The upcoming hike in student loan interest rates has had many a college bound student and their parents worried for a few months now…fear not Congress will rescue us all! Apparently the plan now is to stall the rate hike (3.4% up to 6.8%) for one year and pay for it by raising taxes on [...]
I came across this last night and wanted to share it out. Written back in 1946 by Henry Hazlitt, this great little document does a great job of explaining all of the great economic fallacies that crop up from time to time. Even though it is over 50 years old, the lessons contained are still [...]
Warren Buffett has been in the news several times recently talking about how he believes that the fact that his secretary pays a higher effective tax rate than himself is unfair. He takes this observation one step further and states that he and his wealthy friends should pay more in taxes. While I agree that [...]