Friday May 10th, 2013 – Caledonia, WI Like it or not, I have to knuckle down and make some money. On this cosmic plane, I have not figured out a way to get over the financial hump, and it absolutely stinks. I keep hearing tall tales of how people start with a piece of lint a...
Thursday February 28th, 2013 – Chicago, IL/Fox Lake, IL Ah, the good old “cost of doing business”. That’s the money that never really gets replaced, but always ends up finding a way to drain the wallet of the self employed entrepreneur. It’s always a ...
Monday October 22nd, 2012 – Mt. Prospect, IL It’s hammer time, but not in the rapper kind of way. When the hammer drops in my world, it’s usually of the sledge variety and the location it drops is the base of my skull – numerous times. I am experiencing one...
Most observers agree that the October 3 "Presidential Debate" was "won" by Mitt Romney, and they are right.President Obama's big mistake was to repeatedly denounce Mitt Romney's "$5 trillion tax cut," which Romney deni...
"There are 47% of the people who will vote for the President no matter what.....who are dependent on government, who believe they are victims...47% of Americans pay no income tax." Mitt Romney (1)If Romney is right, all Obama needs to win a 51% share of the popular vote is to gain...
"A massive tax increase on job creators and on small business.....another kick in the gut to the middle class in America." Mitt Romney on Barack Obama's plan to extend the Bush tax cuts only for taxpayers earning less than $250,000 per year.(1)Since the Small Business A...
Sunday May 27th, 2012 – Fox Lake, IL I’ve never been a fan of anything mathematical, but for whatever reason I’ve been crunching a bunch of numbers in my head of late and it’s been captivating me. I’m trying to figure out a hard number of how much I&r...
Last night, Fox 6 reporter Jenna Sachs took an inside look into Assembly Bill 308, a controversial bill that could ultimately ban mixed martial arts in towns throughout Wisconsin.The segment featured viewpoints from subjects on both sides of the coin including Representative Pat Strachota, Scott ...
Texas Governor Rick Perry, who tied for fifth in a poll of Iowa Republicans but is still one of the three top contenders for the 2012 Republican presidential nomination (1), has proposed both a huge cut in federal income tax revenues and a Balanced Budget Amendment to the Consti...
Monday July 18th, 2011 - Cary, IL One of the most glaringly important skill sets essential to life on this planet I’m not now and never have been able to find a way to master is the handling of money. Quite frankly, I suck rotten goat cheese balls at it. While I’ve never a...
Republicans agree that cutting taxes (especially the top brackets) is the best way to stimulate job creation and thus reduce unemployment. But are they right? Let's consider three major sectors of employment: manufacturing, services and government.
Manufacturing: Advances in automation and robo...
1. Money
It doesn't really matter which side of the fence you are on, no matter how Egypt's revolution plays out it is sure to cost The United States an enormous amount of money. With our tough economic times, and trying to pinch every penny as is, how we decide to spend our tax money in E...
To take advantage of all the tax breaks available, preparers must keep up with changes in the tax code. Late last year, for example, Congress extended several deductions that had expired in 2009. In most states, anyone can prepare taxes for a fee. There are no training or licensing requirements. ...
Property values are at an all time low and many investors are taking advantage of this opportunity to purchase rental properties. Probably for the first time in history, investors can enjoy positive cash flow as well as anticipate a future increase in equity. If this is the year you become a land...
Tuesday August 10th, 2010 - Chicago, IL I have a new show business goal. I would like to be the first entertainer in history to get a reputation for having his income tax situation not only clean, but immaculate. For every Wesley Snipes, Willie Nelson, Redd Foxx, Joe Louis and so man...