Lately, the phrase, “Spending our way out of recession” has been repeated over and over. I honestly never understood it, and it does not seem to be having concrete benefits. Continue reading
Archives
A Rant About the G8 Summit
Normally, I would consider myself an optimist. So it’s hard to imagine my lack of trust in our government in terms of fiscal responsibility. Yep, you guessed it. It’s a rant for this post. Continue reading
What Are the Chances of a Double Dip Recession?
Amidst all the economic disparity people have witnessed lately, Americans fear that the turmoil will not improve, but instead get worse again. In what would be dubbed a “double dip” economy (like the alliteration?), the conditions would worsen again. Continue reading
What Are Double Dip Recessions?
And now for something completely different. Nah, not really. Time for some financial stuff. This time – what causes double dip recessions and what is the likelihood that we’re headed for one? In this first blog of a new series, I will examine the characteristics of double dip recessions, and discuss them from an historical perspective to show how rare they really are. Continue reading
Government’s Housing Subsidy Program’s Ramifications
In a surprising twist of events, people who cannot afford expensive houses still do not have the money to pay them off. Continue reading
The Case for Fair Tax
Last time, I lined out essentially what the Fair Tax system is: replacing the federal income tax with an across-the-board increase in sales tax. It would get up to twenty three percent, to be exact. Now I will explain why I believe the Fair Tax system might be the best alternative to the currently-used progressive tax system. Continue reading
Fair Tax: At the Basest Level
In my last few blogs, I’ve been looking at the history and forms of the American taxation system. I also compared the mainstream tax systems in the world – Flat Tax and Progressive Tax. In this blog, I plan on exploring one of the most discussed taxation systems right now – the Fair Tax system. Continue reading
Consumer Finance Companies Explained!
If your credit is less than amazing, but that new car is just so shiny, what do you do? Well, if you really have to own it, what options do you have? You can always appeal to the almighty consumer finance companies in the United States. In a good ten to twenty years, you too can be the proud owner of that shiny new car. Continue reading
Flat Tax Systems Explained
In my last blog I (very) briefly discussed the pros and cons of the Progressive taxation system. In this blog, as part of my several-part series, I will explain the pros and cons of the flat tax system. Continue reading
Progressive Tax System: Pros and Cons
The American tax system is widely debated on a philosophical level. Ever since Congress passed the Sixteenth Amendment, which granted the federal government to retain taxes instead of dispersing them to the states according to their populations, America has used a Progressive Tax System to varying extents. Continue reading
powered by PFN Design Studios