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Personal Finance By The Book

Personal Finance By The Book

Why America Is Doomed to Debt

November 22, 2010 by Joe Plemon 19 Comments

Fixing the national debt is not about politics or economics; it is about human nature.

Filed Under: Debt, Economy, social security, Taxes

The Fair Tax: Is It Too Good To Be True?

April 7, 2010 by Joe Plemon 22 Comments

Close your eyes and dream for a moment. Ready? OK. The IRS was just dissolved. No more federal income taxes. No Social Security/Medicare taxes either. Or capital gains taxes or gift taxes or estate taxes or self-employment taxes or corporate taxes. Could this ever become a dream come true? If the advocates for the Fair […]

Filed Under: Dollars and Sense, Taxes

Income Tax Basics: They Really Are Simple

September 22, 2009 by Joe Plemon 4 Comments

photo credit: piermario “Where,” you are thinking, “does Joe get the audacity to think he can explain taxes in a few sentences?” Good question, but stick with me. The key word here is “basics”. I believe that if you can understand three concepts: Federal Tax Brackets, Standard Deductions and Personal Exemptions, you can understand the […]

Filed Under: Taxes

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