Media

2/3 of Millionaires Avoid 50% Tax Rate

Two-thirds of millionaires left Britain to avoid 50p tax rate Almost two-thirds of the country’s million-pound earners disappeared from Britain after the introduction of the 50p top rate of tax, figures have disclosed. via Telegraph. Shhhhh...  This is a secret.  No...

US Guns Sales Booming

Mel Bernstein, owner of Dragonman Arms in Colorado Springs, told KOAA-TV that sales of semi-automatic weapons had boomed in recent days. He said: "We're going from normally six to eight guns a day, to 25. I stocked up, I got a stockpile of these AK-47s, we're selling...

NYT: Tax Increases Coming (Two Months Late)

Americans’ taxes will rise in a few weeks. Though the direction is clear, the exact amount is yet to be determined. More than a dozen tax cuts are set to expire Dec. 31 and a couple of new taxes are scheduled to start with the new year. Combined, they would affect...