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Accounting Solver

July 18th, 2008

ECONOMIC STIMULUS ACT OF 2008: Is it working? 4

Although distribution of tax rebates (estimated at $ 106.7 billion) only began in the 2nd quarter of 2008, 1st quarter statistics from the US Bureau of Economic Analysis showed improvements in the US economy.
Gross Domestic Product grew 1.0% in the 1st quarter of 2008 versus only 0.6% in the 4th quarter of 2007. Profits […]

By ren -- 0 comments

July 17th, 2008

ECONOMIC STIMULUS ACT OF 2008: Is it working? 3

Estimated rebates for 2008 provided by the Economic Stimulus Act of 2008 total $ 106.7 billion, distributed on a weekly basis from 28 April through mid-July. Statistics from the US Bureau of Economic Analysis show improvements in Personal Incomes of US Residents.
The 5% savings rate indicate that a significant share of the tax rebates […]

By ren -- 0 comments

July 16th, 2008

ECONOMIC STIMULUS ACT OF 2008: Is it working? 2

Estimated rebates for 2008 provided by the Economic Stimulus Act of 2008 total $ 106.7 billion, distributed on a weekly basis from 28 April through mid-July.
Statistics from the US Bureau of Economic Analysis show improvements in Personal Incomes of US Residents:

It looks like, on a national basis, the tax rebates are working. A significant […]

By ren -- 0 comments

July 15th, 2008

ECONOMIC STIMULUS ACT OF 2008: Is it working? 1

Estimated rebates for 2008 provided by the Economic Stimulus Act of 2008 total $ 106.7 billion, distributed on a weekly basis from 28 April through mid-July.
The amount of rebate is based on:
2007 tax filings
filing status
level of adjusted gross income
number of qualifying children.
Do you feel the Economic Stimulus Act working for you?
info source: US Bureau […]

By ren -- 0 comments

May 12th, 2008

TAKING CHANCES 1

Before taking a plunge into a significant change in your life (whether a career change, building a house, investing in a business, or buying stocks), you should consider your capacity for taking chances. You should, first of all, look into your income profile, i.e., what you are presently earning and your capability to grow […]

By ren -- 0 comments