Well, at least equalize the rates at a minimum. But as you read from CNN, he seems to be suggesting something more at least for a certain means of income earning. From the Washington Post: Buffett cited himself, the third-richest person in the world, as anexample. Last year, Buffett said, he was taxed at 17.7 […]
I was tanking up the other day. The Caravan fortunately and not the truck (33 gallons) when I noticed that diesel was about $0.20 less than regular. That seemed unusual from my recollection and got me wondering. So, I found this site by our government titled Energy Information Administration. You can down load all sorts […]
Updated below. Cactus’ post got me thinking. And, holding true to my thought that we have changed our focus I decided to take a longer view.First is at chart by year from 1929 to 2006 of the savings % of disposable income. Notice the WWII years? This is the same time income from entrepreneurship was […]
Hoisted from comments, Bruce Webb writes… The Economic Right as represented by Sowell are getting desperate and as such are petulently lashing out. The key to understanding their thinking is that they don’t see inequality as something to be resisted. In their ideology cream rises to the top while the markets allocate returns on productivity […]
This is a continuation of looking at the income of the top 10% of this country. Before we go further, let’s look at what kind of a money machine we are when compared to other countries.This is a chart of GDP by country for 2005 based on data from data360.org. We seem to be quite […]
Here’s a little fun one for you. Should pets, in this case dogs, be tax deductible like children? That’s right. From Congress.org a person comes up with this proposal: My husband & I have no children because we cannot afford to have children living on Long Island. But we do have 2 dogs – 2 […]
After reading Stormy’s post on global warming posted Thursday, 3/12, I heard on NPR’s Market Place today, Thomas Friedman’s solution to the problem – Greed. (Green with a D) Now, there is something wrong I think when a negative character trait is professed as a good thing and a necessity to solve a community problem. […]
This is a continuation of my previous post on what to do to help out Michigan and Ohio. (or the rest of the nation for that matter). I suggested that there is plenty of money in this country, we just need to find a way to reduce a trend that has lead to the top […]
Well, Save the Rust Belt inspired me to make my first, self posted posting. Save the Rust Belt appears to be asking for help in his posting about the downturn of Michigan and Ohio. So, I thought this is a good post to jump on to start a line of solutions as oppose to just […]
Kash suggests that Greg Mankiw was not careful in his beer drinking example: The first and second men (the poorest) used to pay $0.20. Now they pay only $0.15 (a savings of $0.05, or 23%). They must then pay an additional $0.16 somewhere down the road. The third and fourth men (the next poorest) used […]