Venezuela has the greatest oil reserves in the world.
"If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand." - Milton Friedman
I am curious how you can post three times to three different threads at the exact same time? What kind of computer are you using?
Beyonce turns Super Bowl halftime into Black Panthers, Black Lives Matter, Malcom X rallying cry
February 8, 2016 at 10:15:37 AM CST · 95 of 98
St_Thomas_Aquinas to austinaero
Enough Beyonce at halftime,,enough!
No kidding!
I was very happy with Coldplay. I thought they were great. Fun, upbeat songs. I enjoyed the Bruno Mars song, too. Great dancing.
That was the consensus at our house. Two out of three isn’t bad.
Great year for commercials, too. Our favorite was the dachshund hotdogs.
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Steve Forbes on Donald Trump and His ‘Hoo-Ha’
February 8, 2016 at 10:15:37 AM CST · 67 of 67
St_Thomas_Aquinas to AndyJackson
But now Cruz comes along and says I also won’t charge income tax. I will charge a VAT. She is now 20% worse off than she was.
The tax on businesses, which is effectively a VAT, is offset by the elimination of the payroll tax. For some businesses this will be a wash, for others a boon, and for others, a cost that will be passed on to their customers.
The analysis from the Tax Foundation shows the overall effect to be a boon to the economy:
According to the Tax Foundation’s Taxes and Growth Model, the plan would significantly reduce marginal tax rates and the cost of capital, which would lead to a 13.9 percent higher GDP over the long term, provided that the tax cut could be appropriately financed.
The plan would also lead to a 43.9 percent larger capital stock, 12.2 percent higher wages, and 4.8 million more full-time equivalent jobs.
On a static basis, the plan would cut taxes by 9.2 percent, on average, for all taxpayers.
Accounting for economic growth, all taxpayers would see an increase in after-tax income of at least 14 percent at the end of the decade.
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Venezuela shopping centres halve opening times as crisis bites
February 8, 2016 at 10:15:37 AM CST · 20 of 20
St_Thomas_Aquinas to Oldeconomybuyer