We’ve had a huge week! My husband finally made a decision about his plans to work for the upcoming year, everything is almost finalized and we’ll be closing on our rental property next week, and there were some new developments with the loan modification that we’re considering pursuing.
Add those to the mountain of paperwork that it’s taking to pursue the new solar panels, and it feels like my financial to do list is growing at warp speed again!
Stay tuned over the next couple weeks and I’ll fill you in on all the details and financial impacts of each one….
On to the personal finance articles of the week. My favorite find this week is the Visual Guide to Tax Dollars. Words cannot explain this graph, you actually have to zoom in to see how powerful it is. It’s amazing to see our tax spending represented this way!
Credit Cards
- How Many Credit Cards Do You Carry?
- Fees Charged for Using Credit Cards to Pay Taxes are Deductible
- Business Mastercard Easy Savings: Get 5% Back on USPS Online Postage, Dunkin Donuts, & More
Housing
- My Tenant: “I’ve Lost My Job and I Can’t Pay You…”
- Is it Time to Switch to a Fixed Rate Mortgage?
- Your Home Office: Ideas To Set Up Your Place of Work
By the Numbers
- 10 Tips to Declutter Your Finances
- 5 Family Values To Teach Our Kids (And Our Bankers!)
- 3 Ways You Have Fun on the Cheap
- 12 Things Every Teenager Needs To Know About Money (And How To Teach Them)
And More!
- How Do You Know When You Have Enough?
- Taking Control of Your Life By Finding Balance
- My Mini and the Power of Saving
- Why I Spend
- Carnival of Personal Finance
- Carnival of Pecuniary Delights
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The interesting part is who pays. Just 10% of the highest income earners pay 70% of the taxes. If you add the employer burden and the corporation burden to the equation, it’s easy to see the “soak the rich” approach to paying for the government and it’s programs.
Since the government doesn’t create wealth, it only consumes it, at some point there will be a number of producers (like me) who decide to stop creating wealth because they’re tired of the tax burden. When that happens, it will be interesting to see where all the money comes from to keep the ever expanding government machine in operation.
Clair
April 23rd, 2009 at 2:18 pm
Holy cow, when I read, “words cannot explain this graph” I assumed you were exaggerating. Then I clicked the link. Holy cow. This is a great find–thank you!
April 26th, 2009 at 11:36 pm
Congrats on the rental property! it’s a lot of work, but very rewarding. It will be fun to see how it works out for you.
April 30th, 2009 at 9:21 am