1.
Lowell Ponte: French
Economist Advocates Hefty Taxes
2.
Dave Bego: The Symbiotic Relationship that Short-Changes Americans
3.
Joe Messina: The Destruction of Marriage
4.
Michelle Seiler-Tucker: McDonald's vs Taco Bell: The Breakfast Wars
5.
Sandy Botkin: Estimated Tax Penalties
French Economist Advocates
Hefty Taxes
By
Lowell Ponte
French
economist, Thomas Piketty's runaway near-700-page best-seller "Capital in
the Twenty-First Century" has galvanized an American left dispirited by
President Barack Obama's waning charisma and failed promises. Piketty, a
professor at the Paris School of Economics, arrived here like an old-time
preacher trailing clouds of glory from the European motherland of socialist
collectivism and the welfare state to restore wealth redistribution. Most
American leftists have welcomed him like an intellectual savior who is
restoring their faith, faded by a century of progressive failure. He is
renewing their mission to bring down capitalism. Piketty even acknowledges the
long-self-evident truth that the free market is more productive than socialism.
He says he would retain the good competitive virtues of capitalism while
purging what it does badly. [more...]
The
Symbiotic Relationship that Short-Changes Americans
By
Dave
Bego
Wealthy
democratic donors met with Big Labor and high interest liberal groups in
Chicago this week to plot strategy for the 2014 Mid-Term Elections, an obvious
sign of the increasing desperation of democrats and the "gasping
dinosaurs" of big labor (see The left’s secret club plans for 2014, 2016).
The approaching elections, however, may very well be the beginning of the end
for these symbiotic partners. The liberal left has already begun to suggest
that their pending demise is due to the U.S. Supreme Court's decision in the
Citizens United case in 2012. In that case, the Court opened the door for
unrestricted corporate spending on political elections stating that, "Political
speech does not lose its First Amendment protection simply because its source is
a corporation." [more...]
The
Destruction of Marriage
By
Joe
Messina
Recently,
in Massachusetts, three lesbian women decided they wanted to be married to each
other. Yes, THREE PEOPLE
wanted to enter into marriage together. Why? Because they love each other. One
woman admitted after several failed male relationships she just couldn't see
herself being monogamous. So what happens when she decides she is tired of or
falls out of love with wife A, but is really into wife B and John's wife next
door is not looking so bad either? We will deal with that later. [more...]
McDonald's
vs Taco Bell: The Breakfast Wars
Taco
Bell has recently introduced an entirely new breakfast menu to the public and
while doing so, threw a few entertaining advertising punches at the fast food
conglomerate McDonald's. A short film used primarily for viral visibility
featured dozens of people named Ronald McDonald endorsing the taco franchise, a
brave move given the clout of the almighty Egg McMuffin. McDonald's has
generally ruled rush hour breakfast. According to figures released from the
food research and consulting firm Technomic, breakfast sales produced upwards
of $10 billion in profit for McDonald's. The abrupt entrance of Taco Bell
and a number of other fast-food chains into the breakfast market has put
McDonald's on the defensive in a now very competitive market, offering a free
coffee promotion and a clever advertisement of the company's beloved clown
petting a chiwawa in an act of patronization to lure more consumer interest. [more...]
Estimated Tax Penalties
By
Sandy
Botkin
Here is one area that has a lot of
misconceptions. First, you will NOT be charged with any criminal behavior if
you don't pay estimated taxes. In fact, surprisingly, you don't need to file
and pay estimated taxes at all. If you don't,
however, you will pay a penalty that is currently set at a non-deductible
penalty rate of 3% unless you meet one of the exceptions from the penalty.
Thus, if you can make more than 3% after tax with your investments, it might
not be wise to pay estimated taxes. So, how do you avoid the penalties? Here
are the major exceptions: [more...]
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