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Archives for March 2024

Iceberg Ahead!

March 27, 2024 by Bill Bourbonnais

We’re adding a trillion dollars to the national debt every hundred days now. So this week, let’s take a look at some new ideas for bringing home some bacon without making Form 1040 even more unbearable.

Filed Under: taxes Tagged With: deficit, national debt, tax, tax reduction, tax savings, tax strategy, taxes, wealth tax

Irish For a Day

March 19, 2024 by Bill Bourbonnais

Less than a century ago, alcohol was illegal. But when the Great Depression hit, Uncle Sam needed money more than morals, and in 1934, the 21st Amendment re-opened the door to federal beer taxes. The challenge back then was setting rates high enough to be worthwhile but low enough to let legal producers compete with bootleggers. Congress settled on $5 per barrel of beer – roughly $115 in today’s dollars or about 46 cents per pint.

Filed Under: taxes Tagged With: tax, tax reduction, tax savings, tax strategy, taxes

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