Bank finance articles and tips

Before discussing the disadvantages about Fair Tax, what exactly is the Fair Tax? The Fair Tax Act started in 2003 by a group named Americans for Fair Taxation. The fair tax would abrogate all federal and corporate income taxes, gift, estate, capital gains, Social Security, Medicare, and self-employment taxes. Instead, the fair tax would replace them with a federal retail tax of 23%. The retail sales tax of 23% would not be applied to imports, goods to make other goods, or used goods.

Sounds good doesn't it? But what are the disadvantages to this? The first one that comes to mind is who will make sure that the taxes are being regulated and collected correctly? The plan for the tax states that the IRS would not be needed once all income taxes are abolished. The people of the United States would need a whole new agency that would need to handle the new tax system so it can be regulated, and make sure that corruption does not start....

As a busy executive, you have a lot of demands on your time. There are meetings, projects, lunches with the boss, and charity dinners. You can't possibly do everything you are asked to do and still get positive results for your company. You need to determine which things are important and which aren't-and you need to learn to say no to the things that aren't.

Attending an executive time management training course is a good way to develop the skills you need to prioritize your tasks and goals. But if you don't have time for a time management course, these seven strategies for saying no will help get you started.