1. When a government levies taxes and uses the tax revenue to make transfer payments, it shifts resources from the production of private goods to the production of public goods. 2. If the marginal tax rate is higher than the average tax rate, the average tax rate will fall as income rises. 3. A plant [...]
The recession has caused many consumers to cut back on monthly spending.Carrying a monthly balance seems more like a luxury than a necessity
I work in Debt Settlement for an extremely ethical, 100% above-board company who work to assist our customers with legally, legitimately getting out of (unsecured) debt so they can move on with their lives. Yes, legislation is needed to regulate the industry to ensure that all Debt Settlement companies have clearly defined requirements that protect [...]
Even though I pay almost 600.00 a month in the state of Georgia for automobile insurance ( full coverage), I found out if I was in an accident and even though it was not my fault ,a insurance company can charge me with 25% of the accident even though the other driver was ticked for [...]
Consumers are in debt to creditors and companies because of overspending and bad money management. Companies can’t wait for consumers to pay them the money they owe, so they’re asking the government to help cover the debt that consumers owe them. Every company on Main Street USA that provides jobs and contributes to society should [...]
What do you think would happen if these scenarios became reality? 1. IRS suspends income taxes for individuals and corporations from January 1st to February 28th? This would place money into the hands of individual consumers and savers, and corporations would have more cash on hand to re-invest in the company. Do you think this [...]
My husband and I have a loans stated income and a 12 month interest only because of the construction period, while our credit adjusted under the terms of the note. Our lender said we were going to change these conditions at lower rates once construction is complete, our construction is completed and we are ready [...]
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