Taxes, Taxes, And More Taxes
Haven’t you noticed that when it comes to money everybody wants their hands in your pockets. Every service comes with a fee and don’t forget a tax as well.
Taxes today consume about 43% of the average American’s paycheck. We are taxed upon making the money, and on everything we buy, or consume afterward such as groceries and gas.
When is enough, enough?
What’s even worse however is that once our heavily taxed and hard-earned American dollars finally pay off our personal assets, our beneficiaries get taxed on what is willed to them at our death. After a set amount of about $10,000 a year, you can’t gift anything more without the receiving party being taxed on the gift you have given.
Oh, and did I tell you there is a death tax as well. Yes it’s true. The IRS doesn’t stop with the just taxing the living. They get you when your dead, too. I will spare you the story however, and let you die in peace.
Can You Make Your Own Financial Decisions?
The point I am trying to make is that if it involves money it almost always involves the government who tells us what we can and cannot do with the money we have already been taxed on.
Shouldn’t we have the right to make our own decisions with our own money? After all, we have already paid our dues. Is it right that giving the money away should cost us more?
You see a lot of this frustration in the economy today. As of lately, the bailout bill has caused the greatest outcry as the federal government has stuck the US taxpayer with over $700 billion dollars of debt, the price to bail out the nation’s biggest banks who helped create the crisis in the first place.
The Last Frontier
There is a last frontier of financial freedom, that although not left untouched by government legislation, still operates quite freely. This industry is the payday loans industry.
There are not many places that you can go today and get quick cash without a drawn-out loan process that you expect to see in places like the bank. Payday loans can be applied for in person or online, approval takes just minutes and deposits are made in as little as two hours.
The costs associated with payday loans are minimal, usually between $15 and $25 dollars per $100 borrowed. This may seem high for some but you have to take into consideration the risk that the company is taking in consumers to provide by providing them funds almost instantly and often time without a credit check.
This is a service that will serve you well in times where you need payday loans. Good examples of these times would be like when you have fallen short on your mortgage or car payment. Avoiding the late penalties by using a payday loan can save you quite a large sum depending on how much you have fallen short and therefore how much you need to borrow.
Many states are losing this privilege as the government and big bank lobbyists who want the consumers to come to them first wrestle the payday loan industry to shut them down or lower the interest rates to a point that they cannot stay in operation. You may recall Ohio passed legislation that capped interest rates to such a low APR that for every hundred dollars loaned, only about a $1.08 could be made, and 79 of these payday loan stores had to close doors.
Know that amidst all the decisions that are be taken away in the financial arena, you still have a place to go that understands your needs and we aim to provide for you anyway that we can.
Your Online Source for Payday Loans
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