Accounting for Deficits: When Should They Matter and How Should We Solve It?

Reporting suggests that Congress will continue to consider a variety of legislative solutions to support Americans enduring the ongoing public health crisis, provide short-term financing and tax relief for businesses and individuals, and eventually, revive economic growth after the crisis passes.   With policymakers contemplating more spending even as tax revenues fall relative to previous…

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Global Pandemic Dividend Cuts – Impact on Lanny’s Portfolio

The Pandemic is tearing down the walls us dividend investors built! We must protect this house that pumps out portfolio income.  The dividend cuts have cut deep.  The pain is real.  However, could it be worse? the dividend cuts Dividend cuts have been almost commonplace, over the last 4-8 weeks.  There’s no debate, the global…

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The U.S. Tax Burden on Labor

Key Findings Average workers in the United States face two major taxes on wage income: the individual income tax and the payroll tax (levied on both the employee and the employer). Although slightly more than half of a U.S. worker’s payroll tax burden is paid by their employer, the worker ultimately pays this tax through…

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Under the HEROES Act, State Budgets Could Soar as the Economy Suffers

The HEROES Act, proposed by House Democrats as a next round of fiscal relief during the coronavirus outbreak, contains about $1.08 trillion in aid to states and localities. That would bring the pandemic total to $1.63 trillion—an amount so large that it might overwhelm their ability to spend it and could reward fiscal irresponsibility. With…

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How to build your own dividend-focused robo-adivsor

Today we have a guest post! The guest post is written by Brendan Lee Young is one of the founders of Passiv, an automated portfolio management tool that helps DIY investors be their own wealth manager using their brokerage accounts. He follows a core-and-explore investment strategy but loves the feeling of getting paid dividends. Please…

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How the HEROES Act Would Allocate State and Local Aid

The HEROES Act, introduced Tuesday by House Democrats, provides more than $1 trillion to state and local governments, including $915 billion in flexible aid—which can be spent for any purpose, including to backfill revenue losses—in installments over the next year. In broad strokes, these coronavirus relief funds are four tranches for allocation purposes: by jurisdiction…

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Lanny’s Dividend Stock Purchase Activity – April 2020

April was overall another positive month for the market, after a wild ride down in the mid-to-end of March.  There were dividend suspensions across the retail industry and even dividend cuts, including one from a major oil player that did not cut their dividend since the World War days.  Time to dive into April’s dividend…

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