If You Think Your Tax Rate is Only 15%, Think Again!

Everyone breathed a sigh of relief when the tax cuts were extended at the end of last year for another two years.  Although it is good for real estate investors that the maximum federal capital gains rate will remain at 15% for the next two years, savvy investors know that they really pay much more … Read more

General Knowledge Pt. XVIII

  What is uranium dating? Uranium dating is one of the ways of determining the age of ancient objects, even one million years old, by measuring how much of the following are present in them: the amount of radioactive isotopes of uranium, and the amount of other materials into which the radioactive isotopes would decompose. … Read more

International Monetary Fund – Kill or Cure

This was the title of the cover page of the prestigious magazine, “The Economist” in its issue of 10/1/98. The more involved the IMF gets in the world economy – the more controversy surrounds it. Economies in transition, emerging economies, developing countries and, lately, even Asian Tigers all feel the brunt of the IMF recipes. … Read more

Anti Poverty

                        Anti Poverty in USA                                              Even the wealthiest nation in the world like the United States does not escape the problem of poverty. This paper takes a critical look at poverty and anti-poverty policies in the United States. In this paper, I have argued that poverty is caused by several … Read more