This Week's Term

Ad valorem tax refers to a tax that is based on the assessed value of a property, service, or product.   Ad valorem is a Latin phrase which means "according to value," and this type of tax is usually imposed at the time of a transaction.  Common examples of an ad valorem tax include property and sales tax.

Personal Finance

Consumer Debt Statistics: The latest statistics from the Federal Reserve indicate consumer debt in the United States continues to increase, reaching nearly $4.15 trillion in August 2020.  According to statistics published by the Census Bureau, that works out to over $12,706 in debt for every man, woman and child that lives here in the United States.


Highest Paying Jobs 2020:  In this article, we're going to provide several lists of the highest paying jobs in America, as determined by the U.S. Bureau of Labor Statistics.  We're also going to slice and dice that data several different ways, revealing some interesting trends in the information.