Many inventors overlook free or nearly free resources that are right under their noses: nearby schools and universities. Schools have marketing and business departments and they are constantly on the lookout for projects in which to involve the students. The marketing department of a nearby university can be an extremely valuable yet inexpensive resource for [...]
Posts Tagged ‘banking’
Then there is the question of volatility
Mutual funds are diversified. Diversification is supposed to create steady returns. I simply do not believe it does. Mass psychology reigns in mutual fund investing. By definition, a mutual fund is a herd of mindless investors led by an adored mutual fund manager. Mutual fund complexes promote their newest and hottest fund. Investors pour cash [...]
Requiring Local Taxes
States can effectively mandate local taxes by making eligibility for state aid contingent on local governments levying them. For example, Florida requires local governments to levy certain gasoline taxes and Arkansas requires local income taxes in some school districts. Such moves can become quite elaborate. For example, in the 1990s, California: (1) allowed its temporary [...]
Property Taxes
A high percentage of legislators and governors have expressed a desire to cut property taxes, which are the least popular of the three major tax sources — income, property and sales. Several states — notably South Carolina, South Dakota, and Wisconsin — have financed large rollbacks of property taxes with state revenues. Many states have [...]