Romney’s Taxes

In GOP news this week, contender for the GOP nomination to run against incumbent president Barack Obama Mitt Romney has been challenged by former rival Rick Perry, Governor of Texas, to release his tax return information to the public immediately.  It’s a strategy in Perry’s smear campaign against Romney that could work, but not in his favor.  Perry is pretty much history in this year’s elections and wasn’t even able to be placed on the Virginia ballot.  But going back home to Texas just isn’t enough for this poor sport, so he now seems more interested in ruining Romney’s reputation than returning to do his job, which is to govern Texas.  His thinking must be…

Wal-Mart Enters Tax Business

What is the first thing that pops into your head when you think of Wal-Mart?  Do you think of its massiveness?  Maybe you think of its power to generate so much money and influence so many lives.  The fact is that Wal-Mart is a huge force to be reckoned with.  This company is more than just a mega store on the street corner.  It is a serious money maker, and it is also serious competition for many types of businesses.  Small retail stores have to compete with the giant retailer on price and variety, and now banks have to compete with Wal-Mart’s small check cashing fees and more.  Well, there’s another business Wal-Mart is getting…

Occupy Wall Street Is Worldwide

At first once Wall Street was being occupied, people ignored it and laughed it off. The protesters were unorganized, apparently without clear demands, and obviously with no leaders. Now it has grown into not just a nationwide protest where people occupy large towns to show that they are done dealing with a government that has been overrun and taken by big business and banking, but it has gone worldwide.

Wealth, Taxes, and Credit Ratings

America has recently been the subject of a devastating credit rating downgrade from Standard & Poor’s. For the first time in history, the credit agency downgraded the U.S.’s AAA credit rating while slamming the nation’s political process and criticizing lawmakers for not moving sooner to cut spending. The US has been unable to raise revenue enough to reduce record budget deficits, and S&P’s outlook remained a bit dismal following the downgrade. But just how well are other countries doing in what has blossomed into a full blown global economic crisis? Could America take a lesson from some of the other wealthy countries in the world? How can the US repair bad credit that has caused…

Quotes and Sayings About Taxes

We gathered together some of the best quotes and sayings about taxes we could find! Enjoy!

Who Is Paying Taxes?

With our county in debt up to our eyes balls, I’m sure we are all wondering how in the heck are we going to get ahead again? Unfortunately, even when it wasn’t our choices, but the choices of our politicians that have put us into this situation, it will be our money that will have to pay off this debt. Alas, we are a country that is in it together no matter what. We have to work together and stop placing blame. We need to pay our taxes, and be good citizens. Right? Maybe. But that’s not the way it’s going thus far. As the above infographic from Mint.com shows, of the 151,485,535 tax units,…

Ecommerce and Net Security Get Stronger in Singapore

Online security, much like house alarm systems, is something everyone knows is a very serious and persistent threat, but that few people do anything serious about because of the high utility provided by the internet and its resources. “Ignorance is bliss” is the theme for most people. Internet security experts in Singapore, however, have focused on making a secure and efficient system that will force hackers and other online criminals to jump over higher hurdles than ever before, potentially significantly decreasing the amount of online internet scams. This technology is called Secure DNS, or Domain Name System. Secure DNS is a basically directory of Internet addresses connected to names, stored in Singapore, Zurich, and San…

Ponzi-Schemers Ex-Wives Keep Stolen Money

It seems that the women of Wall Street have a financial intuition of their own, that is knowing when to get out of their marriages. Recently, court cases have continued to spring up pitting divorcees against each other for a second round of settlements. As Ponzi-schemers are forced to pay off their debts to investors, they look to their ex wives, who had claimed assets during divorce settlements prior to the unraveling of multiple Wall Street Ponzi schemes, to pay back the stolen money. While divorce lawyers opinions are largely divided, many believe that stolen property should be the claim of the rightful owner, whether or not the person in possession of such property was…

Greeks Fear Government is Selling Off the Nation

While much attention has been focused on Greece’s mounting debt and structuring potential emergency solutions, the Greeks have actually already reduced the deficit by 5% of their GDP. Though this means that Greece is still far from being anywhere near out of the woods, it is a significant number in any modern economy, let alone the bleeding mediterranean nation. But when you look at how that 5% was made up, it looks as though the Greeks have reverted back to Hellenistic Era medical techniques, leaving the patient to bleed out his disease without replenishing the blood. Or, as the President of the Hellenic Chamber of Commerce in Athens, Konstantinos Mihalos, put it, “You can not…