Reposted with the kind permission of Charles Hugh Smith The essence of debt serfdom is debt rises to compensate for stagnant wages. I often speak…
The Senate torpedoed the Administration’s Buffet Rule.
This was a dumb piece of legislation. The joke was that it would have only raised $5b a year. That’s chump change. It never had a chance of passing. It was a show pony for the November …
The main reason I like dividends and capital gains is that I can get free money
without having to do any work.
The second reason is since I didn’t have to do any work for the money, the tax is
only 15%. If were to go to work overtime for the same m…
Gingrich tax ‘plan’ starves government, feeds the wealthy, rests on flawed assumptions
Angry Bear Blog|Dec. 14, 2011, 8:41 AM|55|1
by Linda Beale
In case you hadn’t heard about it, Gingrich would offer taxpayers a choice to pay tax under current polic…
[Five ways income inequality happened, and will continue
On Friday October 28, 2011, 11:31 am EDT
By John Wasik
(Reuters) – As if on cue for an Occupy Wall Street commercial, the latest Congressional Budget Office report highlighted the large crevass…
First of all, Social Security is already means tested by
1) Progressive taxation of benefits.
2) Progressive reduction in benefits per dollars payed in.
however, further means testing of the have lesses is a fairness topic other than the thoughts I wa…
Virtually all American citizens – not just the wealthy – are paying less in taxes than at any time in history. Yet the chorus of “We’re paying way too much in taxes” has never been louder…..
WASHINGTON — As millions of procrastinators scramble to …
For the well-off, this could be the best tax day since the early 1930s: Top tax rates on ordinary income, dividends, estates, and gifts will remain at or near historically low levels for at least the next two years. That’s thanks in part to legislat…
