“Everybody has been engaging in cross-border tax avoidance”
So says Stephen Shay, former
international tax affairs treasury secretary. Wal-Mart, Apple, Starbucks,
and most of the largest 500 corporations owe US back taxes. Corporate share of U.S.
tax
receipts has fallen from 30% to under 15% as profits have soared since
1990. The Effective corporate tax
rate is less than that for most OECD countries. This is why Greece
got into its mess—few pay taxes in Greece .
Use your IRS S408 tax-FREE trust: http://www.amazon.com/Most-U-S-Corporations-Pay-NO-Taxes/dp/1514274116
We are giving up $800,267 by NOT using a simple investment
plan
Get what you want with a simple financial plan in 5 steps.
IRS §408 trust gives you a TAX-FREE nest egg of $993,413 when you invest $3,000
a year in a stock index for 33 years. Average investors earn just 3.69% when
using a sales person and end up with $193,146.
Could Medicare coverage beginning at age 50 help us live
healthier longer?
Since 1965, people over age 65 are living longer with far
lower rates of death from chronic disease. Medicare
has evolved and improved along the way, adding home health services,
hospice care and prescription drug coverage, just to name a few innovations.
Medicare prevention-oriented resources at this period of greatest risk of
disability due to cancer, heart disease and stroke, obesity and diabetes could
reduce overall costs.
Long-term care options: http://www.amazon.com/Long-term-Care-Insurance-Updated-2013/dp/148274001X/
See why your doctor prescribes that particular medicine not
the generic brand
Now you can see what your doctor REALLY makes—not from your
insurer. Each script for each drug is worth BIG money. My gastroenterologist
gets $91,226 just for writing scripts no matter what the cure. See why
our drugs cost so much more than in Europe : https://projects.propublica.org/docdollars/
Medical debt collectors charged with unfair practice
Half of all overdue
debt on credit reports stems from unpaid medical bills, and a substantial
number of these bills are unpaid as the result of delays
in insurance reimbursements, medical billing errors and billing disputes,
according to the CFPB. "Don't necessarily trust the bills you
receive," LaMontagne added. "Plenty of errors occur and you should
make sure the bill is correct before you pay it." Ask for verification of
bill to stop collector. Dispute credit report info. Many doctors changed
insurers and never notified patients, sticking them with out-of-network
charges. Sort of “bait and switch” that can be reported to the regulator: http://www.consumerfinance.gov/complaint/
Was your tax refund
too big?
If you had a refund
over $500, congratulations, you are giving the government a FREE loan. They
will just waste it so give yourself a bonus and raise your allowances on Form
W4 http://www.irs.gov/pub/irs-pdf/fw4.pdf.
Give it to your employer so they will take out less each paycheck. Set
up your legal Tax Haven at a low-cost Roth IRA trustee like Vanguard with the
difference in pay. In one of Vanguard’s Top Ten, you could have a nice tax-FREE
fund to buy your next vacation, car, emergency. It is like found money!
Small business credit
worth $thousands
The maximum credit
increases to 50 percent of premiums paid for small business employers and 35
percent of premiums paid for small tax-exempt employers. Even if you
are a small business employer who did not owe tax during the year, you
can carry the credit back or forward to other tax years. Also, since the
amount of the health insurance premium payments is more than the total credit,
eligible small businesses can still claim a business expense deduction
for the premiums in excess of the credit. That’s both a credit and a deduction
for employee premium payments.
Get your money: http://www.irs.gov/uac/Small-Business-Health-Care-Tax-Credit-and-the-SHOP-Marketplace
GOP crazies
Cruz wants a popular vote for each Supreme—overturn
Constitution
Cruz said he is proposing a constitutional amendment to
require Supreme Court justices to face retention elections every eight years.
"The decisions that have deformed our constitutional order and have
debased our culture are but symptoms of the disease of liberal judicial activism that has infected our
judiciary," Cruz writes. "A remedy is needed that will restore health
to the sick man in our constitutional system. Rendering the justices directly
accountable to the people would provide such a remedy."
Trump verbalizes GOP
hate of “them” groups
Trump calls Mexicans rapists & drug dealers. No GOP
leader has denounced Trump so they must agree. Fox
defends Trump remarks! (Germany in the 1930s?)
Trump has sent many minorities out of the GOP camp with his announcement. NBC
fires Trump.
Trump claims he was cheated
by two Mexican businessmen in 2006-7 and he’s still angry: I
will make Mexico pay for border wall. Conservatives cheer racism! Klan
makes rally for July 18.
Christie cannonballed the GOP pool of contenders
NJ voters (4% approval) explain what he’s really like: http://www.gq.com/news-politics/201506/the-chris-christie-story
Local
paper calls him a LIAR, with intent to deceive. May join Trump to “set Russia
and China
straight.”
Huck rejects Supreme’s decisions—Civil war again?
I will not acquiesce to an imperial court any more than our
Founders acquiesced to an imperial British monarch. We must resist and reject judicial tyranny, not
retreat. He wants to go back to white Christian rules of the 1950s.
GOP religion rules in TX, KY, TN—“pick the laws you want to
follow”
TX told clerks that if they refuse
to issue marriage licenses to same-sex couples or perform weddings because
they conflict with their “religious” beliefs TX will help them fight their case
if they face lawsuits. KY
clerks cite religion to refuse licenses.
"No Gays Allowed" sign at his hardware store in TN
because owner says "I don't want them around because their lifestyle.” Owner says he is a “follower” of Christ who
said, “love thy neighbor as thyself” and “I was a stranger and
you did not invite me in, I needed clothes and you did not clothe me, I was
sick and in prison and you did not look after me.”
