How do 9 states get by with no income tax? A tax expert explains the trade-offs they choose

Story by Caroline Bruckner, American University Kogod School of Business, The Conversation, 9/14/24 SOURCE: https://www.msn.com/en-us/money/taxes/how-do-9-states-get-by-with-no-income-tax-a-tax-expert-explains-the-trade-offs-they-choose/ar-BB1qxV5T?ocid=msedgntp&pc=U531&cvid=1c51da536a6d46409386f87961ccf234&ei=160 EDITORIAL: “When residents choose to live in a state, they…

Social Security Benefit Cuts Are Coming: Here’s the Timeline of How We Got Here and the Forecast of When These Cuts May Take Place

Story by Sean Williams, The Motley Fool, 9/8/24 SOURCE: https://www.msn.com/en-us/money/retirement/social-security-benefit-cuts-are-coming-here-s-the-timeline-of-how-we-got-here-and-the-forecast-of-when-these-cuts-may-take-place/ar-AA1qbJF2?ocid=msedgntp&pc=U531&cvid=d2a8045d49f94d2c9f67f3958b728b13&ei=58 For most retired Americans, Social Security is a vital income source without which they’d struggle…

Bill Gates said if he were in charge of the US tax system he’d have paid ‘tens of billions’ more

Story by Joshua Nelken-Zitser, Business Insider, 9/6/24 SOURCE: https://www.msn.com/en-us/money/personalfinance/bill-gates-said-if-he-were-in-charge-of-the-us-tax-system-he-d-have-paid-tens-of-billions-more/ar-AA1q6OqN?ocid=msedgntp&pc=U531&cvid=b85ca7fa70264f1ebb8e0589f0890bf2&ei=253 EDITORIAL: Notice who he DIDN”T mention: churches and families as a source of philanthropy and grace.…

Opinion: How to fix America’s federal finances

Opinion by David M. Walker, The Hill SOURCE: https://www.msn.com/en-us/money/personalfinance/opinion-how-to-fix-america-s-federal-finances/ar-AA1p8IgJ?ocid=msedgntp&pc=U531&cvid=052cbf9d4cdb4604a07eca853c62d458&ei=79 The federal government is now at record levels of both total debt-to-GDP and mandatory spending as a percentage…

A shortage of young men in the workforce could weigh on housing, Social Security, and growth for years to come

Story by Jennifer Sor, Business Insider, 8/31/24 SOURCE: https://www.msn.com/en-us/money/markets/a-shortage-of-young-men-in-the-workforce-could-weigh-on-housing-social-security-and-growth-for-years-to-come/ar-BB1nTJ6g?ocid=msedgntp&pc=U531&cvid=17565414f7e8473a9ed8972aca0184d7&ei=212 America’s job market is mysteriously short of young men. It’s a trend experts say will drag on…

This retirement expert says the US is ‘past the point where we can fix Social Security by cutting benefits’ — here’s what she’s recommending instead

Story by Bethan Moorcraft, 8/29/24 SOURCE: https://www.msn.com/en-us/money/retirement/this-retirement-expert-says-the-us-is-past-the-point-where-we-can-fix-social-security-by-cutting-benefits-here-s-what-she-s-recommending-instead/ar-AA1pDEIg?ocid=msedgntp&pc=U531&cvid=889d5f37025a44aabc841182e0bfea1d&ei=18 The Social Security system in the United States is in deep trouble. The grand coffers that fund the…

I’m a Financial Planner: 4 Things That Could Happen If Trump Eliminates Social Security Tax

GOBankingRates, 8/24/24 SOURCE: https://www.msn.com/en-us/money/retirement/i-m-a-financial-planner-4-things-that-could-happen-if-trump-eliminates-social-security-tax/ar-AA1pm1ld?ocid=msedgntp&pc=U531&cvid=19637dd95a8443df8f9c01f35d08aab9&ei=26 As we edge closer to the November 5, 2024 presidential general election, both candidates continue to sprinkle their campaign appearances and social…