Silver as an investment

Category Archives: Bush tax cuts

Goldman On Tax Reform: “Now Comes The Hard Part”

The ink wasn’t even dry yet on the just published Republican Tax Cut And Jobs Act, and within the hour UBS was already confident that it has virtually no chance of passing: As UBS chief economist Seth Carpenter wrote shortly after the publication, “to our read, the release confirms our view that tax reform is […]

Illinois House Approves Historic 32% Tax Increase, Governor Vows Veto

With Illinois, which on Saturday morning entered its third fiscal year without a budget, facing a catastrophic downgrade, late on Sunday evening the Illinois House approved the most controversial element of a budget package, a tax hike which will increase the income tax rate by 32% from 3.75% to 4.95%, and the corporate income tax […]

More Lies From The ‘Experts’: “Get Trump At All Costs”

Authored by Paul Craig Roberts, As flyover America has been suffering economically for many years, these Americans were immune to the oligarchy’s anti-Trump propaganda. However, everyone else in the country was taken in by the propaganda – liberals, progressives, the remnant of the leftwing, and even Patrick Martin of the World Socialist Web Site who […]

Illinois Capital Flight Explained (In 4 Simple Charts)

Submitted by Michael Lucci vis, IRS data show the average income of taxpayers leaving Illinois surpassed the average income of taxpayers entering the state by $20,000 in 2014, a record loss for Illinois in the wake of the 2011 income-tax hike. Politicians enacted Illinois’ 2011 income-tax hike during a late-night legislative session in January […]

What Donald Trump’s Proposed Tax Cut Means For You

Now that Trump is president, both individual and corporate tax-payers are taking a second look at Trump’s proposed tax regime to see how it will impact their bottom line. Here is a quick primer. Trump has proposed personal and business tax reform that would reduce tax revenues by an estimated $4.4 trillion over ten years, […]

Why Were the Bush Tax Cuts Not Initially Made Permanent?

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / By Laurence M. Vance / May 8, 2013 Republicans are still patting themselves on the back because the so-called Bush tax cuts were made permanent in the American Tax Relief Act of 2012 that was passed by the lame […]

It’s Time to Take Advantage of a Unique Form of Tax Insurance

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / by Erika Nolan / June 8, 2012 There’s no getting around it – President Obama will raise your taxes this January. He has made it abundantly clear that if he wins the upcoming election, he will not extend […]

CBO: Take Away All Tax Breaks

02/07/2012 By Bruce Krasting I look at the political landscape and conclude that we’ve got more of the same in front of us. I think Obama will win, and the Republicans will control the legislative side. For the sake of this discussion, assume that is how it works out. As of today, there is an […]