Forever Stamps & Time Value Of Money
For those on the prowl for real-life examples of the time value of money for use in the basic income tax course: Mike Dorf has an interesting example from today's increase in the cost of a first-class mail stamp to 41 cents, and the Post Office's sale of "Forever Stamps" which can be used for first-class mail at any time in the future based on today's rate: Forever Stamps: Convenience or Scam?, which is based on a Washington Post article by Allan Sloan, ";;Forever'" Stamps Save Time, Not Money:
Tax Prof Blog
For those on the prowl for real-life examples of the time value of money for use in the basic income tax course: Mike Dorf has an interesting example from today's increase in the cost of a first-class mail stamp to 41 cents, and the Post Office's sale of "Forever Stamps" which can be used for first-class mail at any time in the future based on today's rate: Forever Stamps: Convenience or Scam?, which is based on a Washington Post article by Allan Sloan, ";;Forever'" Stamps Save Time, Not Money:
Tax Prof Blog
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