Political decisions can have a huge impact on both your financial and personal life.
It looks like the calculator is simply wrong. It uses a 3% tax rate instead of the 6% tax rate they cite for the Elizabeth Warren’s Tax Plan.
Our first step is not “closing our eyes and imaging it.” We need our eyes wide open analyzing each idea for its own individual costs and benefits.
One common socialist assumption is that government collectivism is so essential for success that there is no such thing as self-sufficiency.
Edward Bellamy’s novel “Looking Backward” moved hearts and minds, ultimately moving nations and history.
One of the most common socialist assumptions is that it is possible to perfect society.
Social Security just turned 84 years old today (August 14, 2019). It has stayed alive on the false sentiment of sunk costs.
The appeal to the Nordic countries from socialists is a false one. Iceland, Denmark, Sweden, Finland, and Norway are examples of market economies, not socialism.
The unpleasant reality is that socialism quickly turns to the use of force to bring about their vision of society.
Without taxes, you could leave work at 2:41pm every day.
Although the NPR commentators suggest that the corporate heart is growing fonder of government, feeling wistful, and longing for government bureaucracy, nothing could be further from the truth.
Stock buyback programs are a method of returning profits to shareholders without causing a taxable event.
Since only a small portion of stock is traded each day, a large majority of shareholders prioritize the long term appreciation of the value of the company.
If the TSA were abolished, that would not mean that airports would be any less secure.
Any movement out of the stock market can cause you to miss future market appreciation.
On Tuesday, August 14, 2018, David John Marotta appeared on Radio 1070 WINA’s Schilling Show to discuss the right to the freedom of speech in 2018.
On June 5, 2018, David John Marotta and Megan Russell appeared on Radio 1070 WINA’s Schilling Show to remember June 5, 2013 and discuss our modern surveillance state.
On this day in 2013, Snowden revealed the U.S. government was actively pursuing the constant surveillance of everyone’s digital life.
If these had been the original intentions of the legislation, we should have known that Obamacare would not be worth it.
At best, it is a crutch holding you up. At worst, it is a ball and chain holding you down.
This letter came with a large bold “YOUR RESPONSE IS REQUIRED BY LAW” notice along with a 5 week deadline for compliance.
It is commonplace for special interest groups to use lobbyists to gain control of their own industry’s regulation. This failure where interests group seizes control of a governmental power is called “regulatory capture.”
The burden of mandatory government data collection should be opposed whenever possible.
On April 10, 2018, David John Marotta appeared on Radio 1070 WINA’s Schilling Show to discuss the question: What is worth using the government’s threat of violence?
Fraud is the enemy of the free markets. It is theft through deception.
It is lazy of the IRS to put the burden of proving innocence on the taxpayer while punishing them as though they are guilty.
The markets may fail the Utopian Vision, but only because our Tragic world fails the Utopian Vision.
Pricing is not about being nice. It is about being fair. Fair to you as the seller and to the value you ascribe to the good or service.
Private property, free markets, and protection from aggression solve a lot of problems.
The free market fails to be a centralized economy. That’s why it is called “free.”
On December 12, 2017, David John Marotta appeared on Radio 1070 WINA’s Schilling Show to discuss the Tax Cuts and Jobs Act.
My best case for SRI is a personal story of lace, oil paintings, tobacco, and Ray Stedman.
“When Congress acts, whatever it is called it will do the exact opposite. So the Affordable Care Act will make plans not affordable.”
It looks like something from this proposal will become law. Right now, the bill is in committee where the differences are being resolved.
I recently watched a video by VOX called, “How tax breaks help the rich.” In the video, they discuss wealth inequality and claim that one of the biggest drivers of inequality is the tax code.
In “The state and local tax deduction, explained” by Dylan Matthews at VOX, he does not mention the reason the state and local tax deduction was created when listing the pros and cons.
Employers are paying more in benefits, but with the increase in health care costs there is less for retirement contributions.
InvestmentNews advocates lying to clients, but I think if your advisor doesn’t have integrity, you can stop there and find a new advisor.
One of the problems with government reporting regulations is that personal information is made widely available for abuse.
David John Marotta was interviewed on the Schilling Show discussing the minimum wage, and the reasons keeping (or raising) a mandatory minimum wage could actually hurt some workers.
David John Marotta was interviewed on the Schilling Show discussing trickle-down economics and taxes.
David John Marotta was interviewed on the radio 1070’s Schilling Show discussing the difference between obstruction and resistance.
Politics matters less to our financial success than the ordinary decisions we face every day.
David John Marotta was interviewed recently on the Schilling Show discussing the politics of kindness and the difference between intentions and outcomes.
Listen to a discussion on why journalists are usually liberal-leaning and what that means for reporting the news in America.
There are three types of crowdfunding each defined by what people receive in exchange for the money they pay: Reward-based, Donation-based, and Equity-based.
Is there morality that supersedes legally abiding by the tax code?
The future may be uncertain, but the markets are quite reliable in the long run.
Without the burden of federal, state, and local taxes, you could leave your job at 2:27pm every day and earn the same salary.
David John Marotta was recently interviewed on radio 1070 WINA’s Schilling Show, discussing taxation and the burden of government.
I recently read a foolish article entitled “Call for a National Savings Plan” that assumed we haven’t tried a national savings plan already.