Posts filed under “Taxes and Policy”

More American Households Rely on Government Benefits


Source: U.S. Census

Category: Digital Media, Economy, Markets, Taxes and Policy

America’s Corporate Welfare Queens

It seems that welfare queens are back in the news these days. The old stereotype was an inner-city unwed mother — that’s dog-whistle-speak for black — having multiple babies to get ever bigger welfare checks (throw in a new Cadillac and the myth is complete). Regardless, welfare reform of the 1990s ended that narrative. No,…Read More

Category: Really, really bad calls, Taxes and Policy

Tax Rates, Inequality, and US Deficits

Its Friday, after what was for me a long and annoying 17 days. But the shutdown is over, US markets are at all time highs, and Bob Shiller got his Nobel (more on this tomorrow). You might think that I would be at peace with the current state of the world, but life is never…Read More

Category: Economy, Mathematics, Philosophy, Taxes and Policy

How the Government Pays Its Debt

Click for interactive graphic Source: Washington Post

Category: Politics, Taxes and Policy

Screwed By SCRIE Screed

@TBPInvictus I recently got an education on a loophole in a NYC program that is designed to protect seniors on fixed incomes from rising rents. The Senior Citizen Rent Increase Exemption Program claims that: “Tenants who qualify for the Senior Citizen Rent Increase Exemption (SCRIE) Program can have their rent frozen at their current level and…Read More

Category: Legal, Politics, Really, really bad calls, Taxes and Policy

How to Preserve a Family Fortune Through Tax Tricks

Click to enlarge Source: Bloomberg

Category: Digital Media, Taxes and Policy

The United States must raise infrastructure spending by 1 percentage point of GDP to meet future needs   Click to enlarge Source: McKinsey

Category: Economy, Taxes and Policy

Jeremy Grantham on Our Debt Solution (Charlie Rose)

Charlie Rose, March 12 2013: Jeremy Grantham, co-founder and Chief Investment Strategist of Grantham Mayo Van Otterloo (GMO), discusses investing in a low-growth world and the outlook for the US economy.

Category: Credit, Taxes and Policy, Video

Rising interest rates could mean the window to fix infrastructure on the cheap is closing Barry Ritholtz, Washington Post, July 12     Thanks to the Federal Reserve’s zero interest rates and quantitative easing policies, borrowing costs are near generational lows. The costs of funding the repair and renovation of America’s decaying infrastructure are as…Read More

Category: Fixed Income/Interest Rates, Taxes and Policy

Public Social Service Spending by Nation

France spends the most, America spends the least, most of Europe is in the middle:

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Category: Taxes and Policy, Video