Federal Tax

Tyler Durden's picture

A Bird's-Eye View Of How The US Economy Is Falling Apart (In 4 Simple Charts)





Whether you support him or not, my guess is that most middle-aged Americans are very surprised about Bernie Sanders' popularity. However, it shouldn’t be a surprise given the economic stress many Americans face. The four charts below capture the essence of what I’m talking about...

 
Tyler Durden's picture

"Why I'm Proud That My Tax Bill Is Zero!"





The standard narrative we are told by the government and their lapdog media is that tax avoidance is something that self-centered rich assholes do so that they can buy more Ferraris. This is complete propaganda. Taking legal steps to reduce what you owe is all about ensuring that your labor goes to the causes that YOU believe in, rather than funding spy agencies and bombing raids on children’s hospitals.

 
Tyler Durden's picture

Jim Grant: "Make America Solvent Again"





$13,903,107,629,266. Can the nation afford this much debt? This much we have learned about debt after 40 years of writing and study: It is better not to incur it. Once it is incurred, it is better to pay it off. America, we have a problem.

 
Tyler Durden's picture

Former IRS Agent Admits: "Personal Income Tax is Actually Illegal"





It is tax day again. Chances are, you’re done with the dirty business this year, or laying low in hopes that you aren’t audited or flat out persecuted. If not, the clock is quickly ticking. But it is worth pointing out once again the many ways in which the federal tax scheme in the United States is illegal.

 
Tyler Durden's picture

The Best (And Worst) States To Avoid Income Taxes





As Tax Day (April 18th) looms, we are once again reminded of how deeply the government reaches into our pockets. However, as Bloomberg details, there is one way to reduce your income tax burden - Switch states. Federal tax rates are the same no matter where you live, but state income taxes are all over the place. See how your state stacks up...

 
Tyler Durden's picture

Recipe For Collapse: Rising Military & Social Welfare Spending





Sadly, nations get the leadership they deserve. Turning a blind eye to reality is not a sustainable "solution." Leaders faced with unrest, rising demands and dwindling coffers always debauch their currency as the politically expedient "solution."

 
Tyler Durden's picture

A Conversation With My Neighbor "Sam"





“What if the banks stop loaning you money to make your payments on your loans? What happens then?”

“I guess I’m assuming that won’t happen.”

 
Tyler Durden's picture

The Cost Of Democratic Socialism (In 1 Stunning Chart)





With a growing number of Americans appearing willing to jump on the socialism-by-any-other-name bandwagon, JPMorgan CIO Michael Cembalest digs into the details of Bernie Sanders' tax proposals. As the following chart sums up so extremely, his plan would certainly represent a unique and unprecedented event in the history of US taxation, if it were enacted.

 
Tyler Durden's picture

10 Investor Warning Signs For 2016





Wall Street’s proclivity to create serial equity bubbles off the back of cheap credit has once again set up the middle class for disaster. The warning signs of this next correction have now clearly manifested, but are being skillfully obfuscated and trivialized by financial institutions. Nevertheless, here are ten salient warning signs that astute investors should heed as we roll into 2016.

 
Tyler Durden's picture

The Flaws In "Basic Income for Everyone"





Finland made the news recently by proposing a pilot program of guaranteed income for all, also known as Universal Basic Income: Desperate Finland Set To Unleash Helicopter Money Drop To All Citizens. Proponents claim Basic Income can be paid by redirecting existing welfare programs, but a quick review reveals this as nonsense.

 
Tyler Durden's picture

Global Stocks Slide, Futures Drop After Turkey Shoots Down Russian Warplane





It had been a relatively quiet session overnight when as reported previously, the geopolitical situation in the middle east changed dramatically in a moment, when NATO-member country Turkey downed a Russian fighter jet allegedly over Turkish territory even though the plane crashed in Syria, and whose pilots may have been captured by local rebel forces. The news promptly slammed Turkish assets and FX, sending the Lira tumbling, pushing lower European stocks and US equity futures while sending 2 Year German Bunds to record negative yields.

 
Tyler Durden's picture

Congress Wants To Seize Your Passport For Unpaid Taxes





Sometimes you just have to stand in awe at the level of corruption and incompetence in government.

 
Tyler Durden's picture

Welcome To Crickhowell - The Entire Welsh Town That Just Went 'Offshore'





Angered that Facebook, Google, Amazon, etc. pay very little tax, an entire town in Wales decided to employ the exact same tax strategies used by big companies to reduce their own tax burdens. As the proprietor of the local smokery put it, the plan is "jolly clever." Doing this is not immoral or unpatriotic.

 
Syndicate content
Do NOT follow this link or you will be banned from the site!