by Dave Johnson | Apr 16, 2010 | Blog
Yesterday was April 15, so I wrote about Tax Tricks. Here's a tax trick to talk about: Offshore Tax Havens for corporations. Here's one way that offshore tax havens work. You make an item in one country, and sell it at cost to a subsidiary that is based (post office...
by Dave Johnson | Apr 15, 2010 | Blog
How many ways can people be tricked about taxes? Here are a few tricks I have come across. * The rich already pay most of the taxes. You hear variations of this, most recently the news that 47% of Americans don't owe any federal income tax. But the fact is that the...
by Dave Johnson | Apr 14, 2010 | Blog
A few weeks back I wrote about Whirlpool closing their Evansville, Indiana plant and moving the work to Mexico. I wrote about the lunacy of an economic system that encourages companies to destroy lives, communities and the very economy that the Whirlpools depend on....
by Dave Johnson | Apr 13, 2010 | Blog, Making it in America
Where I previously wrote that some things were getting worse more slowly, the trade deficit is just getting worse again. The US Trade Deficit Widened in February by 7.4 percent over the previous month, to $39.7 billion. "Imports surged 1.7 percent for the month....
by Dave Johnson | Apr 13, 2010 | Blog
The job of the news media is supposed to be to inform, not misinform. But Tuesday's Washington Post story, Obama team points to smaller deficit numbers, makes this claim about the cause of the huge $1.4 trillion budget deficit for FY 2009. The federal deficit was...
