Apple, S&P 500, taxes, and more…
Apple has generated more profit than any other company in U.S. stock market history. The New York Times, September 22, 2017
The S&P 500’s inflation-adjusted return, since the market top on March 24, 2000, to September of 2017, has only been 0.9%. Marketwatch, September 22, 2017
The glory of the internet is that it allows like-minded people to find one another, and the horror of the internet is that it allows like-minded people to find one another. The Weekly Standard, September 25, 2017
The 60% of families in the middle of the income distribution- those between $32,000 and $140,000- pay on average just 3.4% of their income in federal income taxes. MarketWatch, October 8, 2017
A government study found that over the past decade refugees to the U. S. brought in $63 billion more in state and local taxes than they cost in public benefits. The New York Times, September 18, 2017
“There is nothing quite so tragic as a young cynic, because it means the person has gone from knowing nothing to believing nothing.” – Maya Angelou