You need only to look as far as the boxing world to notice the impact that tax policy has on the economy. Boxer Manny Pacquiao has elected to fight his next match in the resort city of Macau, China rather than Las Vegas in order to save about $5.5 million in income taxes.[i] This from “Americans for Tax Reform” (emphasis added): Continue reading →
Toyota, the world’s largest automaker, reported record profits recently.[i] This from a story published by “Bloomberg” (emphasis added): Continue reading →
A “Bloomberg” article reported that the central bank of New Zealand took action to “protect economic growth” and devalued the country’s currency.[i] It seems that these headlines appear almost daily with one country trying to gain a competitive trading edge against another country by taking action to weaken its currency. This from the article (emphasis added): Continue reading →
I read, with a great deal of angst, an article published that discussed proposed regulatory action in Europe regarding regulating seeds. That’s right, if you’re a backyard gardener or someone who enjoys growing your own food for health or financial reasons, you may soon be labeled a criminal in some parts of Europe unless the seeds you use to plant your garden have been approved by the appropriate regulatory agency. Continue reading →
In the past, I have written about the fact that college tuition costs have risen significantly faster than other expenses including food and medical outlays. I have offered my opinion that this trend of rapidly rising tuition costs is a result of the readily available money to finance a college education. Continue reading →
