ACCOUNTANT HELP: if working outside the US, how is the taxes thing?
ACCOUNTANT HELP: if working outside the US, how is the taxes thing? Hello: My aunt lives in the US and I she runs a store online for Argentina. Sells clothes and shoes that she buys from US stores and then send them to that country. 100% of her clients are in Argentina and they pay in the local currency in bank accounts in that country. Then she withdraws the money from any ATM machine in the US using an Argentinian debit card and make deposits in dollars into her US bank account. She says, she pays taxes accordingly in Argentina. QUESTION IS: DOES SHE NEED TO DO TAXES IN THE US? HOW CAN ISHE EXPLAIN THE NATURE OF THE BUSINESS? SHE WANT TO KNOW IF EVERYTHING IS BEING DONE LEGALLY AND WHAT ARE THE US TAXES PROCEDURES IF ANY. SHE HAS TO PAY TAXES IN BOTH COUNTRIES? UNDER WHAT LAW? ANY RESPONSE IS WELCOME!!
United States - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
if she is a US citizen she is taxed on world wide income if she lives in the US but is not a citizen she will file as a resident alien and pay US Taxes, as well as her Argentina taxes
2 :
She's not working outside of the US. The fact that she's targeting Argentine customers is irrelevant. She files her tax return exactly the same as she would if she sold to US customers or ran a brick-and-mortar store. She files Form 1040 and attaches Schedule C to calculate her self-employment income. If the net profit is over $400, she attaches Schedule SE to calculate the self-employment tax. It's unlikely that she has to pay income taxes in Argentina unless she is an Argentine citizen and Argentina taxes their citizens world-wide income regardless of where they live. (The US does the same thing though most countries do not.) If she does pay Argentine income taxes, she would claim a credit for those using Form 1116. The credit would be the lesser of the Argentine income taxes paid or the tax that the US would have collected on that income. As a result she'll pay income taxes at the higher of the two countries' rates; she is not double-taxed on the income.
Saturday, April 28, 2012
Saturday, April 14, 2012
Hasn't this World Cup been brilliant?
Hasn't this World Cup been brilliant?
I’ve been saying for years that a video ref should be used in football and this WC has been brilliant in proving that. IFAB, Sepp Blatter and his FIFA cronies are not interested. Their reasons are fears about effects on the game's universality, fans who love debating incidents, the cost and fear of extended use of technology, loss of the human element and interference with the flow of the game. So let’s look at them: The game’s universality. The introduction of technology isn’t going to stop kids kicking a ball about in the park. There is already a huge gulf between that and playing in front of 80,000 people for a major trophy. Technology won’t alter that. Fans who love debating incidents. Technology won’t stop debates. It will add to them. There’ll be a fair bit of “Ooh, the ref should never have gone upstairs for that one†and “How can he not go to the video ref for that?†in addition to all the debate on incidents where a video ref would not have been an option. The cost and fear of technology. When did FIFA’s vast wealth suddenly disappear? And when did they suddenly lose the ability to find sponsors for everything remotely connected to football? More to the point, how much do they think it’s going to cost? A video ref just needs a live feed from the cameras that the broadcasters already have at the games and access to the intercom that the referee already wears. The technology is already in place, it’s already being used and it’s already influencing games. Loss of the human element. Anything shown by technology has to be decided on by a human and whatever the video ref recommends, the final decision will still stay with the pitch ref. The flow of the game. Presumably this means worries about stopping the game continually to look at replays. When you bring in video refs, you specify when the pitch ref can use him and in all other cases the video ref has no say and therefore doesn’t alter the flow of the game. I would suggest that close offside decisions leading to a goal and penalty-box incidents leading to a goal, serious infringement or serious injury could be referred to a video ref but most other things could be excluded. This would mean no more than 3 or 4 incidents in most games and none at all in some (Spain-Germany last night only had one incident where a video ref might have been used and the pitch ref we had probably wouldn’t have used him even for that). If we therefore accept that technology has to be used, we have to decide what sort of technology and how we use it. Goal-line technology: Lampard’s goal proves the need for that. Offside decisions: Argentina’s first goal against Mexico Penalty box incidents: Spain’s retaken penalty against Paraguay and the foul on Fabregas. I have to confess I’m not a great fan of goal-line technology as it would only be used rarely, it still isn’t able to give a rock-solid answer in the tight decisions (ie most of them), it would be the most expensive to install and it would be the least adaptable. All the commentators and pundits took one look at one replay of Lampard’s “goal†and agreed that it should have stood and a video ref would do the same. Why not make it part of his duties and save the cost of cameras in the goalposts or chips in the balls? Argentina’s first goal against Mexico was shown as being offside before they’d had the chance to restart the match. A video ref would do the same. A video ref would also have picked up the foul on Fabregas and the need for another penalty after no more than two replays. So bring in video refs and you have fairer matches without loss of time or money and the pitch ref still has control. Unfortunately, the only way FIFA and IFAB seem likely to change their minds is if the final of their showpiece tournament (ie the match on Sunday) is decided by a goal from an offside position scored by someone wrongly allowed to stay on the pitch after a second bookable offence (don’t mock, I’ve seen it happen) who’s just committed a red-card foul that nobody’s noticed. I’m not optimistic.
