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Tag: Capital Gains


Flickr/Tax Credits

How the U.S. Tax Code Benefits the Wealthy (and Screws Over Most Everyone Else)

One thing to remember on Tax Day 2013: It’s good to be a wealthy citizen in the United States. Thanks to tax breaks aimed specifically at those who make boatloads of money, the average rich person takes in an additional $250,000 in income each year. The rest of us? Not so fortunate.

Posted on Apr 15, 2013 READ MORE



Flickr / J. Stephen Conn (CC-BY)

Thar Be Gold in Them Hills

You know Fox News is all over this story: The Utah House of Representatives is fixin’ to vote on a measure that would make gold and silver coins a viable alternative to the boring—and inflation-prone—forms of currency currently in national circulation.

Posted on Mar 3, 2011 READ MORE


Larry the Loophole

Greed 101 With Larry the Loophole

Gee, it sure is hard sometimes to figure out exactly how the rich get richer in American society! Good thing there’s Larry the Loophole, who hails from a politician dad and a lobbyist mom, to show us how buyout industry executives like Henry Kravis make gajillions of dollars (well, not gajillions, but so far this year Kravis has made over $33,205,800, with ol’ Larry’s help. As funny as it is scary, this animated short from Brave New Films breaks it all down.

Posted on May 6, 2008 READ MORE


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