Source: The Economist
Like most sins, tax breaks are easier to condemn than to resist. Politicians regularly decry the inefficiency and complexity that tax breaks introduce to the overall tax system, while merrily adding to the pile.
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“Deflation is in our future for the first time since the Great Depression. I don’t care whose fault it is, i…
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By Doug Alexander
The Group of 20 countries said banks need to raise capital “significantly higher” in order to avoid a repeat of the global financial crisis, while giving lenders more flexibil…
Bank Of America Has Lost Money Trading On Only Three Days In 2012
Zero Hedge Aug 2, 2012
From the just released Bank of America 10-Q: “During the three months ended June 30, 2012, positive trading-rel…
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