Whack economics: Pelosi and the upcoming healthcare VAT
The VAT, that bane of European manufacturing that makes their consumer goods more expensive than elsewhere in the world, is headed our way to pay for Obamacare. But Nancy Pelosi believes that “any...
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How many trees died for the eggs? and a roundup
Michelle Obama’s Mirror’s Blog reports, By all accounts this was the best Eggroll ever. Unprecedented, actually. For one reason, this is the first year we sent the kiddies home with wooden eggs in...
View ArticleSPECIAL TIME: Today’s podcast at 3:30PM Eastern
Instead of the regular 11AM time, today’s podcast will be at 3:30PM. My special guest will be James Pethokoukis of Reuters’s Political Risk. We will talk about VAT taxes, net neutrality and the...
View ArticleVAT’s ahead?
In today’s podcast at 3:30PM, James Pethokoukis of Reuters talks about the upcoming tax that will affect all of us, and injure the US’s competitiveness.
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VAT and tax and tax and tax…
Europe’s VAT Lessons Rates start low and increase, while income tax rates stay high. A VAT is essentially a national sales tax that is assessed at each stage of production, with the bill passed along...
View ArticleArgentina, USA
Richard Rahn asks, Could the U.S. become Argentina? Obama policies have put the nation on a similar downhill slide In the 1930s, the Argentine government increased its interventions in the private...
View ArticleKrugman: “a combination of death panels and sales taxes”
Paul Krugman must have been reading Trollope’s The Fixed Period, at least the part about avoiding the decrepitude and expenses of old age: Paul Krugman Recommends ‘Death Panels’ to Help Balance Budget...
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Mexico: Tax my chocolate!
Higher tax rates for the rich are only half the story; there are new taxes on sugary soft drinks, chocolate and junk food, dividends, mining, and an increase in the value-added tax to 16% from 11% in...
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