Income Tax Reform, HFT, IRM72 Plans, Student Debt and Wall Street

Listeners’ Questions, Peter’s Answers Audio – May 19, 2014

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[separator style_type=”single” top_margin=”5″ bottom_margin=”5″ sep_color=”” icon=”fa-play” width=”” class=”” id=””]John in Philadelphia, PA
If Obama and the Republicans get together for tax reform in 2015, would you be in favor of a compromise that lowers personal and corporate tax rates, but also includes a VAT tax like Germany and China have?

Tricky Rick in Boise, ID
What’s your take on HFT or High Frequency Trading action in the stock market.

Lucy in Kernersville, NC
What is your opinion on IRM72 plans? Are they legitimate?

Ryan in Cleveland, OH
I am a medical student and naturally am accruing a healthy amount of student debt at around a 6% interest rate. I was wondering if there was a way to take advantage of the significantly lower federal interest rate to get out from under the high and growing student debt interest rates?

Philip in Laguna Niguel, CA
Do you think it’s possible that Wall Street knows the economy isn’t getting better, but that they play dumb just as Madoff’s clients did?