GOPs return racists’ money but only after they are caught
GOP candidates Cruz, Walker, Santorum, Paul got funds from
the new “white citizens council” and didn’t have a problem until the killer
Roof’s rant out-ed them. The council’s influence runs deep in the GOP with
Lott, Barbour, Huckabee, and recently, SC Gov. Nikki Haley. Southern
“hospitality” lives! Money buys you influence. Flag still flies! Klan to
rally support for flag of rebellion in July. Will Cruz Trump show up?
GOP-led Supremes have become substitute for democratic decision-making
The Supreme Court ruled NO to Obama’s EPA rule on limiting
emissions of mercury and other hazardous air pollutants mainly from coal-fired
power plants, a setback for the government and a boost to GOP and coal stocks.
Supemes know nothing about mercury!
Scalia
condemns his own decisions as a Supreme ELITIST: “to allow the policy question to be considered and
resolved by a select, patrician, highly unrepresentative panel of nine
is to violate a principle even more fundamental than no taxation without
representation: no social transformation without representation.” He is right! Why did he
and Kennedy give Bush II the presidency in 2000 election when Constitution
says voters decide? Cost us 5,000
lives and $4
Trillion so far.
Roberts condemns making public policy also: "Just
who do we think we are?" “… that decision should rest with the people
acting through their elected representatives, …”
GOP predictions of the end times—Ryan
still wrong
NRA calls itself a
civil rights group like NAACP and ACLU. Really?
DEM crazies
Bernie has crowds but does not have a PAC.
Without the support of a “super PAC,” his total seems small,
but anywhere close to $10 million would be a very respectable total for a
candidate who raised a total of $6.2 million for
his 2012 Senate race. Elizabeth Warren isn't ruling out joining
ultra-liberal Democratic presidential candidate Bernie Sanders on the campaign
trail in New Hampshire . One
question is whether this initial flood of donations represents the high-water
mark or can be sustained.
Bernie can’t win—it took Obama $730
million to win in 2008.
Obama to give workers overtime like in 1975—but don’t count
GOP out yet
The administration has the power to issue the regulation,
which would restore
the overtime salary threshold to roughly where it stood in 1975 in terms of
purchasing power, without congressional approval. Republicans could, for
example, attach a so-called rider undoing the change to must-pass
appropriations measures later this year.
Avoid cars that lose value before they are paid for
You will not be surprised that these money pits are
overpriced but some people buy them. Some are also on the list of the highest
problems per 100 sold too.
Worst car list: http://www.cheatsheet.com/automobiles/10-of-the-worst-cars-of-the-2000s.html/?a=viewall
Best used cars $13K and up: http://www.kiplinger.com/printslideshow.php?pid=13673
Third Man reopened in CA 7/3: Wells told director Carol Reed, "Carol,
I can't work in a sewer, I
come from California." So all the Vienna
sewer scenes were done at Shepperton Studios. However, tourists, making "Third
Man" tours of Vienna , have
made its sewers quite popular. Closing shot: Sight & Sound magazine called
a candidate for the greatest film finale ever.
CR says new BMW, Audi, Subaru burn oil
Consumer Reports focused on 2010 to 2014 models and called
on automakers to make repairs under the powertrain warranty or to extend
warranties. Audi and BMW cars say that it's reasonable to burn a quart of oil every 600 to 700 miles.
For a late-model car to burn a quart or more between changes is not acceptable,
Rechtin said. Check models: http://finance.yahoo.com/news/consumer-reports-finds-newer-cars-101209204.html
SCAMS Can
we afford to keep paying $700 Billion a year for WWII
deployments? That is 27
cents of each dollar in taxes—the largest part of our money—and we
aren’t even at war. We could pay off our debts and fix our schools,
roads and bridges! We are paying for 164,253 of our active-duty armed
personnel to be in 150 countries around the world. We have about 50,000
in Japan and 50,000
in Germany .
We are spending $8 million per HOUR on
our wars in Iraq/Afgan
The War
on Terror requires special forces attacks on top terrorists at their
homes like Obama’s
al-Amr May14 Abu kill. Iraq proved
converting a nation to Western-style republic doesn’t work. The
troops we trained ran away, left our stuff. Training and more stuff for
what? Former
Saddam army now ISIS. We are wasting
$4 billion a year on Afgan
tribal rivalries; paying ransom to Al Qaeda; supporting corruption with our
money.
We are building another
military base for Japan at Henoko. Air Force Gen. Ronald Fogelman admitted
that the Marines “serve no military function there. They don’t
need to be in Okinawa to meet any time line in any war plan.”
Are we preparing for WWII again? There are 1,208,083[1] armed
personnel in the United States .
Our taxes pay for about HALF of the WORLD’s military expenditures every
year. We have wasted $398.6 billion so far on the
F-35 program—they can’t
fly safely.
We just can’t afford to pay for everyone else’s defenses
anymore.
GM murdered 114 people but not even indicted
The official death toll from faulty ignition switches in
General Motors small cars has risen to 114. GM has made “compensation” offers
to 245 other victims’ families. NO ONE is going to jail despite the cover up!
“Imported” beer is really imported
from "St Louis" where they make hype!
Whole foods costs
whole lot more … because they
admit they cheat a whole lot.
Malcolm Segal, a Langhorne, Pa. ,
Aegis broker was sued by the SEC for taking $15.5 million from 50 investors and
using the money to buy a Florida condominium, vacations and other luxuries. Segal
sold certificates of deposit to
brokerage customers, claiming he could get up to 12 percent interest, according to the SEC.
BNP Paribas was accused of breaching fiduciary, contractual and legal duties, as well as gross
negligence and negligent supervision,
Who owns your account now?
Chubb to Ace with
Geenberg scion in charge
IAN
41 Watchung Plaza, B242
973.746.2014
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