California state legislators have picked up the ball from radical federal Democrats and are getting ready to propose a wealth tax of their own. This will be an interesting experiment. With the real prospect of a federal wealth tax of some degree on the horizon, should the Democrats gain enough power in the upcoming election […]
Taxation is front and center in this year’s election, a lot more front and center than the electorate realizes. Having the right information is critical, and not having it is dangerous. The American people will once again choose who they wish to lead them for the next 4 years, who they want to lead the […]
With so many stock market bashers on the Democratic side, investors need to really fear a sweep in November. If you like tax breaks with your investments, the bell tolls for thee. It should not come as a surprise to anyone that Joe Biden is now planning to get rid of preferential tax treatment with […]
Presidential candidate Joe Biden’s enthusiasm for raising taxes may court favor with a lot of the electorate, but it’s only because few people know the real consequences of this. With all the things that we teach kids in school, there definitely needs to be more focus on economics. We’re not talking about teaching them all […]
With all of the talk about what the ramifications of a wealth tax may involve, we’ve neglected to address the issue of how to measure it, especially with stock positions. The very fact that people may have to liquidate assets in order to pay taxes that are due is a scary enough prospect. There is […]
In spite of all the economic concerns out there about the proposed wealth taxes from Bernie Sanders and Elizabeth Warren, one Wall St. Economist thinks they are too small. The fact that modern economies are living on borrowed time is far from news, even though not a lot of people care or dare to think […]
Two economists who advise presidential candidates Elizabeth Warren and Bernie Sanders say that the 400 wealthiest families pay a lower tax rate than the middle class. It seems that it isn’t just politicians that have axes to grind, as we now have a report out there from a couple of politically motivated economists that is […]
It is no secret that Bernie Sanders isn’t too keen on people having massive amounts of wealth, and he wants to appoint himself as the one who decides how much is too much. Democratic politicians are already well known for their love of economic redistribution, what we could call the Robin Hood approach to government. […]
Carbon taxes and other measures designed to try to reduce our carbon emissions are seen by a great many people as essential these days. They need to think this through more. We’ve seen a lot of what we could call anti-carbon parades this week, with the focus on what we can do and may need […]
We might think that a bill looking to accomplish such things as improving the trade deficit would seem like a fine idea indeed. We need to look behind the rhetoric though. There are a lot of people that look at America’s massive trade deficit and see this as a harm or at least lost opportunity, […]
