taxes
Warren Buffet: The A-Hole Of Omaha
Adam of the WealthStore.com really has it out for Warren Buffett. Adam went as far as saying "The sooner the A-Hole of Omaha is toes up, the better off the worlds rich will be, and so will you."
Social Security & Investing
If the Social Security Trust Fund were invested in non-government assets, they could simply cash out whenever they wanted to, which would give us another 25 years to solve the problem. If we want to solve this mess anytime soon, the best way to start would be to stop investing social security funds in treasuries and start investing like everyone else.
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Exxon’s 2007 tax bill was more than the bottom 50% of American taxpayers
In other words, just one corporation (Exxon Mobil) pays as much in taxes ($27 billion) annually as the entire bottom 50% of individual taxpayers, which is 65,000,000 people!
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Are Elections Relevant to the Markets?
There’s been a lot of coverage recently about the historical relationship between elections and market uneasiness. Some commentators this weekend even blamed the huge selloff on Friday on Obama’s “unfriendly” tax policy and Huckleberry’s “populist” tax agenda.
Rather than getting into all the relevant economic and political discussion, we can look to some, you know, facts...
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