Trade and Development Run 75411 picked up this recent report over at Economists View where someone (Goldilocksisableachblond?) pointed to a recent UN report TRADE AND DEVELOPMENT REPORT, 2012 Run says: There are some interesting comments within the Overview to the much longer report, which I found germaine to what is happening in the US and […]
I don’t pay more than are legally due and frankly if I had paid more than are legally due I don’t think I’d be qualified to become president. I’d think people would want me to follow the law and pay only what the tax code requires. — Mitt Romney, speaking to ABC’s David Muir, July […]
Between 1990 and 2009, the Romneys’ average annual effective federal tax rate was 20.2 percent, according to [notarized tax return summaries by Romney trustee Brad] Malt. The lowest effective federal personal tax rate they paid in that period was 13.66 percent, he said. Over the same 20-year period, the couple gave an average of 13.45 […]
Romney paid 14.1% of his income and capital gains as tax in 2011. But I wonder I hope I wish that all of that was capital gains tax and none of it was income tax. What goes around comes around and he who equates paying zero federal income tax with paying no taxes had better […]
My introduction (so to speak) to Ann Romney came, if I recall correctly, about two years ago, when I read an article (I can’t remember where) that profiled the Romneys in-depth. The article discussed the Seamus matter, and the 2007 Boston Globe article in which the Romneys’ son Tagg revealed the incident to reporter Neil […]
I googled the title phrase and ‘Behold!’, here are the three links. Mike also sent them. Cactus and his merry band of madmen and Megan McArdle Megan McArdle has a question Megan McArdle has a question: What happens to the cottage industry among Democratic-leaning armchair economists grinding out analyses proving that Democratic presidents are, like, totally […]
by Kenneth Thomas More New Books Highlight Plight of Middle Class The situation of the middle class is a hot topic these days, and rightly so. In addition to James Carville and Stan Greenberg’s recent book, It’s the Middle Class, Stupid, new books are out by Donald Barlett & James Steele, Jeff Faux, and Mike […]
by Tom aka Rusty Rustbelt Health Care Thoughts: PPACA Penalty/Tax The Congressional Budget Office predicts in 2016 up to 6 million largely middle income workers will pay the PPACA “tax” or “penalty” or whatever we decide to call it, averaging about $1200. This is about 50% higher than previous estimates of impacted taxpayers. A weak economy […]
Angry Bear has had a history of disagreement with Megan McArdle via her Atlantic magazine posts (starting in 2007), at one point being called Mike and his merry madmen in print by Megan McArdle (in exasperation?). Still. the madmen included Mike, Dan Crawford, Spencer England, Ken Houghton, Robert Waldmann, and other notables brought in to […]