Saturday April 19, 2014
News
Family Business Bailouts
Joe and June started Children's Clothing Company 30 years ago. They are now both age 65 and are interested in retiring. Their daughter Susan is currently the company president and their son Michael is...MORE
Personal Sound Amplification Products Can Help Seniors Hear Better
What types of amplification products can you recommend to help people with hearing impairment? My 62-year-old husband has some hearing issues, but doesn’t think he needs a hearing aid, so...MORE
Tax Freedom Day on April 21
Each April the nonpartisan Tax Foundation publishes the Tax Freedom Day. For 2014, Tax Freedom Day will be April 21. This is three days later than the April 18 Tax Freedom Day of last year. Those three days are primarily the result of higher taxes for upper incomes under the American Taxpayer Relief Act.
Tax Freedom Day is determined by adding the $3 trillion dollars in federal taxes to $1.5 trillion in state taxes. The total $4.5 trillion in taxes represents 30.2% of the U.S. economy. Dividing this into the entire year results in the first 111 days being required to support...MORE