FIFA World Cup(TM) - 5 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Nope SHIT. Goal line technology and better refs are needed...
2 :
i was going to answer this question with "yeah this world cup rocks" but looking at this looong question.. i can see this is a question for a really terrifying kinda sports fan! :P
3 :
If FiFA is serious about adding refs to sit on a folding chair by the goals why is it not implemented now and immediately? I still believe that the refs' union holds the trump card. Why would they want change? I had an argument online with a guy who said he refs - about refs being corrupt. He says they aren't and i say they are. A German friend of mine has a son who refs and he has been approached each and every game with offers to ignore fouls by such and such player! Even in minor leagues when he first started !
4 :
As Homer Simpson might say "Mistakes were made". The introduction of technology in the goals is long overdue, as is Seth Blatters retirement! I would go further than just having goalline cameras and have "Robo Refs" who could instantly cull any dissenting or cheating unsporting types. Spitting on the pitch would be penalized by a kneecapping!!!! No more red or yellow cards just instant vaporisation!!
5 :
The FIFA has a very traditionalist stance and is delayed. I also support the chip in the ball. As for replay, I think it isn't feasible, but would rather have a video to the fourth referee to accompany the game and pass the information via radio to the referee on the pitch. The FIFA needs to train more referees and assistants. There was a ludicrous failure at this World Cup, but even so, football is a sport very exciting. There's an urgent need for change. Have much money involved to let FIFA reach this level so low. And one more thing, make the World Cup in Brazil is a bad idea.
I’ve been saying for years that a video ref should be used in football and this WC has been brilliant in proving that. IFAB, Sepp Blatter and his FIFA cronies are not interested. Their reasons are fears about effects on the game's universality, fans who love debating incidents, the cost and fear of extended use of technology, loss of the human element and interference with the flow of the game. So let’s look at them: The game’s universality. The introduction of technology isn’t going to stop kids kicking a ball about in the park. There is already a huge gulf between that and playing in front of 80,000 people for a major trophy. Technology won’t alter that. Fans who love debating incidents. Technology won’t stop debates. It will add to them. There’ll be a fair bit of “Ooh, the ref should never have gone upstairs for that one†and “How can he not go to the video ref for that?†in addition to all the debate on incidents where a video ref would not have been an option. The cost and fear of technology. When did FIFA’s vast wealth suddenly disappear? And when did they suddenly lose the ability to find sponsors for everything remotely connected to football? More to the point, how much do they think it’s going to cost? A video ref just needs a live feed from the cameras that the broadcasters already have at the games and access to the intercom that the referee already wears. The technology is already in place, it’s already being used and it’s already influencing games. Loss of the human element. Anything shown by technology has to be decided on by a human and whatever the video ref recommends, the final decision will still stay with the pitch ref. The flow of the game. Presumably this means worries about stopping the game continually to look at replays. When you bring in video refs, you specify when the pitch ref can use him and in all other cases the video ref has no say and therefore doesn’t alter the flow of the game. I would suggest that close offside decisions leading to a goal and penalty-box incidents leading to a goal, serious infringement or serious injury could be referred to a video ref but most other things could be excluded. This would mean no more than 3 or 4 incidents in most games and none at all in some (Spain-Germany last night only had one incident where a video ref might have been used and the pitch ref we had probably wouldn’t have used him even for that). If we therefore accept that technology has to be used, we have to decide what sort of technology and how we use it. Goal-line technology: Lampard’s goal proves the need for that. Offside decisions: Argentina’s first goal against Mexico Penalty box incidents: Spain’s retaken penalty against Paraguay and the foul on Fabregas. I have to confess I’m not a great fan of goal-line technology as it would only be used rarely, it still isn’t able to give a rock-solid answer in the tight decisions (ie most of them), it would be the most expensive to install and it would be the least adaptable. All the commentators and pundits took one look at one replay of Lampard’s “goal†and agreed that it should have stood and a video ref would do the same. Why not make it part of his duties and save the cost of cameras in the goalposts or chips in the balls? Argentina’s first goal against Mexico was shown as being offside before they’d had the chance to restart the match. A video ref would do the same. A video ref would also have picked up the foul on Fabregas and the need for another penalty after no more than two replays. So bring in video refs and you have fairer matches without loss of time or money and the pitch ref still has control. Unfortunately, the only way FIFA and IFAB seem likely to change their minds is if the final of their showpiece tournament (ie the match on Sunday) is decided by a goal from an offside position scored by someone wrongly allowed to stay on the pitch after a second bookable offence (don’t mock, I’ve seen it happen) who’s just committed a red-card foul that nobody’s noticed. I’m not optimistic.
