Posts tagged ‘taxes’

OPINIONS & OBSERVATIONS

A LOOK INTO THE FUTURE, PERHAPS
I know, I know, this blog is meant to benefit writers on trying to get published. But there is so much ‘stuff’ going on in our country that I find it difficult to concentrate on this blog’s purpose, and for that matter, on this country’s current purpose.
I will return with information for writers. I promise. But I cannot ignore what is happening to the country I love, why it is happening and what the future may hold.

Shortly after the new tax bill was passed, I read or heard a prediction. Unfortunately I cannot quote the source. But the prediction was you would be able to tell which companies were using the new-found wealth to benefit their company and improve the economy. You could also identify the companies who didn’t give a shit about the economy or their workers. There only aim was to benefit the stock holders by buying back their stock.
The information that follows is from an article written by Stan Choe of the Associated Press. I read the article in the Daily Local New, a Pennsylvania paper 6/28/18. In this article he states:
“Stock repurchases hit 189.1 billion dollars in the first quarter for S&P 500 according to preliminary results from S&P Dow Jones Indices. That tops the prior record of 171.9 billion set during the summer of 2017, just before the Great Recession struck.”
There is a great deal more information in the article, and if you are interested in this country’s future, check it out.
This country has become a fiction which I cannot believe.
I tried to find the article to include in this piece. It’s like it disappeared.

 

June 30, 2018 at 9:41 pm 1 comment

POEMS & FLEETING THOUGHTS

                                     IN THE END, WHO SHOULD PAY?

 

Here I go again, off topic. But I’ll get back, eventually. It’s just that our world is changing so quickly that I must take notice.

I feel we are no longer citizens of this great country, but pawns subject to the musings of those in power who are subject to the money of those with vast amounts of money.

Here goes a radical change in topic, if you keep up with what is happening, you may think I am presidential material?

These days the news is alive with stories of sexual harassment. Respected figures, and some less respected, are falling right and left. And of course, lawyers are licking their chops.

My question is: When the employers pays the fine for the employee, at times many millions of dollars, shouldn’t that money be considered income for the employee and taxed? This may seem petty but I think we should speak whenever we have thoughts concerning the changing values of this world we call home.

I have no knowledge of tax laws, just opinions.

What do you think of these musings?

December 2, 2017 at 10:47 pm 1 comment


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