If you have been in a 401K like I have over the decades, you know this has been helpful in reducing tax on your income. If you do not know this, you do now. The GOP is making eyes on your 401k contributions with the intent of removing the upfront deduction which lowers your taxable […]
Trickle-down, with the emphasis on “trickle” Since the turn of the Millennium, a torrent of corporate tax cuts has resulted in a trickle of investment growth. This morning Dean Baker objects to: the argument … that reducing corporate taxes will lead to more investment and thereby greater wage growth in the future. The data from […]
Last year I wrote a post noting that the income of group of immigrants in the US is correlated with the income of the country from where those immigrants hailed. I noted that this correlation is especially strong for immigrants in the US for the longest. I just stumbled on this paper from earlier this […]
Bruce Bartlett’s twitter comments offer a look at one of this September’s issues.
I stumbled on a blog post by Jerry Ratcliffe, who is a Professor of Criminal Justice and Director of the Center for Security and Crime Science at Temple University, Philadelphia, and a former police officer with London’s Metropolitan Police (UK). From one of this posts: Graph no. 2 is another image from my Intelligence-Led Policing […]
Reader Dan sends along this one: (this was my newbie persona ten years ago http://angrybearblog.strategydemo.com/2007/05/reader-dan-on-insurance.html) ——————- My insurance in MA was cancelled on property due to ‘limiting risk exposure’ by my insurance company. While near the coast, my investment property is not on a flood plain and well protected as well as being higher by […]
Via New York Times comes this information on flood insurance, which I believe is the predominate cause of storm damage in the Houston area and beyond: Private homeowners’ policies generally cover wind damage and, in certain cases, water damage from storm surges. But for almost half a century, all other homeowners’ flood coverage has been […]
Is David Ignatius Falling For Saudi Propaganda? Washington Post columnist and occasional novelist and diplomat, David Ignatius, is one of the best informed and wisest of commentators on Middle East affairs. Thus it is with concern that in yesterday’s Washington Post in a column titled, “A new chance for Middle East peace?” he seems to […]