Monthly Archives: January 2012

Score the Fair Tax

Current tax system’s $430 billion tax annual compliance cost is from Art Laffer and his team of economists.  The exact amount is not the main point.  Whether it is $860 billion, $430 billion or $43 billion, it is money wasted … Continue reading

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Fair Tax and Seniors

Seniors will not be subject to being taxed on any Social Security earnings and retirement income under this plan. Furthermore, the fair tax can be a significant step to safeguard Social Security, Medicare and other entitlements. It would be revenue-neutral; … Continue reading

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Venture Capitalists and the Economy

As a developer of new technologies for competitive advantage, venture capitalists consulted with me as part of due diligence in determining whether they should invest their limited capital in new start up technology companies. They impressed me with their focus … Continue reading

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Free Markets and the Economy

Here is a quick and concise comment I received in response to https://economics501.wordpress.com/2011/04/22/21st-century-karl-marx/ regarding the complexity of our economy. Note the phrase that there is ” a strong tendency to want to try to control something that appears to be … Continue reading

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Capitalism vs Marxism in 2012 in the US

The alternate media must warn the populace that Obama is implementing policies which can bring about Marxism here. Explain what this means to our nation and the difference between a Capitalist and Marxist economy. A relevant context may be: • … Continue reading

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‘Aftershock’ Economy – Jan 2012 perspectives on confronting US debt

Aftershock’ Economy – Jan 2012 perspectives on confronting US debt In https://economics501.wordpress.com/2011/11/25/aftershock-economy-book-review/ I summarized Robert Wiedemer analyses of the pending government debt and US dollar bubble collapses, from his perspective. Per Wiedemer these bubbles will devastate the US economy, perhaps … Continue reading

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FairTax – is Progressive

Below is proof of progressive nature of the Fair Tax. With prebates a family of with income of $34,110 will not pay any more to the government as it spends its $34,110. Even at $51,165, with the family receiving partial … Continue reading

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