If You Know the Tax Law, You Can Also Pay Less Tax

Today, being an employee in America means paying half of the labor in taxes to the state. In fact, this rate is almost the same all over the world. There are no other tax options for employees. Before the employees receive their salaries, the state receives 24% of it. The only tax cut that the [...]

Don’t Be Afraid To Invest Your Money

Wealth Is Measured in Time Not Money "Wealth is the number of days a person can live without physically working and maintaining her standard of living." Let's say your monthly expenses are $ 1000. If you have $ 3000 in your savings account, your wealth means 3 months or 90 days. Wealth is measured in [...]

International Trade and Trade Barriers

When exchange is voluntary and free, both the buyer and the seller benefit. When you buy milk, the milkman earns money and you have milk without a cow. Voluntary free trade creates assets because it is mutually beneficial. Asset is the total value of everything owned. In an experiment conducted at the Foundation for Teaching [...]

Why You Need to Increase Your Financial IQ

The average American today works for six months to pay taxes. This is a very long time. The more one work, the more she pays the government. In this article, we'll take a look at how taxes work in favor of corporations and the rich, and then discuss the power and advantages of corporations. When the [...]

The Robin Hood Ideal

"Why don't the rich pay?" "The rich should pay more taxes and help the poor." "The only reason the poor survive so hard are the rich." We often hear about the idea of taking from the rich and giving it to the poor. When I hear such sentences, I think of Robin Hood. Robin Hood [...]

Taxes and Credit Debts

All over the world, taxes are rising steadily. Because the social demands in return for the tax charge require an increase in the value of wealth, income and sales taxes. Higher incomes cause taxpayers to enter even higher tax brackets. Thus, tax rates increase gradually to meet social services. Today, governments face serious problems with [...]