Did you know that CT now taxes clothing under $50?

We recently bought something online via Gymboree and were charged taxed on the item.  This had never happened before so my wife sent an email to Gymboree asking why they charged tax on a tax-free item.  We received a canned response stating that they are required to collect tax because they have stores in [...]

Should I choose a Roth or a Traditional IRA?

Roth vs. Traditional IRAs

Today I met with a Fidelity Investments account manager in order to talk about retirement planning and any other investment questions that I might have.  This is a free service from Fidelity and the whole experience ended up being quite positive.  We made a few account changes on the [...]

Would you like a tax receipt? I would.

From NPR’s Planet Money blog:

Taxpayers should get a receipt so they know what they’re paying for, a think tank called Third Way argues in a new paper.

Here’s a sample from the group. It includes federal income tax and FICA, which funds Medicare and Social Security. Details are here.

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Winners and Losers: This is How I Feel

Winners & Losers by Michael Ramirez

This is exactly how I feel. Did you know that 47% of American households pay NO FEDERAL INCOME TAX at all?

This post has generated the following comments:

Patrick:

Ya to be part of that 47% you either have to make too little money or too much [...]