We all know that Donald Trump won the presidency after Obama. During this time, Donald Trump’s net worth has tanked given the contentiousness of his presidency so far. This was a guest post that highlights the net worth of American presidential candidates. Today, Joe Biden is President and plans to raise taxes and push a […]
The Net Worths Of American Presidential Candidates Back In 2016 Read More »
With good intention, I proposed one way to help level the playing field through a Wealth Identification Program run by our all-powerful government. By identifying wealthy people who got wealthy through 100% luck (born into wealth), we could empower decision makers to make more informed choices when deciding between equally qualified candidates. Whether a decision maker chooses
When Did Being Rich Become So Evil? Read More »
When President Obama gave the State Of The Union Address at 6pm PST, I had just left the office to go eat some yummy butter chicken and garlic naan at Amber Restaurant in downtown San Francisco. I assume many other hard-working West Coasters missed the SOTU address as well. Alas, living through an East Coast centric TV
The State Of The Union Address 2015 Cheat Sheet Read More »
If you read my “Definitions Of A Middle Class Income” article, you’ll come across my theory that almost all of us identify as middle class, no matter how much we make. Post-pandemic, it’s even more important to stay in the middle class given the K-shaped recovery. Further, President Biden is focused on supporting the middle class
Who Is The Middle Class? We Are All Middle Class Citizens! Read More »
The one thing I wondered when reading that 100% of people who make over $500,000 are very happy is whether rich and powerful people WANT the middle class to stay poor. Popular media loves to report that money doesn’t buy happiness beyond a very average level of income. But it’s clear that the rich have successfully manipulated
Do The Rich And Powerful Want To Keep The Middle Class Down? Read More »
Everybody is worried about a fiscal cliff, so what the hell is it? In a nut shell, Bernanke coined the term in Feb 2012 as a way to describe massive spending cuts and tax hikes in January 2013 if there is no budget deal in Washington DC. Because the House is still controlled by the
Solutions To The Fiscal Cliff: Time To Start Investing? Read More »
For 2019, the US government is going through another shutdown because Trump wants a $5.6 billion for a wall and the Democratic controlled congress doesn’t want to pay for it. After a 21 day shutdown, the cost to the American tax payer is now $6 billion, or more than the cost of the wall. It’s
When Will The Government Shutdown And Furlough End? Read More »
For the first time since 1995, the US Government has finally shut down thanks to no agreement between the Democratic controlled Senate and the Republican controlled House in passing any federal spending bills for 2014. The key point of contention was the Republican party’s desire to prevent the Affordable Care Act (Obamacare) from happening. As
Implications Of A US Government Shutdown Read More »
It should come as NO surprise to long time Financial Samurai readers that the IRS admitted to targeting conservative groups since Obama became President. The government already discriminates against those who make over a certain amount by charging higher taxes even though they already pay for the majority of all taxes. Meanwhile, the deductions and
How To Avoid An Audit Based On Discrimination By The IRS Read More »
Despite mentally writing off the value of my Social Security benefits, in the bottom drawer in the way back of my cob-webbed mind, I know it will be there to fund my early bird special seafood buffets when I’m retired. Sure, the eligibility age for withdrawal might rise from 62 to 67, but we’re all
You Can Count On Social Security Benefits In Retirement Read More »
