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Tag Archives: taxes
Four Wise Men
What do two billionaire capitalists and two Nobel Prize-winning economists have in common? All four see a problem that few want to acknowledge or tackle. Recent comments from these four should alert us to the challenge we face and the … Continue reading
Posted in Blogs On Current Affairs & Events, Economics, Money
Tagged financiers, income inequality, Nobel Prize, taxes
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It doesn’t make any sense (IX)
The Philadelphia Inquirer October 20, 2013 This is a perfect analogy! Wouldn’t it be great if we could design budgets in which we only plan to spend what we take in?
Posted in Blogs On Current Affairs & Events, Economics, Leadership, Money, Political
Tagged budget deficit, credit cards, debt, taxes
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For our Planet and Soul
Want to cut taxes, decrease the deficit, reduce regulations and improve the environment? A carbon tax would accomplish all that, but it has surprisingly few supporters. In fact, policy makers are running the other way. Economists have long argued … Continue reading
It doesn’t make any sense (VIII)
Cities do it; states and provinces do it; even countries do it. So “it” must be good. Or maybe not! What these political entities do is lure businesses, through direct payments and subsidies, to their territory. Politicians can then commend … Continue reading
Posted in Blogs On Current Affairs & Events, Economics, Leadership, Money, Political
Tagged business subsidies, jobs, taxes, zero sum game
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A is for Apple: C is for Chutzpah
Earlier this month Apple Corporation (AC), the darling of businesses and consumers alike, sold $17 billion worth of bonds. Thanks to the U.S. Federal Reserve’s policy of quantitative easing (printing money to keep interest rates artificially low) Apple’s new 3 … Continue reading
Posted in Blogs On Current Affairs & Events, Economics, Leadership, Money
Tagged Apple, income inequality, interest rates, pension funds, QE3, retirees, taxes
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It’s Not so Taxing II
Last month marked the 10th anniversary of the start of the Iraq war. Many commentators used the occasion to discuss the lessons that we should have learned from this ill- conceived foray that cost tens of thousands of lives and … Continue reading
Posted in Blogs On Current Affairs & Events, Leadership, Money, Political
Tagged budget deficit, debt, defense spending, Iraq, taxes, war
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How taxing is it?
“Heredity and environment play a role, but what really makes you what you are is Tax Policy!” This whimsical wisdom was offered in a comic in the March 18th issue of Barron’s Financial Weekly newspaper. Tax policy has long … Continue reading
Posted in Blogs On Current Affairs & Events, Economics, Health Care, Political, Uncategorized
Tagged budget deficit, diabetes, heart disease, obesity, soda, sugar, taxes
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The Coming Fiscal Cliff – Jump!
Federal Reserve Chairman Ben Bernanke coined the term “fiscal cliff” to describe the situation which will begin in 2013 when income tax rates rise and federal spending declines. The non-partisan Congressional Budget Office (CBO) forecasts that a recession will likely occur under … Continue reading
“It doesn’t make any sense” II
The world population rose from 1.6 billion in 1900 to 7 billion in October 2011, and the U.N. projects that it will reach 9.3 billion by 2050. Achieving agreement on the “right” number of people may be impossible, but it’s … Continue reading
Time to Take Charge
Wideanglethinking.com has recently posted discussions about the U.S. budget deficit challenges. Current Federal budget policies put the U.S economy on an unsustainable path over the next decade—unless Congress and the president agree on spending cuts, tax hikes, or both. What … Continue reading
Posted in Blogs On Current Affairs & Events, Economics, Money, Political, Uncategorized
Tagged budget deficit, spending, taxes
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