Recently, I’ve noticed more buzz about a potential tax on trades involving stocks, bonds and other financial instruments – AKA, the speculation tax. From the stories I’ve seen, such as this one by Dean Baker, co-director of the Center for Economic and Policy Research, such a tax would run about .25 percent on a transaction. [...]
Posts under ‘Tax Laws’
Longevity and Money
I just calculated my life expectancy at www.livingto100.com, and found that I should live to 99. A few months ago, my doctor also told me I’ll likely live into my 90s. She based her assessment on my grandparents’ longevity, which I had indicated on the multi-page medical history form that most doctors have you fill [...]
Get ‘Em While They’re Here: Expiring Tax Cuts
The ways things are going now, your tax bill for 2009 probably will look a whole lot better than the bill for 2010. What’s more, that bill is likely to be easier to swallow than the one ahead for 2011. That’s because 73 tax provisions expire in 2009, and another 40 in 2010, according to [...]