October 26, 2022
2023 Tax Brackets: You Might Owe the IRS Less Next Year
The IRS is significantly increasing the thresholds for income tax brackets in 2023 to adjust for the record- inflation the U.S. has experienced lately. And that means if your wages haven't kept up with skyrocketing prices, you may be taxed at a lower rate. The changes, unveiled Tuesday, apply to …
Capital Gains Tax on Home Sales
Do you have to pay capital gains tax on a home sale? That depends. You could owe capital gains tax if you sell a home that has appreciated in value …
What's a Home Worth? 5 Tips for Finding the Right Price
What's a home worth? The answer may depend on whether you're the buyer or the seller, but finding the right price can make both happy. Today's housing …
Retirement Costs You May Not Have Considered
Retirement planning involves identifying expenses, sources of income, and saving enough money to cover a certain percentage of your living expenses …
Consumer Spending is Soldiering On Despite Soaring Inflation
U.S. consumers have demonstrated a willingness to continue to pay higher prices in the face of a sluggish economy that could be tipped into a recession …
The Difference Between a Fixed-Rate and an Adjusted-Rate Mortgage
With mortgage interest rates hovering around 7%, more than double since the start of 2022, prospective homeowners are probably asking themselves how …
USA Today
Question Your Retirement: An Important Planning Step
If retirement is on your radar, no doubt you're hearing advice and recommendations from financial advisors, your spouse or partner, and well-meaning …
Household Are Spending $445 More a Month Due to Inflation
Inflation is causing American households to spend $445 more per month buying the same items they did a year ago, according to an estimate from Moody's …
"Look at the bright side. Earth could be destroyed by an asteroid before you retire."
Copyright © Randy Glasbergen
Shootout at the OK Corral
What Year
The Earp brothers face off against the Clanton-McLaury gang in a legendary shootout at the OK Corral in Tombstone, Arizona.
The day was Oct 26. What year was it?
Quote of the Week
"If the financial system collapses, it's really, really hard to put it back together again."
Henry Paulson
Who is the Italian statistician who published a 1912 paper on the income distribution of a nation's citizens and who has now given his name to a measurement of inequality?
See the answer below.

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