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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: gregor_us who wrote (65618)7/8/2006 7:37:59 PM
From: shades  Respond to of 110194
 
hiking interest rates

housingpanic.blogspot.com

This short video covers the deficit issue. As for military spending - fox COST OF FREEDOM said we need to spend 3 times as much on the military than we do. I thought this was rubins magic bullet in the 90's - he cut the military. Do you realize the military has raised the enlistment age to 42? That is rather old for a fat j6p to start fighting the enemy eh?



To: gregor_us who wrote (65618)7/8/2006 7:59:22 PM
From: Les H  Respond to of 110194
 
Half of the revenue jump is attributable to Medicare. The new Medicare D prescription plan was started this year and the program is estimated to bring in $ 60 billion in revenue (to be matched by outlays 1-for-1). The other growth areas accounting for roughly $ 60 billion as well are the 15 percent increase in Medicare B premiums and the normal 5-6 percent increase in receipts from the payroll tax covering Medicare hospitalization.



To: gregor_us who wrote (65618)7/9/2006 12:55:37 PM
From: Ramsey Su  Read Replies (2) | Respond to of 110194
 
Gregor,

a friend of mine sold a big piece of property within the last 12 months. After running the deal through the best tax accts, he ended up with a $5 million tax bill to Uncle Sam and Cousin Arnold of Calif.

The simplest solution to delay the tax is via a 1031. After searching for a few months, he decided to just write the check because the property is sold at the peak and there are really nothing worthwhile to invest in.

Could that be the same conclusion that the US Corporations came up with? Why would they invest in factories, create jobs, all those textbook theories when the world is already flooded with excess capacity? Just pay those damn taxes and try to hang on to whatever the government leaves you with for the rainy days ahead.

So as tax revenues increase, especially from corporations, is that really a good sign?