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Patrick O'Neill, Author at Invest Smart
Wednesday , April 24 2024
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Patrick O'Neill

Colorado Voters May Change Flat Income Tax

Colorado Tax Policy

Colorado residents currently pay an income tax of 4.63 percent. In contrast to the progressive income tax systems of the federal government and many states, Colorado has a “flat” income tax system, which means higher earners do not pay proportionately higher income tax rates. Voters of the state, however, may …

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Raiding your retirement account to repay debt and avert the risk of filing bankruptcy

401k and Retirement

By: Trenton Fortes When you owe a mountain of credit card debt, is it better to file bankruptcy or take help of the professional debt relief options or raid your retirement fund? This is a million-dollar question asked by the debtors who are saddled with debt but yet don’t have …

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The Current State of International Corporate Taxation

Corporate Taxes

Bill Perston Summer of this year, The New York Times published an excellent short article by David Leonhardt concerning the American corporate tax system and the potential for its reform in the near future. One of the key points in the piece is the remarkable variation in the corporate tax …

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