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The agreement would create many new jobs for accountants and lawyers. Needless to say, requiring companies to keep a third set of books is a remarkably bad idea. P.P.S. Here’s a primer on corporate taxation. P.P.P.S. The bureaucrats at the OECD are big advocates of a global ...
It’s an easy talking point but you are talking about the top 10, 25 even 50 percent of tax payers. It is the doctors, lawyers, software engineers, financial advisors etc that went through tons of school, endless hours of work that make 250k to 1 mil that shoulder such a heavy ...
It ignores human capital, making it impossible to compare human capital-rich brain surgeons and lawyers, with physical capital-rich farmers and landlords. 4. Income inequality data is often collected at the household level, implying that a doctor making $250,000 with a stay at home spouse is ...
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The top 20% includes lawyers, doctors, and managers, all the way up to CEOs and beyond. They marry later, are better educated, and have larger and richer social networks. They’re healthier, too—they have statistically lower rates of heart disease and obesity. ...
countries that have strong social programs support the less priveleged, those in need, etc., it is moreoften than not abused (I deserve it, why should I have to work hard the gov’t can take care of me-I’ve paid my dues, etc) and at the expense of hardworking legitimate tax ...
lifetime exceeding 1 year, such as automobiles, household appliances, and electronic equipment; nondurable consumer goods are goods with an expected lifetime of 1 year or less, such as food and toiletries, and consumer expenditures for services, such as for doctors, dentists, and lawyers.Gross...
Like any good bubble, this belief– while rooted in truth– gets pushed to unhealthy levels. Thiel talks about consumption masquerading as investment during the housing bubble, as people would take out speculative interest-only loans to get...