A potpourri of interesting current events, new products, humor and just plain fun, so pull up a chair and stay a while. If your favorite post has disappeared out of sight, you can find it by selecting a category from the left hand side bar.
I am Perry Peterson, a retired auditor and tax accountant. My wife Valeta and I live along the front range of the beautiful Colorado Rocky Mountains.
Please note: some of the links in older postings on this website may have expired by the time you see them.
Ohio Senator Sherrod Brown (pictured) has called for a Burger King boycott after the company confirmed its plan to buy Canadian donut chain Tim Hortons and relocate its headquarters to Canada.
The deal would create the world's third-largest fast-food company and lower Burger Kings corporate tax rate in the process.
President Obama and Congress have criticized so-called "tax inversions" because they mean a loss of tax revenue for the U.S. government.
Burger King isn't the first company to face fallout over a tax inversion. Big U.S. companies, including pharmaceutical AbbiVie and Valeant Pharmaceuticals, recently have pursued tax inversions to cut their costs. Earlier this month, Walgreen abandoned plans to pursue a tax inversion after negative publicity about the planned move.
Perhaps Senator Brown should call for a lower corporate tax rate in the U.S. rather than call for a Burger King boycott.
The United States has the highest corporate tax rate in the world at 40%. The corporate tax rate in Canada is only 26.5%.
Companies will continue to move their headquarters away from the U.S. as long as the corporate tax rate remains the highest in the world.
A report on why the U.S. should lower the corporate tax tate can be found here. Click here for the call to boycott Burger King report.
Sperry & Hutchinson, distributor of S&H Green Stamps, was the most popular of literally dozens of savings stamp programs available in the last half of the 20th century.
Although S&H Green Stamps were available before 1900, most of the other savings stamps came out much later.
After you filled up a Green Stamp book, and tried your best to get the glue taste out of your mouth (we used a well dampened sponge) you drove down to the S&H Redemption Store (pictured) to shop for merchandise.
This is a “Stamp Saver” collection box made to hang on a wall. This is the one we used. It sat on top of the refrigerator and over the years collected enough stamps to fill several booklets.
We still have it displayed in the kitchen although it has not been used for Green Stamps for many years.
There were other similar stamps available in our area but the only ones we collected besides S&H Green Stamps were the Blue Community Savings Stamps that were available in Lincoln, Nebraska where we lived at that time.
Blue Stamps were given as premiums to many shoppers in Nebraska starting in the 1950's. Although available at many other area stores they were sponsored by Miller and Paine department stores in Lincoln and Grand Island Nebraska.
Blue Community Savings Stamps were popular in the 1950’s and 1960’s but lost their luster in the 1970's and finally died in the 1980's when Miller and Paine department stores were purchased by Dillard’s.
One of the first things Dillard’s did was to close the “flagship” Miller and Paine store (shown above) at 13th and “O” in downtown Lincoln, Nebraska.
The state of California may exempt Tesla Motors Inc. from some of its toughest environmental regulations as part of an incentive package being discussed with the automaker to build a massive battery factory in state.
Tesla has been in the news for spectacular fires in some of their cars (see reports at link 2 and 3 below)
The plan being negotiated in the governor’s office would grant Tesla waivers for significant portions of the nearly half-century-old California Environmental Quality Act, a proposal that is alarming some environmentalists.
The governor's pitch also includes a number of tax breaks for Tesla that could be worth as much as $500 million, or about 10% of the project's total cost.
California is competing with Nevada, Arizona, New Mexico and Texas for the project and is apparently ready to throw environmentalists under the bus to close the deal.
Marijuana tourism in Colorado is alive and well and the profits are showing.
The beautiful Rocky Mountain town of Steamboat Springs has seen new business ventures promoting marijuana themed souvenirs for pot using tourists.
Shops like these contain merchandise sporting marijuana printed shot glasses, sunglasses, sweatshirts, and hats, the chances are if you name it someone has already branded a big ol’ Colorado weed leaf on it.
Visitors tend to swarm these vendors asking for advice on local smoke shops and eateries while picking up a little token for the trip home.
Almost half of the states pot users are tourist and they consume an estimated 7 percent of the total demand of the herb. It seems obvious people are going to capitalize on this opportunity, and yes they are doing well.