March 2006
Journal of Financial Planning;Mar2006, Vol. 19 Issue 3, p15
Academic Journal
This article reports on a number of various economic statistics. The Federal Reserve raised interest rates eight times in 2005. Crude oil prices rose 40 percent. According to the article, 61 percent of American either don't have a budget or have difficulty keeping it. Wal-Mart says that it has saved consumers 263 billion over a span of 19 years. The Internal Revenue Service audited 20 out of every 100 businesses that were valued at over $10 million in fiscal 2005. While one out of every 63 households reporting $100,000 or more in annual income was audited, only one out of 107 taxpayers was audited overall.


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