Coolidge also ignored many bad omens about economy and lead the US into the Great Depression. He’s just Glenn "crybaby" Beck’s new man crush. And what was 1/3 of the National Debt when Jackson was President, 250 dollars?They weren’t fighting wars. They weren’t policing the world. They weren’t spending 40 billlion+ on drug wars They weren’t over spending on [...] [...more]
With proposed budget deficits of nearly a trillion dollars a year for the next ten years it is highly doubtful the current administration has any intention of addressing the fiscal mess this country is in. Add in the near $100 trillion in unfunded liabilities in the Social Security and Medicare Trusts and compound that with the [...] [...more]
Here’s the scoop. Your husband took money out of a retirement plan. He confused the withholding with a tax bill and didn’t list the income on his tax return. The IRS caught it about a year later and billed him. He didn’t pay it and then when you filed for 2008, the IRS [...] [...more]
What portion of your payroll tax deductions is for the National Debt? You pay Federal Withholding Tax, Medicare and Social Security Taxes, and State Withholding tax. Medicare, SS and STate withholding are OBVIOUSLY not going to the National Debt. Perhaps a small portion of your Fed Withholding is, but that also pays for [...] [...more]
You can file an injured spouse form and whatever income and deductions belongs to your wife will be taken into consideration and any refund belonging to her will be sent to her. I believe you have six months to file the form… So file it ASAPYes…UNLESS you file an Injured spouse form 8379. It [...] [...more]
Because we keep reelecting the same losers to represent us in DC. You get the government you deserve.. BTW, 42% of Americans don’t pay a single penny in Federal income taxes so those folks don’t care either way..Taxes are the cost of living in this advanced society. And the fact that the debate of [...] [...more]
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Cons claim that reducing taxes ALWAYS increases revenues, which is not true. It can be true if taxes are super-high and the rich feel they have no incentive to make money, or leave the country. If you then lower taxes, people at the higher brackets will then try to earn more money and therefore pay [...] [...more]
I agree with you too. We need to CUT spending to pay off the debt. No ObamaCare, no wasteful spending, none of it. But we simply can’t afford to lower taxes, since taxes is what pays off our debts. It’s the hard truth.The higher the taxes. the less we bring in because less people have jobs because [...] [...more]
You didn’t ask, but are you looking for the Weighted Average Cost of Capital or WACC? Then you would do this WACC = Wd(Rd)(1-t) + Ws(Rs) WACC = .60(8)(1-.34)+.40(15) or .60(8)(.66) + .40(15) or 3.168+ 6 or 9.168 So your WACC would be 9.168 More information related to debt counselling [...more]
