Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?Would you buy a California IOU? First of all you must ask yourself: "What in the world is a California IOU"?
If you've read about the budget deadlock in California, you know that California has run out of money. At issue is the stalemate of how to raise $24 billion to cover their budget shortfall.
During this deadlock, California is issuing IOUs. It could issue upwards of $3 billion in IOUs to pay for such items as tax refunds, welfare, and vendor bills.
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
