Wall St. Cheat Sheet: Are Your Income Taxes Fair?

With the official tax deadline in the rear view mirror, many Americans can now reflect on how much they paid Uncle Sam. If you feel like you are paying more than your “fair share,” you are not alone.

Unsurprisingly, Americans are losing faith in the fairness of income taxes. According to the latest Gallup survey, only 55 percent of Americans regard the income tax they pay as fair, the lowest reading since 2001. The results are based on Gallup’s Economy and Personal Finance poll and includes adults from all 50 states. It was conducted in the early part of April.

Click below for the full article.

http://wallstcheatsheet.com/stocks/are-your-income-taxes-fair.html/?ref=YF

CNBC Guide to Obamacare for Small Businesses

Even as you finish with this year’s taxes, if you’re a small-business owner experts say it’s time to look ahead to 2014, when the tax implications of the Affordable Care Act (ACA) begin to kick in.

“Just now, things are really sinking in that there is this employer responsibility,” said Amanda Austin, of the National Federation of Independent Business.

Under ACA, often called Obamacare, employers with 50 or more full-time workers face a mandate to provide insurance. It’s known formally as shared responsibility.

“You’re going to need somebody to do a thorough review of the impact on your business,” Austin said, because the new rules are complex.

For the complete article including more on the 50/30 rule, click the link below.

http://www.cnbc.com/id/100641995

 

Peter Schiff on CNBC About Gold Drop: We’re Headed To A Currency Crisis One Way Or Another

Video of Peter Schiff talking about potential currency crisis and his belief in Gold. Also below that is an older video of Peter Schiff on MSNBC debating policies of the FED as part of a panel. One thing to think about is the role of the Federal Reserve and whether it is good policy to inflate currency and print money out of thin air?