New Year, New Home

Happy New Year! To start 2018 my wife and I purchased a home in downtown Fort Worth and started the process of relocating.  This is the ninth place we have called home during the first nineteen years of our life together, and the eighth we have owned. Our first four homes were in Texas, and appear below on the first row and the first image on the second row.  Our next three homes were in Florida, and are  depicted in the remaining images on the second row and the first image on the third Read More …

Real Taxation Levels

Earlier this year the Institute on Taxation and Economic Policy released the 4th edition of "Who Pays: A Distributional Analysis of the Tax Systems in All Fifty States."  This report finds that "virtually every state’s tax system is fundamentally unfair, taking a much greater share of income from middle- and low-income families than from wealthy families" (Executive Summary, p.1).  The image at right illustrates the regressive reality of the national averages for the percentage of income paid on Read More …