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November 2013 Archives

Child pop star files bankruptcy to get out of debt

Dallas readers might have been familiar with the child pop singer Aaron Carter, the younger brother of Nick Carter from the Backstreet Boys. A bankruptcy coming from a celebrity might seem surprising, but in this case it explains a lot about what happens when you come into money too young and aren't paying taxes when you should.

2013 holiday spending expected to be more trimmed than trees

The trees may be decked as usual with the traditional icons of holiday cheer this year, but a Gallup poll suggests there might be fewer items under those trees. It turns out, perhaps not too surprisingly, that a lot of people are still experiencing financial hardship in the face of the slow post-recession recovery.

Sunland Chapter 7: Could there be 'trickle down' effect?

Trickle-down theory is something that took the nation by storm back in the days of Ronald Reagan. The concept behind it was that if you lower tax rates for investors -- usually the wealthy -- it frees up more money to stimulate production, and spur growth that benefits everyone.

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