FIFA World Cup(TM) - 5 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Nope SHIT. Goal line technology and better refs are needed...
2 :
i was going to answer this question with "yeah this world cup rocks" but looking at this looong question.. i can see this is a question for a really terrifying kinda sports fan! :P
3 :
If FiFA is serious about adding refs to sit on a folding chair by the goals why is it not implemented now and immediately? I still believe that the refs' union holds the trump card. Why would they want change? I had an argument online with a guy who said he refs - about refs being corrupt. He says they aren't and i say they are. A German friend of mine has a son who refs and he has been approached each and every game with offers to ignore fouls by such and such player! Even in minor leagues when he first started !
4 :
As Homer Simpson might say "Mistakes were made". The introduction of technology in the goals is long overdue, as is Seth Blatters retirement! I would go further than just having goalline cameras and have "Robo Refs" who could instantly cull any dissenting or cheating unsporting types. Spitting on the pitch would be penalized by a kneecapping!!!! No more red or yellow cards just instant vaporisation!!
5 :
The FIFA has a very traditionalist stance and is delayed. I also support the chip in the ball. As for replay, I think it isn't feasible, but would rather have a video to the fourth referee to accompany the game and pass the information via radio to the referee on the pitch. The FIFA needs to train more referees and assistants. There was a ludicrous failure at this World Cup, but even so, football is a sport very exciting. There's an urgent need for change. Have much money involved to let FIFA reach this level so low. And one more thing, make the World Cup in Brazil is a bad idea.
Saturday, April 7, 2012
When I am 22, I plan on getting married, and moving to China...to escape the United States. Yay?
When I am 22, I plan on getting married, and moving to China...to escape the United States. Yay?
I just turned 21, but still have two years of college. I was an exchange student in a middle-class family in high school, and they had a maid (it was in Chile) who did all the housework, cooking, cleaning, shopping, and even told stories. I am a business student, and many of my Indian classmates/coworkers have maids who also do what the maid in Chile did. My boyfriends family is from China, and he said the same thing. I am young, attractive, and love (older) asian men/food, new languages/new cultures. I realized I dont want to work 9-5 for most of my life. You get up when the sun is just coming out and then work. You get off when the sun just went down, and have to still do shopping/chores/cooking...and gawsh forbid u have kids/pets. My goal before was to work at Google or Yahoo! (I live in the silicon valley anyways). But I realized you dont have to work...So I may work for a few years in the United States (until I am 26 at the oldest), but then I will invest it properly and start my life in China (or someplace). I am already very familiar with the Chinese culture, as well as the Chilean one...so my first choice is to move to China (or somewhere with an easy life-style in Asia), and my second is to move back to Chile (or Argentina etc). Us typical citizens of the United States work so hard...and we dont even get free health-care...In fact, we work some of the longest hours in the world (PLUS, you have to keep in mind, although Japan/South Korea supposedly work long hours, this counts the hours they spend on lunch, playing games, going out drinking...I know this for a fact)! Our housing is expensive (in nice areas, ex. my house growing up was $500,000 and that was cheap for the area), maids are abnormal, work is long/hard (other countries sit back and simply watch our music and movies...then add a couple of their own). Also, there is too much "keeping up with the Jonses." I feel like this is really what I want to do. I already learned a lot of run-arounds so I can make my credit score super high without a credit card etc. and how to double my money. I also have lots of connections in the countries I am interested in. Im curious what your thoughts are on this...would you ever consider it? Americans have some of the worst cases of depression, illness, etc...out of the developed countries. Our schools are actually very hard in comparison to what many of us believe. Why live this life? Work until you die from exhaustion on your desk...most of your money going to food/rent/transportation. Get off work, have to do all the chores, cook, clean, take care of kids. If you get to retire, you have health problems/arthritis... Seriously, what do you think of my plan. Does anyone else have similar thoughts/ideas for themselves? Thanks. I just wanted to add: the US media lies about China. Girls are respected and have lots of power. Many Chinese guys treat their wives like gold. Also, the one child policy only applies to the poor. If you have money, you can just pay the govt off. Many men have affairs lol. I would say Japanese salary men have the most. Chinese are more faithful, and the media is totally playing things up. i swear lol. i know plenty of ppl from their (mandarin and cantonese...even malaysian haha) xP ok, u ppl can have fun believing the US media haha. Have fun in suburbia-land or wherever lol. Believing the Us government is not corrupt FWA HA HA ;)
Marriage & Divorce - 8 Answers
Random Answers, Critics, Comments, Opinions :
1 :
tl;dr. Good luck.
