Posted by Dave H (MI) on March 27, 2015 at 08:00:33 from (50.108.3.249):
In Reply to: Our Economy posted by John in La on March 27, 2015 at 06:41:36:
I have seen two W-2's this year with wages exceeding $1 million. I would say only about 1-2% of the returns this year have unemployment W-2 forms. Almost every middle class return I touch shows an increase in income of $10-15K. Dividends are up and Capital Gains are off the chart. Interest income is still low. On the low income returns, income is fairly static, not much by way of investment income. Just paying on the mortgage and taxes. The very low income folks still have no health insurance and are excluded from the penalty under the Affordable Care Act. Just some observations.
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Today's Featured Article - Gettin My Old Tractor Home - by Clayton Sweeney. My name is Clayton Sweeney. I am from Southern Maryland in a small town called Lothian. I am 20 and my father and I are the proud owner of a 1954 Allis Chalmers WD-45. When I was 18, I dated a girl in the next county over. Her family are tobacco farmers. It was a cold Thanksgiving evening, and we were going up to her Grandparents house. As we passed one of their barns, I noticed something orange in the corner of my eye in this old shed. It was pretty dark and I asked what it was
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