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The tax-credit reformers also argue that their proposals are much less susceptible to class-warfare demagoguery that is the supply-side approach, since tax relief flows to lower- and middle-income voters.
Tags » Wealth
John D. Rockefeller used to be the world’s richest man. He was once asked how much a person needed to be happy; and with great insight into human nature, he replied: ‘Just a little bit more.’ After his death, a reporter, who was writing an article about the size of the Rockerfeller estate, called one of Rockefeller’s senior aides and asked, “How much did Rockefeller leave behind?” The aide, with great insight into the nature of human reality answered, “All of it.” 75 more words
Piketty, eat your heart out
So, debt buybacks equals leverage…? And another twist: end of QE is the end of buybacks?
And here is some more on leverage… 263 more words