Fairness in Taxation Act–A Bad Solution to a Phantom Problem

Do the rich pay their fair share in taxes? Rep. Janice Schakowsky [D-IL9] doesn’t think so. On March 16, 2011, Schakowsky introduced H.R. 1124 “to amend the Internal Revenue Code of 1986 to impose increased rates of tax with respect to taxpayers with more than $1,000,000 taxable income, and for other purposes.” The bill would […]

The DoughRoller Weekly RoundUp (Chase to Increase ATM Fees to $5 Edition)

When banks began asking the government for money during the recession in late 2008, the news was full of headlines, usually concerning Bank of American and/or Citibank.  JP Morgan Chase did a pretty bang up job of staying below the radar for the most part, but over the last few days, has decided it’s their […]

PenFed VISA Platinum Gas/Cash Rewards Card 5% Cash Back Offer

Nervous consumers are watching closely as big banks like Chase consider limiting debit card transactions while increasing ATM fees.  While debit cards will likely continue to move against the consumer, credit cards are increasing their rewards programs in order to entice new business.  The PenFed VISA Platinum Cashback Rewards Card happens to be one of […]

Becoming a US Citizen Isn’t Cheap!

At one time or another, we all take our American citizenship for granted.  Sometimes it’s easy to forget that many people are struggling right now to become a part of the United States.  Aside from the travel costs associated with reaching the US, the process of becoming an American citizen can be quite expensive.  From […]

What is Your Vantage Score?

In case you aren’t confused enough by the multitude of different credit reporting companies and credit scores, here is one more to contemplate: the VantageScore.  This score was created by a combined effort of the three big credit bureaus—Experian, TransUnion, and Equifax.  Although the VantageScore has been around since March of 2006, consumers tend to […]

Will Chase Limit Debit Card Transactions To $50 or $100?

Rumor has it that JPMorgan Chase, one of the nation’s largest banks, may soon start limiting debit transactions to $100, or even as little as $50. According to recent reports, the cap would apply even when you run your debit card as credit. The question everyone seems to be asking is; why on earth Chase […]