Do IMF Bankers All Go to The Same Tailor?

Will the Buffet Rule impact Tax Free Municipal Bonds?

Short answer is “How Can It Not?”  When the effective rate of taxation is raised on an investment, then less capital will flow to that investment.  All else equal. The dirty economic secret no one wants to talk about in DC is that the Buffet Rule would NOT be a tax on labor but instead [...]

Buffet Rule = Circular Firing Squad of Unintended Consequences

Here’s my take on the fatal flaw of the Obama’s so-called Buffet Rule: 1.  The Buffet Rule is designed to raise tax rates on the wealthy, but it would be better said as raise the tax rates on high income earners. 2.  People with the highest incomes usually make most of their income as dividends [...]