Photo courtesy of http://www.dailymail.co.uk
Last night I saw someone post this article “Hillary Clinton Wants To Increase Taxes on Short-Term Investments”. Continue reading →
The Problem With Hillary Clinton’s Tax Proposal on Short-Term Investments
Category / Internal Revenue Service
Obamacare Prices to Spike…Again
Image courtesy of trunews.com
Reports the New York Times:
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Indiana Has Budget Surplus for 2015
Numbers are in and Indiana government had a budget surplus from their 2015 Continue reading →
Indiana Ranked 16th on Fiscal Solvency
Via USA Today –
The Mercatus Center, a public policy research group, ranked the 50 states based on how well each state government planned spending in fiscal 2013 — the most recent year for which data was available — as well as their future financial prospects. from annual budgeting to cash to pay bills, to funding for pensions and long-term plans.
Chicago: Hey, Lets Tax Netflix
Courtesy http://www.frugal-cafe.com
The financial stress of the City of Chicago financial obligations is growing. This week Continue reading →
States With Most Bankruptcy Filings in 2014
During the year of 2014, the United States had a total filing of 936,795 bankruptcies. The majority of those bankruptcies Continue reading →
Indiana Business Face Tax Increases
Story that is flying under the radar could mean higher taxes for Hoosier businesses and loss of jobs. The Journal Gazette is reporting federal unemployment taxes
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Statistics of a Lottery Winner
Shrien Alshabasy came out with new lottery winner stats. You can read the entire article here. Here are a few snippets:
44% of winners spend their entire winnings in five years!
2% say that they are less happy with all that cash.
95% of people remained married after they won the lottery and those with unmarried partners are 100% still in that relationship
Only 17% of families ask for winnings from winners of $100,000 to $500,000 while 29% ask for money from winners of $4+ million.
How the State of Indiana Budget is Spent
H/T BallotPedia.org
Average Obamacare Tax is $1130
Back in 2009 when President Obama repeated that the Obamacare mandate was not a tax.
Today, more Obamacare information keeps rolling out showing the fees or what the U.S. Supreme Court labeled a “tax”. Here is a brief excerpt from Forbes.com:
As millions of Americans scramble to file their tax returns, many are shocked by the full cost of ObamaCare’s individual mandate.
“Those who failed to obtain minimum essential health insurance coverage last year will have had to send the Internal Revenue Service (IRS) a check for $1,130, on average,” Doug Holtz-Eakin, former director of the Congressional Budget Office, testified today before a congressional hearing.
You can read the rest here.
Hoosier Econ 