Taxes

Kotlikoff in The Hill: The U.S. is Broke

Kotlikoff in The Hill: The U.S. is Broke

Under Social Security, Medicare, Medicaid and other entitlement programs, the US government has an unfunded liability of about $200 trillion. Add that to conventional measure of debt and our true debt to GDP ratio is 1,025%!

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The Surprisingly Good ‘Republican’ Tax Plan

The Surprisingly Good ‘Republican’ Tax Plan

The just-announced Republican tax plan is essentially the House “Better Way” plan proposed in June 2016. The business part of the tax reform transforms our corporate tax into a business cash flow tax (BCFT) by moving to full expensing and restricting interest deductibility.

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Magical Tool Helps Manage your Finances

Magical Tool Helps Manage your Finances

In taking over Scott Burns’ column, I promised to perform some money magic — to show you ways to better manage your finances and safely raise your living standard. I can’t do this on a one-on-one basis.

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