Well, glad that Fiscal Cliff thing is over. Seriously – we sweated a crisis that was created by politicians, that politicians are now happy they averted. Consider that! Dividend Cliff… Kind of Averted Since most of you readers are also avid investors (check out our stock picks for 2013, and our solid S&P 500 beating […]
Seriously, folks. This topic is serious enough for me to write two articles about it. Since the last time we covered the forthcoming dividend tax increases, a few things have happened: Barack Obama was reelected President The Senate and the House remained in the hands of the Democrats and the Republicans, respectively (meaning the status quo […]
The last time we talked about the mortgage interest deduction, I shared with you a chart on the percentage of returns in each income group taking the mortgage interest deduction. Today let’s take it a step father and look at the mortgage interest deduction geographically.
We recently covered a lot of the fallout from Standard and Poor’s recent downgrade of the debt of the United States. The United States has 50 states which also issue their own debt, and get their own credit rating from the credit ratings firms. Luckily (this time) the legwork has been done, and I’m able to just link you to the primary source, the Tax Foundation! So view on to see the credit ratings of the states.
A collection of links and carnival hosts for the week.
Can states default on their debt? The state of California has been in the news recently because of a $24.3 billion gap in funding. Is it possible that we may soon hear of a state actually going ‘bankrupt’? What are the economic and political ramifications if California takes such a step?