The Freedom Factory

U.S. Treasury Dept. considers converting loans to equity ownership in major U.S. banks…is this a backdoor to nationalization? Congressional push-back to Obama’s revenue raising plans is leaving $1 trillion gap in budget, Obama set to take on credit card companies for charging interest rates that he considers too high, the U.S. Energy Secretary warns that some Caribbean islands will disappear because of Global Warming, and China issues another condemnation of U.S. economic policies…threatens to diversify currency reserves out of USD… Continue Reading

The age of banking secrecy coming to an end, climate scientist warns that billions will die, U.S. trade deficit contracts along with trade, Russians steal yet another foreign company’s assets, Mexican drug lord makes Forbes’ billionaires list, road to nowhere to take 26 years and $1.5 billion, California considers legalizing marijuana…just the latest in your Freedom Under Fire report! Continue Reading

White House budget found to have “fuzzy math” on war estimates, new role for federal government to provide broadband Internet, U.S. gives Palestinians $900 million, Harvard economist says bailing out homeowners is a mistake, 4th Obama appointee found evading taxes, bank Nationalists look to Sweden, temporary nationalization of mortgage industry now permanent, 1 in 31 adults behind bars in U.S., Australia leaves benchmark rate unchanged, and Bush memos claim unfettered rendition powers…just the latest in your Freedom Under Fire Report! Continue Reading

If you ask ten people what their tax bracket is, I would be surprised if two people could actually give you the correct response. Since federal law mandates that income taxes are withheld from each paycheck, people are often unaware of the percent of taxes that they pay to the federal government.  Include state taxes, deductions, credits, exemptions, and refunds into the mix, and the issue becomes even murkier.  However, being keenly aware of your tax bracket can save you thousands of dollars each year- adding up to big bucks over a lifetime.

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