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A survey conducted by Wallet Hub, a personal financial planning website, found that most Americans don't like taxes and think they're unfairly structured, according to CNBC. The survey asked about 1,000 Americans across the country what state and local tax rate they think would be fair for different income groups and then compared the results to the actual state and local tax rates.
Few businesses today offer pensions, with most private sector workers instead having something like a 401(k). What happened? One paper from the Wharton School of Business offers a theory: the shareholders happened.
The small business landscape is littered with the broken bonds of well meaning friends and lovers who thought that their strong social bond would become an asset in a shared venture, versus the liability it became. Considering that money is among the most common things married couples fight about, is it any wonder that starting a business--which, just so we're clear, involves money--can quickly turn best friends into bitter foes?
It costs more than a cent to make 1 cent. Specifically, 1.6 cents, according to the news site Quartz, and this is an improvement over a few years ago when a penny cost 1.8 cents to mint, leading some to revisit the debate about whether the time is finally right to get rid of the penny once and for all. Driving the new debate, said Quartz, is the rising price of zinz.
Computers have come a long way from the days of punch cards and vacuum tubes. Today, all the computing power that was needed to put humans on the moon is dwarfed by the everyday technology of the smart phone. As the economy becomes more and more computer-driven, what implications does this have on financial executives in the c-suite?
Things about the size of China:
While cash might be going out of style in today's plastic-heavy world, that doesn't mean those dollar bills that are, according to statistics, probably not in your wallet don't still have at least a few years left in them. An article in Forbes shows about how much time a bank note remains in circulation.
Samuel A. Dyckman, a longtime accounting professor at Baruch College and the recipient of the 2011 Dr. Emanuel Saxe Outstanding CPA in Education Award, has died at the age of 92, according to Accounting Today.