The TEA PARTY ECONOMIST
Ron Paul's original staff economist, Dr. Gary North!
Rich Brits Fled Taxes in 2010. Where Did They Go?
In 2009, there were 16,000 people in the UK who earned over $1.6 million a year. Then Gordon Brown hiked the tax rate to 50%. In one year, 10,000 of them fled the country. This shows that taxes matter. Unlike Americans, the rest of the world taxes only people who live inside its borders. If... READ MORE
Betrayed by Keynesians
Gary North’s Reality Check In the fourth quarter of 2008, the whole world turned to the central banks for deliverance. The central banks responded with the largest monetary expansion in the post-World War II era. All but Austrian School economists either applauded — Keynesians and monetarists — or else remained mute. The politicians did the... READ MORE
One Republican Congressman Defects to Obama. Media Go Wild
An Oklahoma Congressman gave an interview to a Reuters reporter. He said he would join with Obama on the tax hike on the rich. On the basis of this lone defector, Reuters ran this headline: Cracks surface in Republican unity on tax rates. It could more accurately have said: Obscure Republican Congressman Commits Political Suicide. ... READ MORE
Housing Market: Good News for Investors
News from the housing front indicates that house prices are rising. This sounds like good news for home sellers and bad news for home buyers. It looks like good news for home owners, except for property taxes. But when you are self-deluded, you regard your home as your number one investment. It isn’t. It’s an... READ MORE
Here’s a Corker: “Tax the Rich,” Says Sen. Corker
Republican Senator Bob Corker of Tennessee calls for means-testing Medicare. Charge them higher premiums, he says. “There’s no reason in the world for wealthy seniors to be subsidized with American taxpayer money for healthcare benefits that they can afford.” I can think of one: they were promised they would be paid. I can think of... READ MORE
Ron Paul's original staff economist, Dr. Gary North!
Thursday, November 29, 2012
Rich Brits Fled Taxes in 2010. Where Did They Go?
In 2009, there were 16,000 people in the UK who earned over $1.6 million a year. Then Gordon Brown hiked the tax rate to 50%. In one year, 10,000 of them fled the country. This shows that taxes matter. Unlike Americans, the rest of the world taxes only people who live inside its borders. If... READ MORE
Betrayed by Keynesians
Gary North’s Reality Check In the fourth quarter of 2008, the whole world turned to the central banks for deliverance. The central banks responded with the largest monetary expansion in the post-World War II era. All but Austrian School economists either applauded — Keynesians and monetarists — or else remained mute. The politicians did the... READ MORE
One Republican Congressman Defects to Obama. Media Go Wild
An Oklahoma Congressman gave an interview to a Reuters reporter. He said he would join with Obama on the tax hike on the rich. On the basis of this lone defector, Reuters ran this headline: Cracks surface in Republican unity on tax rates. It could more accurately have said: Obscure Republican Congressman Commits Political Suicide. ... READ MORE
Housing Market: Good News for Investors
News from the housing front indicates that house prices are rising. This sounds like good news for home sellers and bad news for home buyers. It looks like good news for home owners, except for property taxes. But when you are self-deluded, you regard your home as your number one investment. It isn’t. It’s an... READ MORE
Here’s a Corker: “Tax the Rich,” Says Sen. Corker
Republican Senator Bob Corker of Tennessee calls for means-testing Medicare. Charge them higher premiums, he says. “There’s no reason in the world for wealthy seniors to be subsidized with American taxpayer money for healthcare benefits that they can afford.” I can think of one: they were promised they would be paid. I can think of... READ MORE
No comments:
Post a Comment