Word of the Week: Inflation

What we say Inflation is when prices increase. When prices increase, the value of the dollar decreases. What Chance the Rapper says (in his song, No Better Blues)  “I hate inflation, hate the store/I hate to choose/hate the war”  What we can learn about inflation Inflation makes everyone groan, and Chance the Rapper isn’t the only one who […]

Word of the Week: Sales Tax

What we say Sales tax is a tax on all retail goods and services. Sales tax rates are collected by the retailer and passed on to the state, thus each state sets their own sales tax rate.  What Macklemore says (in his song, Thrift Shop)  What we can learn about sales tax If you’re only wanting to spend […]