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Payback TimeMany See the VAT Option as a Cure for Deficits

2 hours ago ago from Livinglies's Weblog

The value added tax (VAT) has been around for decades in other countries. It is predicated on the  idea that ALL people should share in the cost of government. The way it works (see below) is that the government picks up 10% (for example) of each stepof the production and sales process. It is normally reserved for hard goods instead of services. I think that is is the only good idea around topay down the deficit IF it is applied to Wall ...

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Charles Goyette, author of THE DOLLAR MELTDOWN

13 hours ago ago from Charles Goyette, author of THE DOLLAR MELTDOWN: Surviving the Impending Currency Crisis with Gold, Oil, and Other Unconventional Investments

"This book truly is a must read." -- Congressman Ron Paul DESTROYING THE CURRENCY First under the Bush Administration and even more so under President Obama, the federal government has ...

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Progressive Tax Codes and Economic Growth: Fairness versus Efficiency (part 2 of 3) | Value Expectations: Stock Research, Investment Newsletter, Global Equity Research

9 hours ago ago from Value Expectations: Stock Research, Investment Newsletter, Global Equity Research |

Home Login/Register AFG Institutional Research Money Management Media Contact Us RSS Home Forum AFG Reports MFP AFG 50 Money Management Institutional Media About VE Registration More Insights! Fast and Free! Register Now! Quick VE Links Forum (NEW!) U.S. Economy Investment Ideas Market Reviews & Studies VE Recommended Articles ...

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Petronas Profit Dips, Rakyat To Bear The Burden

19 hours ago ago from Philosophy Politics Economics

As Petronas profits dip 50.7% , will the Rakyat will have to pay for the Government's past excesses? Petronas’ net profit before tax for April-September 2009 stood at RM31.2 billion versus RM63.3 billion in the same period a year ago, or a sharp decline of 50.7%. At the same time, revenues dropped 37.5 per cent to RM98.2 billion from RM157.2 billion ringgit. The drop in profits is largely due to the decline in crude oil price during the ...

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Why Is Smaller Government Better For Small Business?

16 hours ago ago from BluetoothAdvertisingSoftware.net

In a nutshell smaller government means less regulation and hopefully lower taxes. This allows small businesses to spend less of their potential profits on compliance and taxes . and use more of that to grow and avoid the pitfalls that come with living on the edge. That is why businesses tend to go where government regulations support them and get out of high tax, high regulation states and municipalities (or countries). Small ...

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Josh Schrei: Waffle Wildly, and Carry A Big Speech: Obama's Meandering Nobel Road Trip

4 hours ago ago from Huffington Post

Theodore Roosevelt, a magnanimous, larger-than-life President who won a Nobel Peace Prize during wartime and spoke eloquently -- though not necessarily cohesively -- on the relationship between peace and the use of force, coined the term: "Speak softly and carry a big stick." Our current President's rudderless foreign policy, as exemplified by his Nobel acceptance speech yesterday, could be summed up as: "Waffle Wildly, and Carry a Big ...

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Payback Time: A Tax at Every Turn

16 hours ago ago from The New York Times

Runaway federal deficits have thrust a politically unsavory savior into the spotlight: a nationwide tax on goods and services. Harry Hamburg/Associated Press The House speaker, Nancy Pelosi. Multimedia Payback Time The Debt Bomb Articles in this series will examine the consequences of, and attempts to deal with, growing public and private debts. Ruth Fremson/The New York Times John ...

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German Budget Sees Spending Rising by 11%

10 hours ago ago from Wall Street Journal

BERLIN -- German Finance Minister Wolfgang Sch uble is set to finalize the new government's first budget, which will be based on record debt levels and a gloomy outlook for public finances. In a meeting with his counterparts from Germany's 16 states, Mr. Sch uble presented figures that put his government's net debt requirement at 86 billion ($126.6 billion) for next year -- more than twice the 37.5 billion predicted for this year. ...

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China tech purchasing rule angers foreign firms

7 hours ago ago from PopEater

BEIJING -Foreign companies are criticizing a new Chinese regulation they fear could block them from the multibillion dollar business of selling high-tech products to government departments. The rule, in place for about six weeks but not widely known, requires sellers of high-tech products to have them accredited based on "indigenous innovation" local intellectual property before they can be listed in a government procurement catalog. Approved ...

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