Previously I wrote an article about Locavesting, an investing term used to describe investing in small businesses. As a small business owner, I have a vested interest in the capital markets for small businesses. As an investor, I have a (potentially) larger stake in the rules, regulations, and tax laws that government small business development. [...]
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Lowering corporate income taxes in the United States is never very popular, yet US corporate tax rates are some of the highest in the world at 35%. I blame this partially on the media, which publishes stories on issues like General Electric’s low 2010 tax bill. There exist two reasons why companies do not pay [...]
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American Express launched a new payment service called Serve to compete with PayPal in the online payments space. Just like PayPal, the company is also giving away $10 to anyone who opens any account. It literally took me all of 60 seconds to open an account, click a link in my email, and then request [...]
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The personal finance equation is quite simple: assets must grow faster than liabilities. No matter how simple the concept, we simple humans make it complicated. We’re exceptionally good at making easy things hard. In my view, one of the biggest dangers to our finances is confusing assets and liabilities. It happens far more than it [...]
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