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Posts Tagged: “tax reform“
The 75,000 Page Horror Story
While most of the American government can be characterized by regulatory overgrowth, few areas loom larger in the public imagination than the Tax Code. This reputation is well earned, as the Tax Code seems to become more complicated each time people try to reform it. Hundreds of years of revisions have left American taxpayers in […]
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Economic Growth Can’t “Pay For” Republican Tax Cuts and Spending
One of the favorite Republican talking points is that tax cuts will “pay for themselves” by spurring economic growth. This seems plausible. But GOP talking heads underestimate just how much growth would be necessary to pay for the massive tax cuts and spending increases recently passed by Congress. In fact, the Congressional Budget Office released […]
A Look Back at 2017: SchiffGold Friday Gold Wrap 12.29.17
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
Tax Cuts! But We’re Still Going to Pay: SchiffGold Friday Gold Wrap 12.22.17
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
Peter Schiff: I Think the Dollar’s Woes Are Going to Continue in 2018 (Video)
US equities are at an all-time high. Investors are bullish about the future. A lot of people are excited about the potential for economic growth with the passage of GOP tax cuts. There’s a lot of optimism. In a recent interview on The Street, Peter Schiff said he thinks 2018 may start out the same, but he […]
Tax Relief Without Government Relief
The House and Senate both passed the GOP tax bill yesterday. As of Wednesday morning, it needed just one more vote in the House on some technical changes made in the Senate before it heads to Pres. Trump’s desk. The media keeps calling the Republican bill “tax reform.” Peter Schiff called that, “fake news.”
What Would Real Tax Reform Look Like?
We’ve done extensive reporting on the GOP tax reform bill as it’s moved through Congress. We’ve highlighted a number of concerns about the plan, specifically the significant expansion of the national debt it will cause. Yesterday, we explained how the impact on the deficit will likely be even bigger than expected because of the incentives […]
GOP Tax Reform: Incentives Matter
It appears increasingly likely the Republican Congress will pass tax reform this week. As we analyze the plan, it’s important to remember – incentives matter. Details of the House/Senate compromise bill came out Friday. It features a top rate of 37% and a bottom rate of 10%. The corporate rate would drop to 21%. The […]
Interest Rate Hikes and Gold – Buy the Fact: SchiffGold Friday Gold Wrap 12.15.17
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
The US Government Is Spending Money Like a Drunken Sailor
The US federal government is spending money like a drunken sailor. And that’s probably unfair to drunken sailors. In November alone, the US government reported a $139 billion deficit.
Gold Can Unify Us Across the Great Political Divide
There is one thing Republicans and Democrats should agree about – buy gold. But like everything else, the yellow metal has become politicized. If you believe the stereotype, only people on the right buy gold. A recent article by Martin Tiller at Nasdaq.com highlighted the phenomenon.