2 :
I think your plan is kind of silly. You do know that many Chinese men have affairs don't you? It can't be all about money!
3 :
So ok go. I knew a chinese woman, a doctor she is, a pediatrician. her husband is a successful business man, his work even supplies him with an apt in Europe but in China they live in a dumpy apt, big deal they have a maid, they don't even own a car. Woman get abortions in the 9'th month in china, they are heathens. no the media does not lie about china, the couple i know only has one child, he became a Christian and moved to England.
4 :
Try philippines. its cheap there if your bored check out my site:) http://boredboredsuper.yolasite.com/
5 :
WOW, really. Just the last 2 sentences are enough to make me want to move now. QUOTE "Also, the one child policy only applies to the poor. If you have money, you can just pay the govt off." Guess it really sucks being poor over there. Your logic is flawed. You say that the media lies but yet China blocks parts of the internet that they don't want their people seeing? Or they just kick like ummm, google out for not playing the Communist game? Not to mention the reports of men with hammers going into the schools there and bludgeoning kids to death? Guess it not all that bad there, so much better than all the freedoms we have here. /sarchasm Good luck and hope you have fun.
6 :
send me your address and I will send you 5 buck so you can leave
7 :
"So ok go. I knew a chinese woman, a doctor she is, a pediatrician. her husband is a successful business man, his work even supplies him with an apt in Europe but in China they live in a dumpy apt, big deal they have a maid, they don't even own a car. Woman get abortions in the 9'th month in china, they are heathens. no the media does not lie about china, the couple i know only has one child, he became a Christian and moved to England." in china, doctor is very rich in general, and own a car is not a big deal in china, actually too many cars in china so ppl donnt like to own one coz bad transport :(
8 :
If you want to be a gold digger go for it. I have no problem with your plan, in fact you're my HERO. I love money. You don't have to "whore" yourself out though. The truth is, you don't have to work hard in the USA. It's so easy to be a millionaire in the USA. We have a higher standard of living because we work off the backs of the Chinese. And also by "stealing" labor from third world countries. All media and all governments are corrupt, doesn't matter what country it is. Your money talk makes you HOTT. I'm a big time money schemer. I'm always thinking of plans to rake in the cash. Good Luck.
