Californians packing up and moving out – to Texas!

About 100,000 more people moved away from California in 2011 than relocated to the Golden State, according to the latest report from the U.S. Census Bureau.

The trend can be explained, in part, in monetary terms. Even in an economic boom, the cost of living in California has increased, prompting people to move out, and, in recent years, unemployment in the state has skyrocketed.

So, where are these former [...]

The crash diet of California home buying – You cannot purchase a $226,000 starter home on a $33,000 income and state this is affordable. The twisted definition of affordability.

You will notice that most ads to purchase a car or a home always discuss financing with big bold letters but never dive into an adequate income analysis before you should even consider buying a European luxury car or a home in an expensive metro area.  Income is the most important feature yet never discussed like a taboo topic.  This might reveal a glaring reality about household incomes but also net [...]

How Apple (legally) avoided paying $2.4 BILLIONS in taxes last year – despite record profits

Apple avoided paying up to $2.4billion in taxes last year through a complex strategy that funnels money to low tax states and foreign countries, according to a report.

The technology giant has set up up offices in Nevada, the Netherlands, Luxembourg and the British Virgin Islands to ensure it pays a tax rate of just 9.8 per cent, the New York Times claimed.

Some offices are little more than a postal address or a [...]