Tag Archives: Taxes/regulation

[unable to retrieve full-text content]Trust is sine qua non in a democracy. Citizens simply must trust that those in power will follow the law. When that trust breaks down, it leads to assassinations, coups and civil war. The idea that the SCOTUS is the final arbiter of what is and isn’t legal is based on nothing in the Constitution. […] The post SCOTUS and the power of the purse appeared first on Angry Bear.

[unable to retrieve full-text content]– by New Deal democrat There’s no important economic data today, so this is a good time to write about several important developments in the stock and bond markets. First of all, as many of you may already know, a portion of the US Treasury yield curve, between the 10 year and 3 month Treasuries, re-inverted […] The post Important changes in trend in the bond and stock markets, and a note on GDP estimates as well appeared first on...

[unable to retrieve full-text content]I watched a Nova show titled: Baltimore Bridge Collapse It got me wondering: What Ifs? The specifics I mention regarding the bridge come from this show and this Wikipedia article. We have all been hearing and asking, “what if there is another pandemic”. With the personnel/financial cuts and head of agency changes the current Republican […] The post Disaster Ready with this Republican Administration? appeared first on Angry Bear.

[unable to retrieve full-text content]Jim VandeHei and Mike Allen review Trumps budget cuts. The implication here is it is near impossible to achieve the dramatic cuts without imposing severe penalties on the US Citizenry, The attempt is to balance the budget so as intakes equal outtakes of funds. Except Trump does not want to fix his 2017 tax break. […] The post Planned Budget Cuts and Impact appeared first on Angry Bear.

[unable to retrieve full-text content]So, what are nepo babies or nepotism babies? The second name gives the meaning away. A person who gains success or opportunities through familial connections. Especially a child of a famous parent (such as an actor, musician, entrepreneur, or politician), Merriam Webster. Some Examples. There are tax implications benefiting them as explained by Common Dreams author Julia […] The post Funding Public Goods Problematic??? Blame the...

[unable to retrieve full-text content]A More Democratic Economy A 1787 newly minted United States of America wasn’t far removed from an old Europe where not so long before all property belonged to the crown or state; where only a hundred years or so earlier John Locke had first defended the idea of private property at a time when most […] The post Public vs Private Wealth – Breaking Free appeared first on Angry Bear.

[unable to retrieve full-text content]Mistake in Administering Property Taxes Results in a 1200 Percent Increase? This reads like something in a tabloid. However, it is occurring in an Illinois county. Montgomery County Assessor Kendra Niehaus discovered the assessment was being calculated incorrectly. A tract of woodland should have a tax rate applied to 33.33% of its fair market value. […] The post Misapplied Property Tax Economics appeared first on Angry Bear.

[unable to retrieve full-text content]We often talk about poverty and people living in poverty as measured by the government, Then, we set policy with regards to them. We never quite realize the impact of the programs on the people on the receiving end. A brief recital of facts and figures in charts. I also do not believe we get […] The post A Measure of Poverty in the United States appeared first on Angry Bear.

[unable to retrieve full-text content]This is a good take on what has been happening with United States Fiscal policies impacting its economy. It does mention former President Trump’s 2017 tax break which targeted the upper 5% of taxpayers with substantial breaks. We should look further to the 2001 and 2003 Bush’s tax breaks which Obama extended for two years […] The post A Fiscal Policy in a Global Context? appeared first on Angry Bear.

[unable to retrieve full-text content]During his campaign, Donald Trump “promised” not to touch Social Security and to veto and law that modified the program. That “promise” is about to be tested. “Lee’s attack has four basic components. One is to bemoan the fact that Social Security is funded mostly by a tax, which he asserts the government can use […] The post Yes, they’re coming for Social Security appeared first on Angry Bear.