Economy

Taxes Are Supposed to Serve the Common Good. Americans Turned Them Into Punishment

Taxes Are Supposed to Serve the Common Good. Americans Turned Them Into Punishment

When my son first got his paycheck, he saw that the government had taken some money. Right away, he started complaining about how the government was taking his money. I talked to him and told him that taxes are how we pay for things like roads and bridges and hospitals and schools, which benefit everyone.

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Private Student Loan Bankruptcy Everything You Need To Know

Private Student Loan Bankruptcy: Everything You Need To Know

If you cannot pay your debts, you can go to court. You have protection from your creditors. But it is hard to discharge a private student loan in bankruptcy because the process can be tricky and difficult. Read on to learn how the procedure works now as well as how recent court cases and pending

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Infrastructure Bill

If Biden’s Trillion-Dollar Infrastructure Bill Passes, What Will Happen to Indiana?

President Joe Biden‘s $1 trillion plan for infrastructure keeps moving. This means that it is hard to understand what this will mean for Indiana on the ground level. The bill about who gets how much money, when, and for what is not clear. The last date to vote on this bill is Halloween.⁉ The White

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FS Tax Conference 2021: The Future of Taxes

Hansuke is inviting 50 people to their Financial Services Tax Conference. The central topic of the conference is “The Future of Tax.” People from different jobs will be talking at this year’s conference. Some of them are tax officials, political leaders, academics, trade association representatives, and private sector firms BlackRock, Franklin Templeton, and JP Morgan.

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Law States That a Tax Refund Can Be Up to $20m From Too Much Revenue (1)

Law States That a Tax Refund Can Be Up to $20m From Too Much Revenue

The law says that the Bureau of Budget Management can’t spend money without a warrant. Speaker Therese Terlaje wants the Attorney General and the Public Auditor to make sure that they follow this rule. Governor Terlaje is asking the OPA and AG to look at how the province spends money. If they do not spend it wisely, he wants them held accountable. The

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Georgia Court Says No Double Dip on Auto Policies After Accident

Georgia Court Says No Double Dip On Auto Policies After Accident

An injured party in an accident cannot get double dip insurance coverage if they call the payment from the other driver’s insurance “punitive damages.” The Georgia appeals court said this. The Fifth Division of the Appeals Court said that Allstate is not responsible for paying for punitive damages from Laura Cochran Nay’s accident because she

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The Legislature Must Fix the Unemployment Problem Once and For All.

The Legislature Must Fix the Unemployment Problem Once and For All

Florida’s unemployment system has a bad track record. Workers who are unemployed can’t get benefits from this system. Critics say that the system is designed to fail. The jobless claims system in Florida has been very hard to use recently because of the virus. It was difficult to see if anyone could get help. There

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What Is 'Wealth Tax,' and How Would It Work

What Is ‘Wealth Tax,’ and How Would It Work?

President Joe Biden wants to get big money from billionaires. Big money is needed for his economic and social agenda. Biden didn’t endorse a “wealth tax” when he campaigned last year. But his more conventional suggested rate hikes on the income of large corporations and the wealthiest Americans have hit a roadblock. This is a

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The Unemployment Fraud In California Can Be Around $20 Billion

The Unemployment Fraud In California Can Be Around $20 Billion

$20 billion has been given to criminals by the state of California. It is more than 11% of all the money paid since the start of the pandemic. Officials blamed most of the fraud on a change in the law that let self-employed people get weekly checks from the government. There were not many checks

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