With the current atmosphere in Washington, it might be a good time to recognize that some federal, state and local taxes are partially or substantially voluntary, and/or deferrable depending on personal choices. For example, capital gains tax liabilities are currently triggered by the sale of an asset at a profit. Any liability can be entirely or … Continued
It is generally accepted that the U.S. economy is largely consumer driven. It is also probably true that most Americans spend virtually all of their income. Therefore, anything that reduces consumers’ disposable income may expose the U.S. economy to additional risks. With that in mind, investors could benefit by giving some consideration to the nature … Continued
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