The papers the other day reported that the Baltic countries are in serious trouble. The crisis has hit them harder than it has Poland. Latvia’s economy contracted 4.2% in one quarter. I patiently await a rash of articles highly critical of the flat tax which the Baltic countries embraced in the 90s. ...
Now that the Governor has proposed a special session to deal with the state's fiscal crisis, the California GOP faces few choices. They can (a) hunker down and circle the wagons against tax increases (the usual position), (b) cave in to increase taxes (using some termed-out scapegoat), or (c) show s ...
La flat tax : impôt sur le revenu à taux unique, dossier sur Contribuables Associés Les musulmans français : un sondage aux résultats inquiétants, sur Bivouac-ID L’espace de la gauche de gouvernement se rétrécit de jour en jour, chez Brice Couturier Crise: le plus dur est devant nous, un changement ...
Why America needs an economic strategy The article above is a really interesting article giving a broad and objective view of America’s strengths and weaknesses in the economy. Sure, patriotism is good, but is pragmatic soul searching. I thought the article a little too broad and never really nailed ...
Fill out your choices here for President, US Senate, State Senate 26 and State House races 71, 77 and 79. It’s who you THINK will win. Not who you want to win. If more than one person gets them all right, the winner will be who is closest to guessing the Electoral College point spread between Obama ...
Forbes’s Janet Novack says “ Forget the promises. The government will grab lots more of your money.” One of the suggested solutions…a value-added tax. Hard to say whether or not a VAT would cripple an economy driven primarily by consumer spending, but that is certainly what folks start screaming whe ...
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by Pa Rock Citizen Journalist John McBush continues to rant and roar over the Obama plan to "re-distribute" the wealth, referring to his opponent as the "re-distributor" in chief. McBush is worried, and rightly so, that Obama will increase taxes on the rich - people like himself and Mrs. McBush. The ...
Credit Default Swaps – A Primer A credit default swap is a type of credit derivative. Credit derivatives “derive” their value from an underlying credit instrument; generally the bonds of sovereign nations or the bonds of a corporate entity. In recent years, credit derivatives have been created that ...
