1099 is better than W2 for middle class Americans

Many corporations have to find ways to save on taxes. Working Americans can also find ways to save on taxes. Have your own business and/or use 1099 instead of W2.

Apple is an example of a smart company. We thank Apple for the many jobs it created. We should encourage more enterpreneurs and job creation business.  We should upgrade our educational system to incorporate important job skills sets for the global and technical workforce to be competitive. We have to learn another language, learn computer data analysis, and learn new technologies.

As a parent of two young adults in college, I cannot influence my children to be a doctor or software computer engineers. I can only hope that they have goals and ambitions to compel them to strive for the better.  I can show them the standard of living in other developing countries.  I am happy that they wanted to pursue their passions, be an art teacher and an environmental engineer and that they are working students, saving money anyway they can. In other countries, there is not enough opportunities for internships and college students to work part time.  In Canada, there is 4 months of college days and 4 months of internships. In India, the BS in Computer Science and MS in Computer Science can be completed in less years compared to other countries.

————Apple’s Taxes for its business in Ireland———–

FACT CHECK The European Commission makes clear, and tax experts agree, that Ireland let Apple determine how much of the income that it generated in the country would be recognized and taxed there.

The rest of Apple’s income that was not recognized and taxed in Ireland could be put in other corporate structures that were effectively stateless. That meant the money in those structures was not taxable anywhere — not even in Ireland — and thus not subject to Ireland’s 12.5 percent tax rate.

While other companies have also had the right to negotiate with Ireland, the commission considers these sorts of loopholes a no-no.

“In the U.S., states can fall all over themselves to offer subsidies and loopholes, but that is exactly what is illegal in Europe,” said Edward D. Kleinbard, professor at the Gould School of Law at the University of Southern California and a former chief of staff to the congressional Joint Committee on Taxation.

In the United States, politicians, lawmakers and officials have derided “inversion deals,” which allow an American company to move its headquarters overseas to cut its tax bills. In Ireland, they are celebrating them.

The Irish government on Tuesday revised the country’s economic growth rate in 2015 to 26.3 percent from a preliminary estimate of 7.8 percent. While Ireland’s economy has been on the upswing since the country repaid its bailout, it wasn’t that the Celtic Tiger suddenly came roaring back in an unexpected way. Rather, it was the magic of those inversion deals and other sleights of finance.

Under a typical inversion deal, a United States company takes over a foreign counterpart and, in the process, shifts its headquarters overseas. The takeover targets for such deals are typically based in countries with low corporate taxes — like Ireland, with its 12.5 percent rate.

The combined company’s global profits are then reported in its new home base, regardless of where they are earned. In essence, Ireland’s G.D.P. is artificially inflated.

Inversions have drawn the ire of the Obama administration, since they put a greater burden on American taxpayers.

Last year, the medical device maker Medtronic bought its rival Covidien, reincorporating in Ireland. More recently, Johnson Controls of Milwaukeeagreed to join up with Tyco of Cork, Ireland. (Tyco itself has hopped from locale to locale, having been in Bermuda, then Switzerland, before ending up in Ireland.)

USA Rich and poor tax payers, 2010

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Middle income and families

Middle income and couples contributed more in taxes compared to other income groups. Free education, housing support, child care support, health care access and other family-centered and middle-income centered benefits should be given more to this income group.

From these income groups, more than half of the monthly income goes to housing expense.

2010 Tax Statistics in the USA

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More women between the ages of  55 under 60 yrs of age worked in 2010 compared to the number of men in the same age group.

In both men and women, the top earning age group is between the ages of 46 under 55 yrs of age. Disparity in income between men and women is almost double in favor of men.

738k men are still working past age 76 yrs of age and contributed to about $7M in taxes.




1 hour delivery at Amazon, 5 min response time with Uber



Amazon sales increased  by 20% in 2015.  And now, Amazon delivers within 1 hour in the bay area.


Uber driver’s must respond within 5 minutes since passengers can cancel before then. Uber will be the hottest IPO in 2016. And hiring more drivers, reducing unemployment and saving money for others. Be an Uber driver,  here is the UBER link to earn while you drive part time.


What do you think would be the trend in the future for service related industries?

