Tax Burden Equal to 70% Rate Crushes Americans Unable to Pay It… (Bloomberg) — Millions of low-income Americans are locked into poverty thanks to U.S. tax policy, Federal Reserve Bank
Tokyo (CNN)Japanese fighter pilot Lt. Col. Takamichi Shirota says his country is under increasing pressure from the air. Analysts say it’s a pressure faced by few other nations. More than
There was a high level of variability between the excess of mortality experienced in the 14 countries we studied, with a minimal value of 33% in Finland and a maximal
UBS strategist Francois Trahan points out U.S. corporate debt has surged by 50% over the past decade and now stands near $10 trillion. Such a jump in corporate debt would
BARCELONA, Spain — For the often-ridiculed followers of ufology, the study of unidentified flying objects, there was a sense of validation when the celebrated physicist and author Michio Kaku took a break
by Lance Roberts Just recently, Rex Nutting penned an opinion piece for MarketWatch entitled “Consumer Debt Is Not A Ticking Time Bomb.” His primary point is that low per-capita debt ratios and
by howmuch Total private and public debts in the U.S. have hit an all-time high $70 trillion. One contributor, fueled by high interest rates and expanding services, is credit card debt. Per
by Jesse Colombo As the current economic cycle becomes increasingly long-in-the-tooth and macroeconomic and earnings data deteriorate, it is time to start thinking about the next recession. In particular, I wanted
via wharton: That rising student debt is one of the creeping threats of our time is hard to refute. Student debt has more than tripled since 2004, reaching $1.52 trillion in
Our health insurance is more than our mortgage. AC
by howmuch Tax policy experts usually think about sales tax in one of two ways. On the one hand, it is aregressive tax because it takes a greater percentage of income
by DCG Mental gymnastics required for this logic. From MyNorthwest.com: As homeowners reel from the sticker shock of higher property tax bills (average increase 17%), lawmakers in Olympia are considering a new capital gains
by howmuch There’s a lot of confusion and misunderstanding out there around the economic impact of illegal immigration in the United States. We decided to bring some clarity around the
by Viraj Shah China is grappling with mounting debt. The countries credit to GDP ratio is at 28.8 percent. The U.S. economy was not able to ward off a financial