…befuddle the message. Capital doesn’t receive income; the owners of capital do. If I had my way, capital would always mean long-lived, real-world stuff that humans produced. It’s a pretty…

…capital inflows — that is, inflows of funds from residents of other nations who are investing in your country – have led in some cases to persistent trade deficits. This…

…competition (preferred if possible) or through taxation and redistribution. Following are the tax rates on Capital v. Labor: Labor Tax Bracket Capital Gains, Short Term Capital Gains, Long Term 10%…

…million? Much of the speculation concerned whether Romney stacked the account with Bain shares and significantly undervalued them as worth less than the maximum yearly deposits. There was speculation that…

…you control out of bankruptcy. By this standard Romney is not a budget balancer at all. At Bain he made huge amounts of money relying on limited liability. Several Bain…

…business that generally doesn’t do anything to increase national wealth. Mitt Romney accumulated his wealth as managing director of Bain Capital, a leveraged buyout fund (LBO). LBOs are driven by…

…classed as business expenses, foreign bank accounts, tax shelters, offshore companies, income from Bain Capital, and effective tax rate. Much speculation has centered on the fact that Romney has accounts…

…bankruptcy and dissolution. Just one example: “When Bain Capital took over, it seemed like everything was being neglected in our plant,” says Sanderson. “Nothing was being invested in our plant….

…to do their job ? On the Con, Bain was just an administrative vehicle. The privately owned firms were owned by ad hoc special purpose limited liability partnerships. Romney convinced…

…his old calculator around. The one from his Bain days. The one that could actually add and subtract! And multiply and divide and perform algebraic, trigonometric and calculus equations, and…