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Are the rich just lucky?
Thursday. 12.7.06 6:11 pm

Are the Rich Just Lucky?





In the ongoing debate about growing income inequality in America — the top 10 percent of families grabbed 43 percent of income in 2004 vs. 33 percent in 1980 — some have argued that America needs a more progressive tax system, both to share the wealth and to help deal with the government's long-term budget woes. When the Bush tax cuts on income and investments end in 2010, plenty of liberals and budget hawks will surely argue that they should not be extended. (This is going to be a huge issue in the 2008 presidential campaign.)

But those who want a flatter, less-progressive system argue that wealth, to a great extent, reflects productivity, and so more productive people should face lower tax rates as an incentive to produce even more. A more productive economy will grow faster, and that's the best way to deal with fiscal problems.

Consider this: What if it's luck rather than ability that plays the greatest role inof people's success? Some studies have shown that inequality among family members, people who share genetic traits, is not much different from that of the general population. Why should we subsidize the lucky with lower taxes?

But a recent study from Harvard University's Graduate Business School found that skill is indeed an important factor in success. The study looked at entrepreneuers, a third of whom are in the top 1 percent of American earners.

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Money for College
Tuesday. 10.7.08 12:21 pm
First of all this is not some scam. For 7 years I have worked (and still do) at a local community college in the Scholarship office so this is information that I have researched.
I have some weblinks that I would like to share with everyone about scholarships.

First of all, you need to have a minimum GPA of a 2.0. Some scholarships are more competitive than others therefore to have a higher GPA increases your chances of winning.

HERE ARE SOME WEBSITES:

College Net (electronic scholarship database)
FAFSA (FAFSA on the Web)
http://www.4scholarships.com (electronic scholarship database)
http://www.carpedm.com/ (electronic scholarship database)
Sallie Mae (Sallie Mae Scholarships)
http://www.csac.ca.gov (California Student Aid Commission Homepage)
http://www.coca-colascholars.org/ (electronic scholarship database)
http:/www.college-scholarships.com (Scholarships Searches)
http://www.collegeboard.org (electronic scholarship database)
http://www.collegeview.com (College Search service)
Fast Web (electronic scholarship database)
http://www.fedmoney.org (All Federal Government Student Aid Programs)
http://www.freschinfo.com/ (electronic scholarship database)
http://www.gmsp.org (Gates Millennium Scholars)
http://www.hsf.net (Hispanic scholarship fund)
http://www.scholarshipworkshop.com (electronic scholarship database)
http://www.uncf.org/scholarship/index.asp (United Negro College Fund)
http://www.usagroup.com (USA Group Homepage)
http://www.wiredscholar.com (electronic scholarship database)

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