The Impact of the Tax Cuts and Jobs Act by Congressional District

The  Tax Cuts and Jobs Act (TCJA) reduced taxes for the vast majority of Americans and has the potential to boost wages by encouraging new business investment. However, the impact could vary by household and geography. The Tax Foundation just posted a cool interactive map that shows you your potential savings... click here to read more.

The bad news? You, the shareholder-employee who owns more than 2 percent, may suffer additional taxes on some of the benefits because the tax code requires your corporation to put selected benefits on your W-2. The outcome is sometimes favorable and sometimes not...click here to read more. 

 

How long does it take for you to get to work?  According to government surveys, the average American adult travels 26 minutes to get to work and then 26 minutes to return home.  A whopping 4 million Americans are "super commuters" who travel 90 minutes each way.  According to census data the worst commuting city is Stockton, California where 10% of the workers endure a one-way commute longer than 90 minutes.

In case you are wondering, my commute is about 5 minutes unless I stop at Starbucks.  

The Wall Street Journal recently reported that "The Social Security program's costs will exceed its income this year for the first time since 1982... click here to read more.