Taxes Are Going Up

Quelle surprise:

The tax this year will increase by two percentage points, to 6.2 percent from 4.2 percent, on all earned income up to $113,700.

Indeed, for most lower- and middle-income households, the payroll tax increase will most likely equal or exceed the value of the income tax savings. A household earning $50,000 in . . . → Read More: Taxes Are Going Up

Scaling the Heights with Peruvian Miners: Ricardo Carrión

The Peruvian mining sector has lots of promising developers and producers, but don’t ignore the smaller companies—2013 may surprise to the upside in Peru. In this interview with The Gold Report, Ricardo Carrión, managing director for capital markets and corporate finance for Kallpa Securities in Lima, Peru, says it is fine to ride . . . → Read More: Scaling the Heights with Peruvian Miners: Ricardo Carrión

Economic Events on January 15, 2013

At 7:45 AM Eastern time, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through this analysis of retail sales.

At 8:30 AM Eastern Time, the Empire State manufacturing index for January will be released. The consensus is that the index value will be 0, . . . → Read More: Economic Events on January 15, 2013