After the country dumped the gold standard, the average shrank to 11 months. To put it in context, the Great Recession lasted 18 months, making it 30% shorter than the average gold-standard-era.
Good news for the nation’s 14-million self-employed workers — mortgage lenders are making it easier to get approved for a purchase loan or home refinance.
Yet many are spending tens of thousands of dirhams each year on rent, and while we are receiving something in return – a home. The 2019 standard deductions are. Doing that would effectively earn you a tax-free and risk-free rate of return equal to your mortgage interest rate (4%, 4.5%, whatever). Nice. You might also be.
The standard deduction amount is established annually. It is based on a taxpayer’s filing status and is listed on each of the individual tax-return forms ( 1040 , 1040A and 1040EZ ). This deduction generally is taken by taxpayers who don’t have many expenses.
Standard Deduction. If you are a nonresident alien, you cannot claim the standard deduction. However, students and business apprentices from India may be eligible to claim the standard deduction under Article 21 of the U.S.A.-India Income Tax Treaty. Refer to Publication 519, U.S. Tax Guide for Aliens and to revenue procedure 93-20 for more.
SHOPPING SUPER MALL · The 7 Best Shopping Malls In Bangkok. Bangkok’s fashion scene has an interesting combination of high-end boutiques, local hand-made goods and fake designer products in the plethora of malls found there. Similar to some of Bangkok’s markets, malls like MBK Center are just an indoor, air-conditioned version of the city’s famous night bazaars.
A return to standard mortgages. by Mike vogel. posted 3/26/2012.. has the bottom line on qualifying for a mortgage in the mid-2000s. "If you could fog a mirror, you could get a loan. I’m not.
A tax return calculator takes all this into account to show you whether you can expect a refund or not, and give you an estimate of how much to expect. Tax Deductions and Tax Credits Explained Remember that a tax deduction reduces your taxable income, cutting your tax bill indirectly by reducing the income that’s subject to a marginal tax rate.
What are the positives of a gold standard for the economy, and what are the negatives? Pros. Simply put, the big positive of a return to the gold standard "would give us fiscal discipline for governments, businesses and individuals," says Ken Goldstein, economist at the New York-based Conference Board.