I could NOT disagree with you more.
At the risk of sounding moronic, I need to point out that the U.S. “rich” pay some of the lowest tax rates in the world and enjoy tax breaks not found anywhere else. Also, at the risk of sounding left wing, every time there is a tax cut for the rich or corporations we are told that it won’t affect the deficit because of “trickle down economics” which has never been the case.
I believe most people don’t understand taxes because the topic and how taxes are calculated is(are) so complicated to the point that people tune out. The second issue with taxes is that most people think they pay too much except for Warren Buffett. Finally, the people that set our taxes are influenced too much by political donations of the affluent and corporations.
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There is an excellent episode from An Arm and a Leg podcast about this https://armandalegshow.com/
Post: Keep an eye on Medigap policies
Link to comment from September 26, 2026
I thought the advice was to stay away from bond funds when rates are going up.
Post: Structuring Bonds
Link to comment from September 26, 2026
I could NOT disagree with you more. At the risk of sounding moronic, I need to point out that the U.S. “rich” pay some of the lowest tax rates in the world and enjoy tax breaks not found anywhere else. Also, at the risk of sounding left wing, every time there is a tax cut for the rich or corporations we are told that it won’t affect the deficit because of “trickle down economics” which has never been the case.
Post: What I think about taxes- all kinds of taxes
Link to comment from September 24, 2026
Thank you Elaine for your words. We all miss Jonathan and we thank you for keeping Humble Dollar going.
Post: It’s been one year
Link to comment from September 23, 2026
https://wapo.st/4xzka6H
Post: Two Fraudulent Attempts to Withdraw Funds in Two Days
Link to comment from September 22, 2026
Sorry please try again https://wapo.st/4xzka6H
Post: Two Fraudulent Attempts to Withdraw Funds in Two Days
Link to comment from September 22, 2026
Excellent article in Washington post https://www.washingtonpost.com/home/2026/09/21/how-protect-yourself-fraud-scammers/
Post: Two Fraudulent Attempts to Withdraw Funds in Two Days
Link to comment from September 22, 2026
Is the “carried interest” provision for the Ken Griffiths of the U.S. designated to motivate them to acquire more pied a terre(s)?
Post: What I think about taxes- all kinds of taxes
Link to comment from September 21, 2026
I believe most people don’t understand taxes because the topic and how taxes are calculated is(are) so complicated to the point that people tune out. The second issue with taxes is that most people think they pay too much except for Warren Buffett. Finally, the people that set our taxes are influenced too much by political donations of the affluent and corporations.
Post: What I think about taxes- all kinds of taxes
Link to comment from September 21, 2026
Mine will say clear with periods of napping.
Post: Little luxuries
Link to comment from September 20, 2026