Tax Freedom Day is the first day of the year in which we as a nation, as a whole, have earned enough income to fund our annual tax burden. This year it is April 18, the 108th day of 2013, a full five days later than last year. Americans will work well over three and a half months of the year before they have earned enough money to pay this year’s tax obligations at the federal, state and local levels. Both higher federal taxes and rebounding incomes contribute to this year’s date, which is five days later than in 2012.
To honor this joyous day, I am providing you all with a copy of a 2013 Tax Fact Sheet. I hope you find it helpful!
Attached: Springer Financial Advisor 2013 Tax Facts
Smart Money with Keith Springer Newsletter- Energy Independence Can Push The Market Higher
Energy Independence Can Push the Market Higher
Written by Keith Springer | 4.25.13
I was struck by a slow moving, but powerful advancement few are talking about that could change the world, or at least America, in our lifetime. It is estimated that the U.S. will become the world’s #1 producer of both natural gas and crude oil within 5 years. Our domestic American oil production will rise from 5.6 million barrels a day to 9.1 million in just 2 years by 2015, meaning that we would produce almost 50% of our total 20 million barrels/day consumption rate, up from only 27% today. This is something no one expected 10 or even 5 years ago, and let me tell you, this is huge! (more…)