As the New Year comes many people begin to make money resolutions. Save more money here. Spend less money there. Yet many end up going back into their spending ways a few weeks into the year. Like any diet, you need to put something in place that is overall a new lifestyle. Temporary measures rarely […]
Is it possible to pay zero in Federal Income taxes on a $150,000 income? The answer might surprise you.
The tax system in the United States might as well seem like a foreign language to most individuals. Vague statues. Obscure language. When you examine the tax system carefully it heavily favors those with higher incomes and those who invest. The investing part is not necessarily bad since Americans need to save more given the […]
Personal income for American worker – Median personal income for those working in America is much less than you would think
I’m struck by how many Americans think that wages in the United States are off the charts. The typical American worker is pulling in about $26,507. At least this is the median personal income in the United States. This works out to be about $500 per week which doesn’t equate too much especially given the incredibly high […]