Are the rich paying their fair share of the taxes? The top 10% of the US population demographics (click here) pay nearly 70% of all US taxes. Is this fair?
Remember income taxes are primarily…
Category
Taxes
Blue Point Trading Market View – November 07, 2012
Apple paid only 2% corporate tax? Apple paid less than 2% corporation tax on its profits outside the US, its filing with US regulators has shown. The company paid $713m in the year to 29 September on…
Bluepoint daily market view – May 11, 2012
Cut entitlements? US households are now receiving as much from the government as they pay in taxes (see thumbnail chart). If the trend continues, soon US households will be receiving more in benefits…
Bluepoint daily market view – April 13, 2012
One thing good about the economic crisis. As millions of Americans prepare for the April 17 US federal tax filing deadline, the IRS is under stress. I am sure you are sorry for this. Coping wit…
Bluepoint daily market view – October 26, 2011
The flat tax is now the American political rage that will fix the economic crises? Texas Governor Rick Perry unveil his flat tax, which will bring the number of Republican presidential candidates…
Bluepoint daily market view – September 7, 2011
A tale of two countries – US and Germany. If we take a look at the two countries economies, we see very different economic dynamics. The US is now at around 1.4% GDP growth and German GDP growth is…
Bluepoint daily market view – July 20, 2011
“Gang of Six” budget deal pending? It’s hardly a done deal. And there’s absolutely no guarantee the no-taxes-ever conservatives in the House will go for it. But a debt-reduction framework put forward…