The staggering amount of wealth held by the Forbes 400 more than doubled over the last decade. But their tax rates actually dropped. Economics |
- The staggering amount of wealth held by the Forbes 400 more than doubled over the last decade. But their tax rates actually dropped.
- When the average boomer was 35 they owned 21% of the wealth. Millenials average age is 35 in 2023 and they currently own 3%.
- Research: When Airbnb Listings in a City Increase, So Do Rent Prices
- After Looting U.S. Pensions, Private Equity Promises To Save Struggling U.K. Pensions
- Farm bankruptcies jump to highest level since 2011 as Trump’s tariffs bite
- Fiscal stimulus in Australia could risk AAA rating, warns S&P
- The Fed’s ‘Not-QE’ Program Is Monetizing over 70% of the Monthly Federal Deficit
- French Billionaire Bernard Arnault overtakes Bill Gates and become 2nd richest man in the world
- A Key Economic Argument Against Wealth Taxes Doesn’t Hold Up
- Think nothing is made in America? Output has doubled in three decades
- Will a wealth tax change the behavior of the very rich? Economist Esther Duflo argues there is no evidence it will hurt the economy. Her empirical research found people do not react to Financial Incentives like Economists think
- How to Increase Taxes on the Rich (If You Must)
- Fed’s Brainard argues for capping interest rate levels during the next downturn
- Tencent recently overtook Facebook to become the world’s most valuable social network company, with a market capitalisation of US$540 billion. Yet, just 18% of its total revenue came from online advertising, whereas the value is 98% for Facebook.
- US consumer confidence falls for fourth consecutive month
- Why corporate citizens must become global catalysts
- US gov't sends letter to Canada criticizing defence spending
- Fed: Does Intergenerational Mobility Increase Corporate Profits?
- Fed: The Effect of U.S. Stress Tests on Monetary Policy Spillovers to Emerging Markets
- Alibaba's Hong Kong shares rise 6.6% on debut in heavy volume
- Shipping on Northern Sea Route up 63 percent
- The Politics of Protectionism
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