I just turned 21, but still have two years of college. I was an exchange student in a middle-class family in high school, and they had a maid (it was in Chile) who did all the housework, cooking, cleaning, shopping, and even told stories. I am a business student, and many of my Indian classmates/coworkers have maids who also do what the maid in Chile did. My boyfriends family is from China, and he said the same thing. I am young, attractive, and love (older) asian men/food, new languages/new cultures. I realized I dont want to work 9-5 for most of my life. You get up when the sun is just coming out and then work. You get off when the sun just went down, and have to still do shopping/chores/cooking...and gawsh forbid u have kids/pets. My goal before was to work at Google or Yahoo! (I live in the silicon valley anyways). But I realized you dont have to work...So I may work for a few years in the United States (until I am 26 at the oldest), but then I will invest it properly and start my life in China (or someplace). I am already very familiar with the Chinese culture, as well as the Chilean one...so my first choice is to move to China (or somewhere with an easy life-style in Asia), and my second is to move back to Chile (or Argentina etc). Us typical citizens of the United States work so hard...and we dont even get free health-care...In fact, we work some of the longest hours in the world (PLUS, you have to keep in mind, although Japan/South Korea supposedly work long hours, this counts the hours they spend on lunch, playing games, going out drinking...I know this for a fact)! Our housing is expensive (in nice areas, ex. my house growing up was $500,000 and that was cheap for the area), maids are abnormal, work is long/hard (other countries sit back and simply watch our music and movies...then add a couple of their own). Also, there is too much "keeping up with the Jonses." I feel like this is really what I want to do. I already learned a lot of run-arounds so I can make my credit score super high without a credit card etc. and how to double my money. I also have lots of connections in the countries I am interested in. Im curious what your thoughts are on this...would you ever consider it? Americans have some of the worst cases of depression, illness, etc...out of the developed countries. Our schools are actually very hard in comparison to what many of us believe. Why live this life? Work until you die from exhaustion on your desk...most of your money going to food/rent/transportation. Get off work, have to do all the chores, cook, clean, take care of kids. If you get to retire, you have health problems/arthritis... Seriously, what do you think of my plan. Does anyone else have similar thoughts/ideas for themselves? Thanks. I just wanted to add: the US media lies about China. Girls are respected and have lots of power. Many Chinese guys treat their wives like gold. Also, the one child policy only applies to the poor. If you have money, you can just pay the govt off. Many men have affairs lol. I would say Japanese salary men have the most. Chinese are more faithful, and the media is totally playing things up. i swear lol. i know plenty of ppl from their (mandarin and cantonese...even malaysian haha) xP ok, u ppl can have fun believing the US media haha. Have fun in suburbia-land or wherever lol. Believing the Us government is not corrupt FWA HA HA ;)
Marriage & Divorce - 8 Answers
Random Answers, Critics, Comments, Opinions :
1 :
tl;dr. Good luck.
2 :
I think your plan is kind of silly. You do know that many Chinese men have affairs don't you? It can't be all about money!
3 :
So ok go. I knew a chinese woman, a doctor she is, a pediatrician. her husband is a successful business man, his work even supplies him with an apt in Europe but in China they live in a dumpy apt, big deal they have a maid, they don't even own a car. Woman get abortions in the 9'th month in china, they are heathens. no the media does not lie about china, the couple i know only has one child, he became a Christian and moved to England.
4 :
Try philippines. its cheap there if your bored check out my site:) http://boredboredsuper.yolasite.com/
5 :
WOW, really. Just the last 2 sentences are enough to make me want to move now. QUOTE "Also, the one child policy only applies to the poor. If you have money, you can just pay the govt off." Guess it really sucks being poor over there. Your logic is flawed. You say that the media lies but yet China blocks parts of the internet that they don't want their people seeing? Or they just kick like ummm, google out for not playing the Communist game? Not to mention the reports of men with hammers going into the schools there and bludgeoning kids to death? Guess it not all that bad there, so much better than all the freedoms we have here. /sarchasm Good luck and hope you have fun.
6 :
send me your address and I will send you 5 buck so you can leave
7 :
"So ok go. I knew a chinese woman, a doctor she is, a pediatrician. her husband is a successful business man, his work even supplies him with an apt in Europe but in China they live in a dumpy apt, big deal they have a maid, they don't even own a car. Woman get abortions in the 9'th month in china, they are heathens. no the media does not lie about china, the couple i know only has one child, he became a Christian and moved to England." in china, doctor is very rich in general, and own a car is not a big deal in china, actually too many cars in china so ppl donnt like to own one coz bad transport :(
8 :
If you want to be a gold digger go for it. I have no problem with your plan, in fact you're my HERO. I love money. You don't have to "whore" yourself out though. The truth is, you don't have to work hard in the USA. It's so easy to be a millionaire in the USA. We have a higher standard of living because we work off the backs of the Chinese. And also by "stealing" labor from third world countries. All media and all governments are corrupt, doesn't matter what country it is. Your money talk makes you HOTT. I'm a big time money schemer. I'm always thinking of plans to rake in the cash. Good Luck.
Sunday, April 1, 2012
well tell me how you would put it? :) paper due tomorrow on troopscoming back from iraq?
well tell me how you would put it? :) paper due tomorrow on troopscoming back from iraq?
