Home » Posts tagged 'taxes' (Page 6)
Tag Archives: taxes
Illinois Politicians Are Doubling Down on Failure
Illinois Politicians Are Doubling Down on Failure In the face of a fleeing population, politicians in Illinois are doubling down on the policies that are driving people away in the first place. When I did a poll earlier this year, asking which state would be the first to suffer a fiscal crisis, I wasn’t terribly surprised that Illinois […]
GOP Tax Law Bails Out Fracking Companies Buried in Debt
GOP Tax Law Bails Out Fracking Companies Buried in Debt EOG Resources is one of the top companies in the fracking industry, and thanks to the new tax bill passed by Republicans and President Donald Trump at the end of last year, EOG had an exceptionally strong year compared to 2016. In 2017, the company reported a net income of […]
War Deaths, and Taxes
War Deaths, and Taxes Are the federal taxes coming out of your wages and due this week killing you? Sadly what’s rhetorical for US tax payers is gravely literal for people of eight countries currently on the shooting end of the US budget. This year at least 47% of federal income taxes goes to the […]
New Jersey Prepares To Raise Taxes On “Almost Everything” As It Nears Financial Disaster
New Jersey Prepares To Raise Taxes On “Almost Everything” As It Nears Financial Disaster Last week we noted that in what was a radical U-turn to what other public pension funds have been doing in recent years – most notably Calpers – the struggling New Jersey public pension system decided that instead of lowering its […]
When Did Global Warming Theory Begin?
When Did Global Warming Theory Begin? Back in 1967, the International Global Atmospheric Research Program was established, mainly to gather data for better short-range weather prediction, but included climate. The following year, this was the beginning of biased studies which suggested that a possibility of a collapse of the Antarctic ice sheets would raise sea levels catastrophically. […]
Rising Economic Head Winds
Rising Economic Head Winds Remember the “tea party” revolt in 2009–2010 against government bailouts and government spending? Remember the “fiscal cliff” drama of Dec. 31, 2012, when Congress raised taxes and cut spending to avoid a debt default and government shutdown? Remember the actual government shutdown in October 2013 as Republicans held the line against […]
Hunt for Taxes & the CRS
Hunt for Taxes & the CRS QUESTION: Mr. Armstrong; I followed your advice and opened an account in the United States. I live in Britain and my daughter lives there in the States so I used her local address. To my shock, it was very easy. You said the USA has become the new tax […]
Canada Taxes & Dependents
Canada Taxes & Dependents
Meet the Italian government’s Orwellian new automated tax snitch
Meet the Italian government’s Orwellian new automated tax snitch By the end of the 3rd century AD, the finances of ancient Rome were in terminal crisis. Years and years of debasing the currency had resulted in severe hyperinflation– a period of Roman history known as the Crisis of the Third Century (from AD 235 through […]
The Hunt for Taxes Brings Down Governments Every Time
The Hunt for Taxes Brings Down Governments Every Time COMMENT: Mr. Armstrong; I live in Germany. I wanted to send my father €200 for Christmas. I had to prove where the money came from. It does seem as if there is a major gap between those trading the euro for big banks and the people. I […]
The Debt Beneath
The Debt Beneath Debt is irrelevant and matters not. It’s different this time. That’s the message from politicians, markets and participants. Tax cuts pay for themselves (they do not), leverage doesn’t matter (it does) and the increased costs of servicing the debt as a result of rising rates will be offset by imaginary real wage […]
Can a Country Commit Suicide by Taxation?
Can a Country Commit Suicide by Taxation? Certainly, an economy can be seriously damaged by reckless taxation, but Greece seems determined to see if it can be outright destroyed by it, too. Greece has confirmed that a nation can spend itself into a fiscal crisis. And the Greek experience also has confirmed that bailouts exacerbate a fiscal […]
The Deep History of Taxation May Surprise You
The Deep History of Taxation May Surprise You For the majority of history, the idea of sustained taxation in peacetime was anathema. So what happened? Two things in life are certain: death and taxes. So goes the saying. And yet despite that, the idea of the necessity of taxation is largely undisputed, “consent” to its […]
Tax Them Till They Bleed
Tax Them Till They Bleed Jean-Léon Gérôme Truth Coming Out of Her Well to Shame Mankind 1896An entire library of articles about Big Tech is coming out these days, and I find that much of it is written so well, and the ideas in them so well expressed, that I have little to add. Except, […]
