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The South Carolina Subversive Activities Act – A Trip Down Memory Lane

In a state that refuses to impeach its governor because his replacement would be even worse, it didn’t surprise me to find a law that prohibits subversive activities. Takes you back to the 60’s, doesn’t it?

Hello Cash for Clunkers. Goodbye Inflation.

The August 2009 Consumer Price Index – the main indication of inflation – has a surprise. It’s one that may mean no raises next year if you receive social security, invest in TIPS or if your income is somehow tied to the CPI. The Bureau of Labor Statistics (BLS) apparently decided those Cash for Clunkers checks decreased the price of new vehicles. With an estimated 700,000 cars bought under the program, that’s a lot of money not being counted as what Americans spent on cars.

Preparing for Life’s Final Hours

Melinda Beck, writing in the Wall Street Journal, has a good summary of ‘advanced directives’ – those documents that give direction to family and medical professionals who “may have to decide whether you would want to be kept alive artificially, what level of disability you’d be willing to live with and how to let you die if you had no hope of recovery.”

Will Health Care Reform Require That Older Americans Decide How to Die?

This is a question President Obama was asked in an AARP town hall meeting last week. A Congressional website refutes claims that health care reform will start “us down a treacherous path toward government-encouraged euthanasia”. What’s the truth? This article will help you sort through the facts to find it.

The Toilet Paper Tax – Is There No End to Taxing Everything in Sight?

You may have heard about a bill that Representative Earl Blumenauer (D. Ore.) introduced on July 15. While it’s formal name is the Water Protection and Reinvestment Act, some prefer to call H.R. 3202 the Toilet Paper Tax.

8 Tax Tips for Starting a New Business

Here are 8 tax tips that will help you start a new business. As you create this new business and run it in the future, keep in mind the first rule of tax law. It is the first thing my tax professor in law school told us on the first day of class. Here’s what he said. “Ladies and gentlemen. Let me tell you the one rule, which if followed, will keep you out of tax trouble. It is this: Pigs may get fat but hogs are slaughtered.” In other words, when it comes to taxes you may be able to get away with being (a little) greedy. Be too greedy, however, and you will not enjoy the results.

Hold a Garage Sale; Break the Law?

Earlier we showed you how your home computer can turn you into a criminal. Now it’s the toy you sell to your neighbor at a garage sale or yard sale. In the name of product safety, a 2008 law limits the sale of used toys, clothing and other items. But is this really about product safety? Or is it about cutting off the sale of used items so manufacturers can sell more new items?