Due to the aging of the baby boom generation along with increased average life spans of American citizens, the current system of social security is headed for bankruptcy, meaning it will no longer generate the funds necessary to meet its obligations to retirees. Democrats and Republicans debate the actual timing of this insolvency, but no one disputes the fact that changes must be made eventually to keep the system going. Because the system is severely under-funded, one of two courses must be made at some point: 1) raise taxes to increase revenue generated, or 2) cut back on benefits paid out. President Bush has stated that he likely won't raise social security taxes to cover the difference; thus, he has indirectly acknowledged that benefits will have to be cut. However, his administration has come up with a plan that could make up the difference and even increase the benefits available to retirees -- private accounts. Currently, employees pay 6.2 percent in social security tax, which is matched by another 6.2 percent paid by the employer. Under Bush's plan (or rather Bush's adaptation of an idea that's been used in Britain, Argentina, Australia, and Chile and proposed in the past by President Clinton and Senate Minority leader Harry Reid), employees would be able to take 4 percent and put it into a special private account they own, and for which the government can never touch (with the other 8.4 percent staying in the general trust fund). This private account could be invested in a number of mutual funds which could include stocks and bonds (in addition to no-risk investments such as treasury instruments). This private account would be transferable to next of kin upon death. Since investment in stocks and bonds are historically much higher than the return currently earned by the government system, President Bush is convinced that the additional earnings of private investment will more than make up for the cutback in benefits Billions of dollars will be injected into corporate investment, leading to an economic stimulus. Every economist will tell you that the key to growth is new investment. Economic growth leads to lower unemployment, lower inflation, and a greater standard of living for society as a whole. The implementation of private accounts would mean a significant amount of money would be invested into the private sector. And since money could be shifted around, the most efficient and successful companies would gain additional investment funds. One of the best "leading indicators" of a successful U.S. economic upturn or downturn is the U.S. stock market. Experts almost unanimously agree that the stock market would go up with the use of private social security accounts. One of the foremost economic experts in the world is Fed Chairman Alan Greenspan; he happens to support the idea of private accounts.
Military - 1 Answers
Random Answers, Critics, Comments, Opinions :
1 :
this has to do with returning OIF vets how? To me it has to do with all Americans...
Due to the aging of the baby boom generation along with increased average life spans of American citizens, the current system of social security is headed for bankruptcy, meaning it will no longer generate the funds necessary to meet its obligations to retirees. Democrats and Republicans debate the actual timing of this insolvency, but no one disputes the fact that changes must be made eventually to keep the system going. Because the system is severely under-funded, one of two courses must be made at some point: 1) raise taxes to increase revenue generated, or 2) cut back on benefits paid out. President Bush has stated that he likely won't raise social security taxes to cover the difference; thus, he has indirectly acknowledged that benefits will have to be cut. However, his administration has come up with a plan that could make up the difference and even increase the benefits available to retirees -- private accounts. Currently, employees pay 6.2 percent in social security tax, which is matched by another 6.2 percent paid by the employer. Under Bush's plan (or rather Bush's adaptation of an idea that's been used in Britain, Argentina, Australia, and Chile and proposed in the past by President Clinton and Senate Minority leader Harry Reid), employees would be able to take 4 percent and put it into a special private account they own, and for which the government can never touch (with the other 8.4 percent staying in the general trust fund). This private account could be invested in a number of mutual funds which could include stocks and bonds (in addition to no-risk investments such as treasury instruments). This private account would be transferable to next of kin upon death. Since investment in stocks and bonds are historically much higher than the return currently earned by the government system, President Bush is convinced that the additional earnings of private investment will more than make up for the cutback in benefits Billions of dollars will be injected into corporate investment, leading to an economic stimulus. Every economist will tell you that the key to growth is new investment. Economic growth leads to lower unemployment, lower inflation, and a greater standard of living for society as a whole. The implementation of private accounts would mean a significant amount of money would be invested into the private sector. And since money could be shifted around, the most efficient and successful companies would gain additional investment funds. One of the best "leading indicators" of a successful U.S. economic upturn or downturn is the U.S. stock market. Experts almost unanimously agree that the stock market would go up with the use of private social security accounts. One of the foremost economic experts in the world is Fed Chairman Alan Greenspan; he happens to support the idea of private accounts.
Military - 1 Answers
Random Answers, Critics, Comments, Opinions :
1 :
this has to do with returning OIF vets how? To me it has to do with all Americans...
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