We still need to cook our bone broth for more than 2hours. We need an hour of full body massage. We need to chew and digest our food while mingling with others. We need at least 6 hours sleep as an older adult to be not crunky or grouchy. We need to read fine prints to avoid any monetary loses.


Houses will be smaller, functional, wired, green or net zero. Email  Connie for a modular, net zero house at motherhealth@gmail.com

Caregivers for Seniors

Service will still be out of pocket unless the laws are changed. For 24 hr response time in the bay area for seniors needing caregivers, email motherhealth@gmail.com or text 408-854-1883


Many will chose city college first two years, online and mix of on the job training and classes.  Those who have worked part time before graduating will have more chances in life as they are open to opportunities and have a better work ethics.

Internet Dating

Still a hit and miss chance. Many more dating sites will open to find a niche.

Health Food Stores with organic choices

Consumers will continue on demanding healthy choices in food stores

Integrating and functional products

Gone are CD drive, IN are memory stick USBs and more…


Consumer will define what they want even when game companies change their pricing strategies.


User experience counts for both young and old. Older ladies love their Lexus and Prius. Young generation likes safety and forward looking gadgets.

Rentals in the bay area

Most bedrooms in the bay area are used as rental income. More households will use their homes as their retirement income. And young people find renting a room a saving strategy to cope with high cost of buying a house in the bay area.


More people are getting married to share the cost of living in the bay area and to experience being a parent.

Focus and Success

Those who will succeed in 2016 have more focus and time to plan for their future. They have forged great relationships to make their way to success and embraced new ways in using technologies to their advantage.

Where to fit Voya’s Fixed Index Annuity in your diversified asset base





Fixed Index Annuity

Now you have an option to accumulate your money outside of the bank CDs.  At age 40plus, you want a stronger vehicle with protection of principal and growth up to 5% with no market risks.

vs Bank CD

Contact Connie Dello Buono for a Fixed index annuity that is favorable than the bank CDs. 408-854-1883 motherhealth@gmail.com or conniedbuono@gmail.com


How to invest with a goal and a coach

You have a fitness trainer because you need motivation and fast rules to maximize the use of the gym or get in shape with strength training very fast or be fit based on your lifestyle and body.

In investing, you have many options and you have to start with a strategy, goal and a coach.

Based on your situation, goals, age and capacity to invest, you will need to start with an investing strategy and a tactician coach. How much risk can you afford? How can you lower the many kinds of risks?

  • 1. Have an investment goal and coach.
    •  Specific: goals should be written down
    •  Measurable: have a way to quantify progress
    •  Ask: seek advice when you have questions
    •  Responsible: adjust your portfolio as needed
    •  Transparent: share your goals with family and others
  1. Prepare for jumpy markets. In recent years, markets have been quite calm, with few dramatic ups and downs. This isn’t normal. The successful investor knows that when the market dips, it’s not time to flee but to buy “on sale”. People tend to miss out on investment gains because they sell when the market goes through a rough patch. Get familiar with normal market bumps (otherwise known as volatility) and stick to your strategy.
  2. Diversify. Really. You may know the term “diversify” as an investment directive to not put all of your eggs in one basket, but what does that mean, exactly? I had a client during my financial advisor days who spread his assets among five different banks and called himself diversified. Diversification means balancing risks in your portfolio by combining investments that differ from one another. It’s a way of finding opportunity for growth while minimizing the overall bumpiness from year to year.
  3. Rethink the safety of cash. I’ve discussed this before on The Blog and I can’t stress it enough. Cash is not an investment strategy. People know this, but they stick with cash because they think it’s safer. What they’re ignoring is the risk to their future spending power. Not only does cash provide virtually no return, it can lose you money thanks to taxes and inflation. Sure, inflation may be low today, but even a nominal amount of inflation can really pack a punch over time. If you’re holding too much cash, you should consider putting it to work.
  4. Don’t set it and forget it. There’s an old rule of thumb that you should have the same percentage of bonds as your current age. So if you’re 40, the rule is that 40% of your portfolio should be bonds and the rest should be equities. But this shortcut, like many others, is oversimplified. It doesn’t take into account changes in the market environment, not to mention your life and circumstances over time. Successful investors fully and optimistically engage in their financial lives. That doesn’t mean being a day trader, but rather owning your financial future. Make the most of it.