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As homeowner's insurance prices climb, more Americans ask: Is it worth it?
It was 2019 when Anjali Tierra decided that homeowners insurance wasn't worth the price. The retired high school teacher, 58, took out a policy in late 2018 after purchasing a three-bedroom home nestled in the Tehachapi Mountains of southern California. She considered the insurance affordable at less than $100 a month, and the coverage brought her peace of mind while living in a “very high” fire hazard severity zone. (see more)
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Treasury, IRS unveil plan to close ‘major tax loophole’ used by large partnerships
The U.S. Department of the Treasury and the IRS on Monday unveiled a plan to “close a major tax loophole” used by large, complex partnerships, which could raise more than an estimated $50 billion in tax revenue over the next 10 years. The plan targets so-called “related party basis shifting,” where single businesses operating through different legal entities trade original purchase prices on assets to take more deductions or reduce future gains... (see more)
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Hyperinflation in the Roman Empire and its Influence on the Collapse of Rome
Today, we will be analyzing the economic phenomena of hyperinflation and how it was involved in the collapse of the Roman Empire. This article will cover the economic data of Rome in the time frame of 0 C.E. to 395 C.E. All works cited can be found below at the bottom. This article was made for a Latin course but was made publicly accessible on Medium. Lasting for more than 100 years and classified as the world’s longest-lasting empire, the Roman Empire was a political, economic, and technological powerhouse. (see more)
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10 Things You Should Know About Reverse Mortgages
If you ever watch cable TV, chances are you’ve seen reverse mortgage commercials with celebrity spokespeople like Tom Selleck, Robert Wagner and Henry “The Fonz” Winkler. A reverse mortgage is a way to borrow against the value of your primary residence for extra retirement income. “It’s a personal financial management tool that enables homeowners to convert the home equity into loan proceeds," says Steve Irwin... (see more)
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