Regarding the low income levels for most retired people a sale of a primary home under $500,000 is still excluded. However, the annual taxes are approaching what people paid for their homes in the 1950s. Another issue people have been inquiring about regard LLC structures is not settled as to how the IRS will view these structures […]

The American Dream and the pushing of home ownership is one of the biggest scams the politicians can pull off. The above home sold for $14,000 in 1956. Today, the property taxes are $10,000 annually.If you sell it today for even $200,000, the IRS looks at the difference as profit – not inflation. Then they […]

President Obama is already posturing to raise taxes again. He is now calling for $1.6 trillion in tax increases. We are headed into a massive black hole and there is not much we are going to be able to do. These politicians are totally out in left field and we may actually see a government […]

Obama and the Democrats have to get through their thick skull that Karl Marx’s ideas are dead. The Collapse of Communism proved that and now it is their turn with socialism that really is the same thing – the people are incapable to spending their own money so government should do it for them. Government […]

    I have worked with politicians in Washington for 30 years. It has never been as bad as it is today. There is nobody worthwhile to even speak to anymore. I really see no difference between Republican and Democrat. People who think impeaching Obama would actually accomplish anything do not realize that there are […]

When we asked the computer to look at population, there was a remarkable correlation to taxation. The higher the taxes, the lower the birth rate. Indeed, this applied in both ancient and modern times. Even the Roman Emperor Augustus (27BC-14AD) who cherish family and was the first to picture even his daughter Julia on a […]

Once you realize money is NOT tangible and has now moved even beyond paper, the economic structure of the world economy is fundamentally different from what everyone assumes. You cannot see the changes in your aging process looking at yourself in a mirror everyday. Pull out a photo of the past and then you will […]

Corporate Tax Rates are lower in former Communist countries. We have not learned the Lesson that Marxism Does not Work. Country                                                                     […]

UK attacks family benefits in taxation is starting to really impact the economy. The full broad effect of this tax hike is contributing to the economic decline in Britain. Giving benefits and then taking them back only increases the cost of administering taxation. This fails to reduce the cost of government and only amounts to […]

Russia needs money to expand its military so it can play the game of conquest. The tax burden in Russia is rising and there is a danger that it too will send capital fleeing to Asia. There is talk about adding a sales tax ON TOP of a Value Added Tax. This is also insane. […]