Regardless of our dreams, we still must contend with the uncertainty of whether we will live one decade or three decades in retirement (the more the better in my view), as well as whether our family will need our financial support or whether we will need theirs.
Lost in the U.S. Senate Permanent Subcommittee on Investigations' skewering of Apple CEO Tim Cook is the major point: the United States' decision to stand alone in taxing foreign earnings disadvantages American companies and American workers.
I want Apple to innovate with new "incredibly great" products that wow the world like the iMac and iPhone did--not with new ways of nickel and diming Uncle Sam. Do what's right and stick to what Apple does best and continued success will surely follow.
Privately held retailers are operating with relatively thin profit margins nearly four years after the end of the recession, according to recent data from Sageworks, a financial information company.
This story that is being repeated and treated as "true" is just not what happened at all. It is one more right-wing victimization fable, repeated endlessly until the public has no choice except to believe it.
Apple (like many giant, multinational corporations) has been avoiding paying the taxes they owe to the country by setting up foreign "subsidiaries" in tax-haven countries, and moving jobs out of the country. Now they want a special tax break to reward them for doing that.
Google, Amazon, Starbucks, every other major corporation, and every big Wall Street bank, are sheltering as much of their U.S. profits abroad as they can, while telling Washington that lower corporate taxes are necessary in order to keep the U.S. "competitive."
Will today mark the dawning of another new era? Or will Congress miss the opportunity to examine the problems within the agency that extend beyond this one scandal?
Unfortunately, there are many reasons this could happen, and even worse, it happens to many taxpayers each year, causing surprise, confusion and frustration.
In Washington, they throw the word scandal around with such abandon it's hard to know at any given time what it means.
Not since New Coke have we as a nation seen a disaster that both sides of the aisle can agree on. America is now unanimously and officially outraged that the IRS would have the audacity to target political groups -- groups that publicly despise taxes and call for the end of the IRS.
John F. Kennedy as a candidate liked to tweak his opponent, Richard Nixon. When the Wall Street Journal criticized Republican Nixon, Kennedy jumped on...
Wall Street excesses brought the economy to the brink of collapse. But now the Wall Street behemoths are bigger than ever and President Obama is looking to cut the Social Security benefits of retirees. That will teach the Wall Street boys to be more responsible in the future.
The IRS appears to have devoted unique effort to making sure that Tea Party organizations were not fudging the paperwork in their bids to secure tax exemption. Good for the IRS.
The problem here isn't the president. It's the Supreme Court's Citizens United decision and subsequent tax law written by Congress that gives these groups tax exempt status.
Loopholes are generally not accidental oversights by legislators. No, they are usually more accurately called "kickbacks," tossing money and/or power back to those who were so kind to provide major campaign support.