Category Archives: Taxes

The Very Non-Flat Tax

Written by Ocean on April 23, 2009 — 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 increase [...]

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The Flat Tax

Written by Ocean on April 21, 2009 — Leave a Comment

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 market forces [...]

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A Dismal Performance

Written by Ocean on April 2, 2009 — 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 [...]

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Happy Tax Freedom Day United States!

Written by Ocean on April 23, 2008 — Leave a Comment

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 [...]

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Happy Tax Freedom Day South Africa!

Written by Ocean on April 22, 2008 — Leave a Comment

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 [...]

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