Featured StorySince President Obama's speech Tuesday night, I have read a lot of articles dissecting his remarks and picking his proposals apart. As you might suspect, the vast majority have been politically charged by one side of the aisle or the other.
As Chief Investment Strategist for Money Map Press, I can't afford the luxury of taking sides. It's my job to help the hundreds of thousands of investors who are part of our "family" keep and grow their money... politics aside.
That's why I put together these five bullet points - key takeaways, really - from the president's speech that can help you grow your money this year and for the remainder of his second term.
Take a look...
state of the union transcript
Minimum Wage Increase: Obama's Proposal and Realities
In his State of the Union address Tuesday night, President Barack Obama urged Congress to raise the minimum wage from $7.25 to $9, saying the move would reduce poverty and stimulate the economy.
"Tonight, let's declare that in the wealthiest nation on Earth, no one who works full-time should have to live in poverty, and raise the federal minimum wage to $9 an hour," President Obama said. "This single step would raise the incomes of millions of working families. It could mean the difference between groceries or the food bank, rent or eviction, scraping by or finally getting ahead.
"For businesses across the country, it would mean customers with more money in their pockets. And a whole lot of folks out there would probably need less help from government."Read More...
The 2012 State of the Union Tax Reforms That Could Affect You
U.S. President Barack Obama outlined significant tax reforms in his 2012 State of the Union address Tuesday night. As expected, tax reform was a main theme in the president's speech, mentioned 34 times.
The White House today (Wednesday) fleshed out in detail the tax reforms aimed to achieve the president's goals of reviving U.S. manufacturing and job creation.
While some of the reforms received hearty applause from Congress members, many will be heavily battled by policymakers as well as the Republican candidates as the 2012 election heats up.
2012 State of the Union Tax Reforms The following proposed... Read More...