kraf999

5 Flips | 1 Magazine | @kraf999 | Keep up with kraf999 on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “kraf999”

TurboTax maker lobbies to stop the government from making your returns easier

In several European countries, filing tax returns is a near-automatic process: instead of painstakingly calculating figures yourself, the government estimates what you owe based on wage and bank account data that it already collects, and you make any necessary adjustments. Why isn't there a similar …

SHILLER: 'We're Living In A Totally Artificial Real Estate Economy'

"One thing that makes it very hard to forecast home prices right now is that we're living in a totally artificial real estate economy," said Shiller, co-creator of the Standard & Poor's/Case-Shiller Index, a widely followed measure of housing prices.<p>Shiller pointed to the Federal Reserve, which …

Carl Icahn

Net worth: $20 billion<br>At 77, Icahn enjoyed another strong run in 2012, beating the U.S. stock market and most hedge fund managers. The investment pool he manages for himself and his employees returned more than 20% in 2012, thanks to bets on Hain Celestial Group and CVR Energy. Icahn, who was born …

20 Companies Hold 40% Of The Cash In The Russell 3000

Citi credit strategist Jason Shoup offers an interesting stat about corporate cash balances in a recent note to clients.<p>"Using the Russell 3000 as a universe, we see that the top 20 corporates with the most cash on their balance sheets at the end of 2012 hold over $650 billion - almost 40% of all …