Worst news ever!! The number of Americans whom the U.S. Department of Labor counted as “not in the civilian labor force” in August hit a record high of 88,921,000. … In July, there were 155,013,000 in the U.S. civilian labor force. In August that dropped to...
At the DNC there was a lot of talk about “Everyone has to pay their fair share.” That seems to be at introduction into a philosophical discussion about what a particular group should pay. What is everyone’s “fair share?” In Tax Year...
I wrote this a few weeks ago as a comment on a retired teacher’s blog. The post there was about how we need to “tax the rich” in order to fund the teachers’ pensions. I was asked to comment on the post by a retired teacher I know. Analysis...
Denise Rich, the wealthy socialite and former wife of pardoned billionaire trader Marc Rich, has given up her U.S. citizenship – and, with it, much of her U.S. tax bill. Rich, 68, a Grammy-nominated songwriter and glossy figure in Democratic and European royalty...
I was reading this story: President Barack Obama will officially launch the battle over the impending fiscal cliff this morning, announcing a plan to extend the Bush-era tax cuts for people earning under $250,000, while letting the rest of the tax cuts expire. via...
