ethanol, sugar, peanuts, cotton, beef, on and on and also NOTHING
at all. Congress
people like Bachmann
receive money to NOT plant on farms they don’t live or work on. Bachmann is a Swiss citizen. The farm
bill cut food stamps to increase crop subsidies.
Now you will have no private life at all.
SCAMS Why are
we still
paying $700 Billion a year for WWII
deployments?
We are paying for 164,253 of our active-duty armed personnel
to be in 150 countries around the world. We have about 50,000 in Japan and 50,000 in Germany .
Are we preparing for WWII again? There are 1,208,083[1] armed
personnel in the United States .
Our taxes pay for about HALF of the WORLD’s military expenditures
every year. We have wasted $398.6 billion
so far on the F-35 program—they can’t
fly safely.
We just can’t afford to pay for everyone else’s defenses
anymore.
Japan, Germany and S.
Korea can pay for its own defense.
Supremes allow corporations to decide coverage—no more cancer treatments are next?
Supreme Court ruled that the owners of private companies may
refuse on religious grounds to offer employees insurance coverage for birth
control. Some religions claim that death
by natural means is God’s will. Scalia and Co face many NEW requests to
cancel health insurance now. Constitution does NOT guarantee equal treatment
for all according to Supreme majority. Congress
must decide to stop Supreme’s change to Constitution’s guarantee for equal
treatment for all.
Commerce caught overcharging
Thousands of Massachusetts
motorcycle owners will receive a total of $14.6 million in insurance refunds as
a result of a settlement with Commerce Insurance Company after allegedly being
overcharged on their policies, Attorney General Martha Coakley announced.
One of Every Seven U.S.
Cars Has Been Recalled but Not Repaired
Why? Many times customers found that dealers don’t have the
parts so can’t fix even it got appointment. Some customers don’t understand how
serious since recall can be for anything. Some customers bought the recalled
car used and never heard about recall. Even GM ignition switch recall for
safety poor fix rate.
IAN
41 Watchung Plaza, B242
973.746.2014
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