By Ocean on Apr 23, 2009 in Featured, Taxes | 1 Comment
Right after we discussed the Flat Tax and its benefits, it seems as though the United Kingdom has decided to take the opposite route and has instituted a very big tax hike across the board.
This seems like a very gutsy move: in a country that is loth to institute a flat tax, to [...]
By Ocean on Apr 21, 2009 in Featured, Taxes | 0 Comments
A recent comment by President Obama serves as a nice segue to bring about the issue of taxes. Being proponents of Free Markets, some may wonder what our stance on taxes is. Of course, in an ideal world we would like taxes to be minimal or non-existent, being able to rely solely on [...]
By Ocean on Apr 2, 2009 in Current Events, Featured, Taxes | 1 Comment
Since the 90% tax on AIG bonuses, proposed by the House of Representatives, looks set to fail in the Senate (with President Obama’s administration also backing away from it), members of Congress have been wondering what to do next. We at Dumbagent.com agree that the system does need fixing and we have previously listed what [...]
By Ocean on Apr 23, 2008 in Taxes | 0 Comments
Today is April 23rd and it is the 113th day of the year, which means it’s Tax Freedom day in the United States!
Please refer to this post for an explanation of Tax Freedom Day.
To Note: this year, Tax Freedom Day comes 3 days earlier than last year for those of you living in the [...]
By Ocean on Apr 22, 2008 in Taxes | 0 Comments
Today is Tax Freedom Day in South Africa, the second Tax Freedom Day of the year (India was the first).
As a reminder, Tax Freedom Day is the day when the average tax payer has stopped working for the government and has started working for themselves.
This Tax Freedom Day was calculated by The Free Market Foundation.
