Posts Tagged ‘taxes’

  • Tax Revenue

    Do You Agree With French Taxes?

    Aug 9, 12 • 276 Views • No Comments

    Talking about taxes, economists like to quote Louis XIV’s finance minister: “The art of taxation consists of so plucking the goose as to obtain the largest amount of feathers with the least possible amount of hissing.” We have been hearing a...  [read more]

  • Affecting the cost of animal feed and lowering the amount of milk from cows, the drought is pushing up milk prices.

    Are You a Follower?

    Jul 2, 12 • 346 Views • No Comments

    This sign in Arizona’s Petrified Forest was having little impact: “Your heritage is being vandalized every day by theft losses of petrified wood of 14 tons a year, mostly a small piece at a time.” However, after some sign experimentation,...  [read more]

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    Sweden, Ikea and Taxes

    May 18, 12 • 382 Views • No Comments

    Our story starts when Ikea’s founder, Ingvar Kamprad, left Sweden during the 1970s. It ends with Sweden’s current finance minister saying that taxes were the reason. Associated with a more humane form of capitalism, Sweden was the prototype for...  [read more]

  • Decisions Have An Opportunity Cost That Require Tradeoffs

    Free or Fair Government?

    Apr 16, 12 • 202 Views • No Comments

    I live in a town where I have to pay for garbage pick-up and recycling or I can dispose of it myself. The fire department is voluntary. Because there is no local high school, the town pays other school districts to educate our teenagers. In our town,...  [read more]

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    Top Earners

    Oct 20, 11 • 236 Views • No Comments

    A quiz: Looking at the top 1% of earners, how many are in financial services? Close to 75%, 50%, 25% or 10%? The answer: 10% (or precisely 13.9%) Next… How much does the top 1% earn? The 1% threshold is close to $350,000. $200,000, top 5%; 150,000, top...  [read more]