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 of debt serfdom; here it is, captured in a single chart. The basic dynamics are all here, if you read between the lines: 1. Financialization of the U.S. and global economies…
Tag Archive for Capital Gains
Bruce Krasting, Contributors- Economic and Financial, Must Read
A Different Buffett Rule – One That Would Work
by Bruce Krasting • • 0 Comments
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 …
Bears Chat, Best of the Forums, Must Read
Why I like Dividends and Capital Gains so Much
by Bears Chat at The Wall Street Examiner • • 0 Comments
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…
Bears Chat, Best of the Forums, Must Read
Gingrich tax ‘plan’ starves government, feeds the wealthy, rests on flawed assumptions
by Bears Chat at The Wall Street Examiner • • 0 Comments
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…
Bears Chat, Best of the Forums
Five ways income inequality happened, and will continue
by Bears Chat at The Wall Street Examiner • • 0 Comments
[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…
Bears Chat, Best of the Forums
Why Means Testing Won’t Work
by Bears Chat at The Wall Street Examiner • • 0 Comments
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…
Bears Chat, Best of the Forums
Richest Americans’ Taxes Drop Dramatically
by a Wall Street Examiner • • 0 Comments
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 …
Bears Chat, Best of the Forums
How To Pay No Taxes
by a Wall Street Examiner • • 0 Comments
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…
