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Pigs Fly! Wall Street Journal Drops The Use Of "Death Tax"
6 hours ago ago from Capital Gains and Games
I missed this when it occurred a little over a week ago, but the Wall Street Journal is now saying the term "death tax" should not be used by its reporters when writing about estate taxes. Here's the money quote: "...the term death tax has become too politicized to be of any use except in editorials. Bury it." This sudden and dramatic drop in temperature in Hell apparently was prompted by what the Journal said was negative ...
Related contentEconomics No Match For Politics | Laissez-Nous Faire
16 hours ago ago from Laissez-Nous Faire | Keeping That Dog Authority From Slavering At Your Throat
Posted by Ray on 12/09/09 Categorized as Economics Richard Epstein Richard A. Epstein is the James Parker Hall Distinguished Service Professor of Law at The University of Chicago. He is also one of the most sophisticated defenders of laissez-faire capitalism now living. Recently he wrote an article for Forbes Magazine entitled Economics No Match For Politics. At the end of this article, Richard Epstein explains, with his ...
Related contentDarling Unveils One-Time Tax on Large Bank Bonuses - Wall Street Journal
2 hours ago ago from InstallBlogs.com
BBC News Darling Unveils One-Time Tax on Large Bank Bonuses Wall Street Journal LONDON UK Treasury chief Alistair Darling said Wednesday the government will impose a one-time 50% charge on large bank bonuses, responding to increasingly sour public sentiment toward the banking sector in a largely neutral UK's Bonus Tax Is 'Populist, Discriminatory,' Executives Say Bloomberg Inheritance tax threshold frozen BBC News Darling moves to safeguard ...
Related contentThe PBR – a first reaction
2 hours ago ago from called2account
Having spent the PBR tweeting furiously – which seemed to be picked up on over a wide audience – now is the time for first, calm reactions. So, good news first: Spending is to continue; The young and those over 50 are to get special support to find work This is to be paid for by a tax on bank bonuses – which is welcome Front line services are being protected Benefits will rise despite there having been deflation – which avoids a bear ...
Related contentRichard Epstein Offers Advice to Obama
19 hours ago ago from Cyberhillbilly
From Forbes: You can only improve labor markets by freeing them up. Scrap the talk about goofy ad hoc subsidies, and tell the president, for the first time in his life, to think hard about deregulation. Roll back the three recent minimum-wage increases that have blunted job creation for low-skilled workers in a stagnant labor market. Announce he will veto any effort by Congress to pass the Employer Free Choice Act, whose uncertain threat of ...
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Burton G. Malkiel and George U. Sauter: A Transaction Tax Would Hurt All Investors
15 hours ago ago from Wall Street Journal
'Don't tax you, don't tax me, tax that fellow behind the tree." Those famous words were spoken more than 30 years ago by the late Louisiana Sen. Russel B. Long when Congress was looking for ways to raise revenue. Some members of Congress believe they've found the fellow behind the tree: the Wall Street "speculator." Wall Street is widely blamed for causing the current economic mess, so why not let them pay for it? The idea is to impose a ...
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