President Obama and his team recently released a budget proposal for 2016 that includes spending measures that would last until 2026. The proposal involves spending $50.3 trillion over the next decade, even though the government says it only expects to collect $44.7 trillion in taxes during that 10-year period. If(…)
The northeast U.S. recently experienced a snowstorm for the ages, and two New Jersey teens saw an opportunity to make some money by shoveling snow for their neighbors. Someone called the cops on the two boys and said they were “acting suspiciously.” Officers arrived to investigate, and determined that the boys(…)
One of the many controversial parts of President Obama’s budget for 2016 is the increase of capital gains taxes. If President Obama gets his way, all Americans will have the sliding scale of 15%-23.8% raised to a flat 28% capital gains tax. This tax increase is not just proposed for(…)
The U.S. Department of Labor made headlines recently with its report that the current unemployment level in our nation is a mere 5.6%. Unfortunately, the official unemployment rate as calculated by that department counts people who work odd jobs like cutting grass and selling trinkets online as employed people. Additionally,(…)
