Inflation’s Tie to Interest Rates Inflation impacts all of us in a number of ways, not just in a steady rise in the prices of the things we buy every … Read More
Several U.S. states have become attractive destinations for retirees, due to the fact that they don’t charge state income taxes. Florida, Nevada, South Dakota, Tennessee, Texas, Washington and Wyoming fall … Read More
The U.S. inflation rate of roughly 3.5% a year has been sounding alarms, in part because it is somewhere around twice the target rate that the U.S. Fed economists want … Read More
AI: Many. Humans: Still One Artificial intelligence first proved its mettle by beating game experts. Deep Blue famously beat chess champion Gary Kasparov as early as 1997, and more … Read More
When I was a child, my father was injured on the job and could never work again beyond sporadic and low-paying temporary work. He got a settlement and a few … Read More
China’s Economic Puzzle We’re all accustomed to thinking of China as the fastest-growing economy in the world, but recent events have had global investors rethinking that story. At the start … Read More
Covid Recovery The U.S. vs. The World There have been calls to declare that the U.S. economic recovery since the recent pandemic to be a miracle, and the Biden Administration’s … Read More
Actual Military Spending The U.S. military budget just keeps going up, year after year, as a percentage of the U.S. economy, and the amount of support the U.S. is sending … Read More
Next Year’s Tax Brackets for 2024 The Internal Revenue Service has (finally!) released the tax brackets for 2024, which are annually indexed for inflation. The top bracket is always the … Read More
Charitable Contribution Complexity If you donate money to somebody in need, you can write off that gift on your tax returns, right? Would that the charitable contribution laws were that … Read More
