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Roundup: McCain vs. Obama, Taxes & Other Good Stuff(tm)

Posted By Jim On 08/30/2008 @ 6:06 am In Personal Finance | 2 Comments

If you want to compare the economic policies and plans of Presidential hopefuls John McCain and Barack Obama, CNN Money has a good comparison [3] between the two on a variety of issues from Social Security to Personal Taxes.

Jeremy at Generation X Finance has a very good explanation of why the GAO report of 2/3rds of companies paying zero tax is political hogwash [4]. Besides Jeremy’s good points, famous United States Court of Appeals for the Second Circuit judge Learned Hand once said – “Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one’s taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands.”

SVB tackles the question of saving for college [5], a question I’m going to put off for a little while.

Nickel’s favorite cashback credit card [6] is the Blue Cash from American Express [7], a card I don’t have. It seems to have a lot of great features, like a comparison of your cashback performance, and good cashback categories as well.

The Consumerist confirms once again why I love Southwest in publishing it’s top 3 most and least “fee crazy” airlines [8]. Southwest was they’re #1 least fee crazy airline.

Flexo wrote about a study that says sleep makes you smarter [9].

Have a great long weekend!


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[3] CNN Money has a good comparison: http://money.cnn.com/galleries/2008/news/0806/gallery.election_issues/index.html

[4] GAO report of 2/3rds of companies paying zero tax is political hogwash: http://genxfinance.com/2008/08/20/two-thirds-of-corporations-dont-pay-taxes-nothing-more-than-political-hogwash/

[5] saving for college: http://www.thedigeratilife.com/blog/index.php/2008/08/26/how-much-do-you-need-to-save-for-college/

[6] favorite cashback credit card: http://www.fivecentnickel.com/2008/08/26/the-best-cash-back-reward-credit-card/

[7] Blue Cash from American Express: http://www.bargaineering.com/articles/cards/amex-blue-cash.php?tag=roundup083008

[8] top 3 most and least “fee crazy” airlines: http://consumerist.com/5042052/top-3-most-and-least-fee-crazy-airlines

[9] sleep makes you smarter: http://www.consumerismcommentary.com/2008/08/27/sleep-makes-you-healthier-and-smarter/

Thank you for reading!