August 2005
Journal of Financial Planning;Aug2005, Vol. 18 Issue 9, p21
Academic Journal
This article presents statistical data on U.S. finance as of August 2005. The yield difference between two-year and ten-year Treasury notes in late May 2005, versus more than two percentage points a year ago is 0.43. Thirty-seven percent of real estate investment trust (REIT) income in 2004 is taxable at lower-than-ordinary tax rates. Seventeen percent is the lowest of REIT income taxable at lower-than-ordinary tax rates since 1995. Forty-five percent of men age 65 and older receive annuity or pension income in 2003, versus 28 percent of women. The annual amount received by men age 65 and older in annuity or pension income in 2003 is $16,470, versus $9,217 for women. There is a twenty-seven percent increase in the pension underfunding at major U.S. companies from 2003 to 2004. There are 2.5 months beyond plan year-end that employees now have to spend money left in their flexible spending accounts. The value of two-year-old hedge fund Bailey Coates Asset Management dwindled to by May 2005 is $635 million after accumulating $1.3 billion in assets in 2004. Eighteen percent of all U.S. golfers live year-round or own a vacation home in golf-course communities. There are 7.5 million millionaires in the U.S. in 2004, an increase of 21 percent from 2003.


Related Articles

  • L.A. Fire & Police To Consider REIT Investments. Shaw, Helen M. // Investment Management Weekly;3/14/2005, Vol. 18 Issue 10, p1 

    Reports on the possibility that Los Angeles Fire and Police Pension System would launch a search for real estate investment trust managers in the U.S. Companies employed by the fund for various real estate investments; Percentage of the plan's assets which are invested in real estate.

  • REFORMING REIT TAXATION (OR NOT). Borden, Bradley T. // Houston Law Review;Fall2015, Vol. 53 Issue 1, p1 

    Tax law treats the income of real estate investment trusts (REITs) differently from the income of regular corporations. Income distributed by regular corporations is subject to an entity-level tax and a shareholder-level tax, while taxable income distributed by REITs is subject to tax only at...

  • Corporation tax for small companies down. Champ, Hamish; Dunham, Robin; Irvine, Julia; Maddalena, Christina; Meek, Vicky // Accountancy;Jan1997, Vol. 119 Issue 1241, p87 

    The article reports that the corporate tax for small companies will decrease from 24% to 23% in Great Britain. The decrease is part of the reduction in the basic rate of income tax. The reduction in tax also applies to Housing Investment Trusts. The tax reduction will become effective starting...

  • House passes Real Estate Investment Trust bill. Olwer-Méndez, Ken // Caribbean Business;11/9/2006, Vol. 34 Issue 44, p30 

    The article focuses on the approved House Bill 3038 or the Real Estate Investment Trust (REIT) bill in Puerto Rico. This bill will make REIT a feasible investment vehicle in the island. It provides the alleviation of the tax rate on distributions from local REITs from 17 percent to 10 percent....

  • PRIVATE PENSION PLANS AND PUBLIC POLICY. Tyson, Robert C. // Industrial Management;Oct71, Vol. 13 Issue 10, p3 

    Focuses on the trends in private and public pensions in the U.S. Changes in effective tax rate; Increase in total private pensions; Threats affecting private pension plans.

  • Why a REIT might be right for you. Altfest, Lewis J. // Medical Economics;01/25/99, Vol. 76 Issue 2, p37 

    Provides information pertaining to real estate investment trusts (REIT) in the United States. Advantages offered by REITs; Definition of REIT; Performance of REITs in 1998; Cohen & Steers Realty Shares as one of the best real estate funds.

  • Leaders List Shrinking; Who's Left Standing? DAVID SAITO-CHUNG // Investors Business Daily;1/8/2016, pA05 

    The article reports on the decline of Your Weekly Review list of high-octane stocks in the U.S. in January 2015, with property real estate investment trust (REIT), consumer and medical stocks as among the last standing.

  • A taxing question: Are rates too high? DAVID, GREG // Crain's New York Business;2/11/2013, Vol. 29 Issue 6, p11 

    The article reports that the increase in federal taxes mean the top marginal tax rate for New York City millionaires is the same as California at 51.7 percent, with Democratic candidates for mayor wanting to raise it so that the city would once again boast the highest tax rate in the U.S.

  • Pre-Budget sting will be in what Brown doesn't say. Nixon, Alice // Accountancy;Dec2004, Vol. 134 Issue 1336, p12 

    Reports on concerns regarding tax rates included in the 2005 pre-budget report announced by British chancellor Gordon Brown. Significance of an increase in stamp duty land tax threshold to the policy statements of Brown; Comparison of the rate of value added tax in Great Britain and other...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics