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S1E13 - MB | Outlandish Tax Deductions | Housing Starts | Stock Market News | Puppet Series - YouTube
Channel: Monkey Business
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hello
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and welcome to monkey business this is
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monkey business
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for january 17 2013 and
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in today's afternoon coffee newser we
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have
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boosted by better than expected data on
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us initial jobless claims and new
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residential construction the s p
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500 road to a five-year high today the
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s p 500 is a stock market index created
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by financial services company standard
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and poor's
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the index is based on the common stock
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prices of 500 top publicly traded u.s
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companies many of them
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brands that most u.s consumers would
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recognize such as
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cvs walmart netflix newell rubbermaid or
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nike the s p 500 closed at 1488.94 its
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highest level since december 2007
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the index's highest close was on october
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9th 2007 when it closed at 1565-15
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so housing starts in a joint release the
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u.s census bureau and the u.s department
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of housing and urban development report
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privately owned housing starts in
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december 2012 at a seasonally adjusted
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rate
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of 954 000.
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this is 12.1 above the revised november
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2012 estimate
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of 851 000 and 36.9 percent above the
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december 2011 rate
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of 697 000. what is that
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radiator sounds like a rocket ship well
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i know it's not a boeing dreamliner
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anyway just excuse us folks
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one sec stats on new residential
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construction data for
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january 2013 will be released on
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wednesday february 20th
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2013 at 8 30 a.m eastern standard time
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and for u.s jobless claims the u.s
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department of labor reports that in the
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week ending january 12
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2013 the figure for seasonally adjusted
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initial claims was 335 thousand
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that's a decrease of thirty seven
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thousand from the previous week's
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revised figure of three hundred
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and seventy two thousand the largest
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increases in initial jobless claims in
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the us
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for the week ending january fifth twenty
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2013
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we're in new york georgia north carolina
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california and texas for more on any
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threads from this story
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just check the links in the infobox and
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now over to marcel for nearly news
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take it away marcel in a recent episode
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we reported that
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u.s internal revenue service or irs is
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starting out a week late
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on their own schedule for more details
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on that
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here's the episode here's a quick
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summary the irs planned to open tax
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season on january 22nd
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but was delayed by the us congress and
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starts processing tackle
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tax returns for the vast majority of
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filers on january 30th
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2013. so something to look forward to
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then
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in the meantime unhappy taxpayers can
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amuse themselves with some of the more
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outlandish tax deductions people have
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claimed over the years
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hmm yes let's just play a quick game but
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can you believe it
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so tell me which of these
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unusual tax deductions were actually
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allowed in the end
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one an exotic dancer who tried to deduct
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the cost of chest implants to give her
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bigger
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assets 2. a couple who didn't want to
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drive or take a commercial flight to
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check out bergando condo and so instead
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they just bought their own plane
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or three a gas service station owner who
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came up with an offbeat perk for regular
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customers
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free beer ready
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do you know all of them
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keep ranger magazine has helpfully
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provided an actual slideshow
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so far a link to that and details on
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lots of other entertaining tax
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deductions just check the info box
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as for exotic dancers lazy candy owners
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and free bear distributors who tell
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their stories with a straight face
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we upload you free entertainment
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and that's today's monkey business take
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care folks it's a jungle out there
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oh i forgot my q but i look
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marvelous no
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you
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