Monthly Archives: April 2019

S&P 500 corporations not paying taxes

Roughly 60 profitable S&P 500 companies paid zero federal income dollars in taxes in 2018. The corporations were profitable, more than likely had highly paid CEOs and executives working there, yet still paid zero dollars. Even Delta Airlines, General Motors, and Amazon, which had a net income of over 10 billion dollars last year, paid no taxes in 2018 according to a study from ITEP. This means that those S&P 500 companies, which are some of the largest in the world, did not pay a cent towards our military, education …

Baby bonds – savings accounts for newborns

I think one innovative idea out there is to create “baby bonds” for newborns. I read about this concept in the Sunday Times, and I have always been a huge fan of the general concept of investing money as soon as a kid is born. It can be a great tool to help build wealth and savings for future generations, encourage financial literacy, form a quasi-retirement account, and there are many other advantages to the concept. What is a baby bond, or more importantly what is the concept all about? …