It
couldn't have happened to a nicer
country.
On March 18, with very little pomp and
circumstance, president Obama passed the
most recent stimulus act, the $17.5 billion
Hiring Incentives to Restore Employment Act
(H.R. 2487), brilliantly goal sought by the
administration's millionaire cronies to
abbreviate as HIRE.
As it was merely the latest in an endless
stream of acts destined to expand the
government payroll to infinity, nobody
cared about it, or actually read it.
Because if anyone had read it, the act
would have been known as the Capital
Controls Act, as one of the lesser, but
infinitely more important provisions on
page 27, known as Offset Provisions -
Subtitle A—Foreign Account Tax Compliance,
institutes just that. In brief, the
Provision requires .....
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If
friends or relatives have come upon hard
times, your first impulse might be to open
your checkbook. But good deeds don't score
any points with the Internal Revenue
Service--and could get you in tax
trouble.
You must follow the same rules that would
apply to any other lifetime transfers,
including those designed to pare down your
estate and leave less for Uncle Sam after
you're gone .....
This
issue, a common source of confusion,
could trip up more people since the
economic meltdown. Prosperous baby
boomers are subsidizing parents, and
sometimes siblings, who are less
fortunate. In other cases grandparents
are financing adult children who are
overwhelmed by the high costs of raising
their own offspring .....
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By Dr. David Eifrig
in Retirement
Millionaire:
If you're taking antidepressants, you could
be wasting up to $2,500 a year. Two new
reports, one from the New England Journal
of Medicine, show that 74 studies – between
1987 and 2004 – done on 12 antidepressants
approved by the FDA were never
published.
I wonder why they weren't published. All 74
studies showed the drugs did nothing more
than a sugar pill. And another 11 studies
with negative findings were falsely
published as if they were positive.
Trials for Effexor, Paxil, Prozac,
and Serzone showed the medications had the
same effect as a placebo. Worried about
depression? Try something simple like
walking in the sun.
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