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Every so often, I wonder about the chronic effect of the oil spills such as in the gulf and south seas and off the northwest coast. I think there must be an easier way to clean that and minimize the damage and loss of wildlife. What if there was a sponge that could soak up…
Read MoreThe Joint Committee on Taxation (JCT) recently released a report entitled “Overview of the Tax Gap.” The tax gap is the difference between taxes paid and taxes owed, and this gap can exist for a few reasons. Taxpayers may report less than their full tax liability on their return (underreporting), pay less taxes than owed…
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Free. No Cash. Not even $1.00! Festive Owl is offering free weekend passes to Chicago Open Air this weekend. System of a Down, Ghost, Meshuggah, Beartooth, Code Orange, Tool, The Cult, Gojira In This Moment, Fever 333. These won’t be around long so go now to https://bit.ly/2LHwxMl and have a great weekend!
Read MoreAlice Rivlin made the world a better place in so many ways. She will forgive me for ignoring most of them in this brief essay because she was remarkably modest. Instead, this is a personal reflection based upon a string of tweets I wrote yesterday when I heard she had died. Alice was the first…
Read MoreAlice Rivlin, who died yesterday at age 88, was a policy legend. She also was a kind, generous, and extraordinarily tough woman. Over more than half-century of work in Washington, she was friend and mentor to hundreds of policy experts, journalists, and public officials. The depth of her resume as a public servant may have…
Read MoreHow to buy a mobile home: mortgage loans for older manufactured housing This article resulted from a question asked by one of our readers. It turns out that many other visitors also wanted to know how to buy a mobile home. There are three issues that come up with buying mobile homes or financing older…
Read MoreWhat’s driving current mortgage rates? Average mortgage rates were unchanged yesterday, as we predicted. That means they remain very low, by both recent and historical standards. Many experts would urge you to lock soon. Yes, you risk losing out on further falls. But right now, in the wings, there are plenty of factors that could…
Read MoreThe most popular cities for Millennials Millennials aren’t gravitating toward the huge urban centers like most would expect. According to new data, they’re actually heading to smaller towns in the midwest — like Madison, Wisconsin and Grand Rapids, Michigan. Verify your new rate (May 17th, 2019) Millennials in the Midwest A new report from the…
Read MorePass-through businesses—businesses like sole proprietorships, S corporations, and partnerships that “pass” their income “through” to their owner’s income tax returns and pay the ordinary individual income tax—make up a majority of U.S. businesses. Marginal tax rates vary for pass-throughs depending upon the state in which they operate because of differences in how states tax individual…
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I stopped shopping yesterday as the first step on my path to be Debt Free. I will stick to this moratorium for six months. The inspiration came from Cait Flanders, who followed her shopping moratorium for twelve months. When I told a good friend what I was doing and for how long I might follow…
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