MetaFilter posts tagged with taxes and Wealth

Economic Consequences

homunculus — Sun, 18 Nov 2007 00:35:28 -0800

The Economic Consequences of Mr. Bush. "The next president will have to deal with yet another crippling legacy of George W. Bush: the economy. A Nobel laureate, Joseph E. Stiglitz, sees a generation-long struggle to recoup." [Via Firedoglake.]

Treasury: Income Mobility Substantial. Pew: But Not Enough.

shivohum — Tue, 13 Nov 2007 20:22:53 -0800

A new U.S. Treasury Report (press release) reports that tax returns from 1996 to 2005 show that income mobility in the U.S. is "considerable," with rising earnings, and top earners who often stumble. The WSJ crows. Pew releases its own research (reports, press release) on income inequality today with a multi-decade outlook, but summarizes the findings as that American families' income mobility is still highly dependent on their parents' position. Forbes and a The New Republic blog try to reconcile the reports. Meanwhile, blacks appear to be downwardly mobile.

$11.5 Trillion Lost In Bermuda Triangle

expriest — Fri, 06 May 2005 08:36:58 -0800

$11.5 Trillion Lost In Bermuda Triangle In case you've ever wondered just how much money the mega rich keep nice and tax free in off shore shelters, it's $11.5 trillion.

Tax Havens, Millionaires' Hell-holes and Escaping

MiguelCardoso — Fri, 29 Nov 2002 02:34:58 -0800

Millionaires' Havens, Heavens And Hell Holes: Ghastly, depressing Monaco comes in for a deserved drubbing from Philip Delves Broughton in this week's Spectator. The idea of billionaires surfing the Web looking for a hide-out makes me giggle and gag, but it appears poor people can play too. Have a look at (free!) e-zine Escape From America; run your index finger down a list of tax havens and choose the ~~paradise~~ place you'd scarper off to, if your money problems, whether from excess or lack of money, ever become too [sorry...] taxing.

the_0ne — Tue, 09 Apr 2002 10:01:22 -0800

I'm curious, isn't this exactly opposite of what we're being told? I'm always hearing the wealthy are benefitting somehow from GWB's new tax plan. I'm certainly no-where near the top 5%, and now I don't want to be.