Newsletter Archive

Marotta On Money - April 21 Newsletter

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Politics

What Happened to the Gold Standard? (04-20-2014)

The U. S. dollar was first regulated by the Coinage Act of 1792 and prescribed as 371. 25 grains of pure silver. The eagle, worth $10, was 247. 5 grains of gold. One cent, worth a hundredth of a dollar, was 24 grains of copper. The value of the metal contained in the currency kept prices relatively constant before the founding of the Federal Reserve. During those 120 years, prices rose only 3%. In contrast, during the 100 years since the Federal Reserve, prices have risen 2,280%. The Constitution gives Congress the power to "to coin money" and "regulate the value thereof.
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Upcoming Events

04/24

5.30pm

Free NCEF Seminar: KIVA - Micro-loans that change lives

Learn more

04/27

Teach Children To Save Day

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In The News

Free NCEF Seminar: KIVA - Micro-Loans That Change Lives

On April 24, 2014 at 5.30pm, David John Marotta will be speaking at the Charlottesville Senior Center on philanthropy, specifically about KIVA, a non-profit organization with a mission to connect people through lending to alleviate poverty by leveraging the internet and a worldwide network of microfinance institutions.

The talk is free and open to the public.

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Understanding Your IRS Form 1040 (04-18-2011)

Do you bother to look at your taxes after filing them? Yes, you pay someone to fill out your tax return, but when it is done, do you ask what to change in the future to keep more of your earnings and forfeit less to Uncle Sam? Many people believe a dollar saved on their taxes is not worth the same as a dollar of their salary or a dollar of gain in the stock market. They are correct. A dollar saved on your taxes is actually worth more.
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taxes

Taxes and Tax Management