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It is often said that the only two certainties in life are death and taxes. The IRS takes that truism to heart.
College savings benchmarks, 529 progress from newborn to age 18. Each year, I share the age-based benchmarks we use to ensure that our 529 college savings is on track to meet our goals.
It is a simple thought experiment. Would you rather invest in South Korea or in North Korea?
Regardless of income level, overspending causes poverty.
Embracing variability contributes to the libertarian ideology that freedom is the ability to choose as you see fit and specialization is highly desirable.
A mob boss exercises absolute control over his many followers and profits from the often criminal activities of his organization.
It is illegal to sell contacts in the United States without requiring a prescription. A Federal Trade Commission regulation provides penalties of up to $11,000 per violation.
These noble-sounding goals intuitively appear useful, but the federal government has only two ways to encourage change and neither of them helps in this case.
Unfortunately, Obama's good intentions are thwarted by the economic principle formulated by banker Charles Goodhart.