Looking back to 1988
We look forward not back
Does your accountant seem obsessed with last year? If you want to legally pay less in taxes, you need a professional who looks forward. Relax Tax helps our clients focus on planning for a better future, and not the past. If we want to look back at anything, we thought it might be fun let our blog look back at what we learned in the last 50 plus years. You can get a FREE COPY of the entire guide at back.relaxtax.com. Now lets take a look at 1988.
1988 Big News Story
Pan Am Flight 103
1988 was the year that George H.W. Bush defeated Michael Dukakis in the presidential election. In July, the cruiser USS Vincennes accidentally shot down Iran Air Flight 655, killing all 290 aboard. In December, Libyan terrorists exploded a bomb aboard Pan Am Flight 103, killing 259 passengers aboard and 11 more people on the ground.
1988 by the Numbers
Economic Data from 1988
Grocery Prices from 1988
Personally, 1988 was a typical college year. Being a Big East student at the time, I specific remember that Syracuse students died in the crash. I do remember the prayer session prior to the game. Beyond that 1988 was the year I jumped on the magic carpet and became Lambda Chi Alpha Beta Iota 493. As fraternities go that is all that I can say about that in ZAX fellow brothers.
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