Will Your Insurance Cover the Earthquake and Flood Damage That Is Predicted to Happen? By GSI Insurance Solutions

California Storm Threatens $725 Billion Worth of Damage  On July 4, 2019, a 6.4 magnitude earthquake hit just north of Los Angeles, California. The next day, a 7.1 magnitude earthquake hit the area. Now, scientists are predicting a massive California storm that could cause a building toppling earthquake and the collapse of the Whittier Narrows…

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Billionaire's Tax

Biden’s “‘Billionaires’ Tax” Affects More Than Billionaires by Gary D. Halbert

In his federal budget for fiscal year 2023 that he unveiled earlier this month, President Biden proposed a huge new tax increase on America’s wealthiest citizens. The administration labeled it the “billionaires’ tax” and promised it would finally bring fairness to our tax code by making the richest Americans pay at least 20% of their wealth gains annually to…

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Money Savings

Cost Segregation Studies Generate Savings for Real Estate Investors By Cliff Hockley, CPM, CCIM

Cost segregation studies are a very effective way to generate savings when buying investment property. They should be considered by every real estate investor on every transaction. When optimized, they can increase cash flows, reduce tax liability, and uncover missed deductions. What is a Cost Segregation Study? A cost segregation study (CSS) is an engineering/accounting…

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Booming Housing Market

Houston’s Booming Housing Market is Economics 101 By Timothy Snowball, Attorney

Houston, Texas is one of the fastest growing metropolitan areas in the entire United States.  With its continually developing industrial bases in energy, manufacturing, aeronautics, and transportation, including being home to the headquarters of more than 25 Fortune 500 companies, the city attracts more than 100,000 new residents annually. What Makes Houston Different? What makes…

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Gas Prices

Working Californians Hit Hard by Gasoline Prices By Jon Coupal, President of Howard Jarvis Taxpayers Association

A recent column was headlined “Inflation, The Cruelest Tax.” Well, if inflation is the cruelest tax, then inflation’s impact on gasoline, combined with the nation’s highest tax, can only be characterized as “cruel and unusual punishment.” In addition to inflation and taxes, other government policies related to petroleum are counterproductive. These include regulatory burdens and…

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Prop 13

Proposition 13: Same Song, Different Decade by Jon Coupal, President of Howard Jarvis Taxpayers Association

More than 42 years ago, California voters overwhelmingly enacted Proposition 13 in response to out-of-control property taxes. Even with the passage of time, Prop. 13 remains very popular among citizens of all political stripes. Nonetheless, many politicians and bureaucrats hate Prop. 13 because it prevents them from taking unlimited cash from the taxpaying public. In…

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