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Showing posts with label wealth. Show all posts
Showing posts with label wealth. Show all posts
Oxfam says world's rich could end poverty - Europe - Al Jazeera English
Oxfam says world's rich could end poverty - Europe - Al Jazeera English: "UK-based charity says the world's 100 richest people earned enough in 2012 to end global poverty four times over."
Obama insists on tax hike for rich as part of fiscal deal | Reuters
Obama insists on tax hike for rich as part of fiscal deal | Reuters: (Reuters) - "President Barack Obama said on Friday he was prepared to compromise with Republicans to avert a looming U.S. fiscal calamity, but insisted a tax increase for the rich must be part of any bargain."
Citigroup to pay former executives $15.5 million each | Reuters
Citigroup to pay former executives $15.5 million each | Reuters
I would also have a smirk on my face. (my comment)
I would also have a smirk on my face. (my comment)
Special Report: Well-to-do get mortgage help from Uncle Sam | Reuters
Special Report: Well-to-do get mortgage help from Uncle Sam | Reuters: (Reuters) - "Silicon Valley, the birthplace of the microprocessor, the personal computer and the iPhone, is a model of private enterprise at work. But not when it comes to getting a mortgage."
Q A: The Buffett Rule, a minimum tax on the rich | Reuters
Q A: The Buffett Rule, a minimum tax on the rich | Reuters: (Reuters) - "President Barack Obama and congressional Democrats are laying a political trap for Republicans to be sprung on Monday when the U.S. Senate is slated to vote on the proposed "Buffett Rule," which would slap a minimum tax on the highest-income Americans."
Buffett sheds tech aversion with big IBM investment | Reuters
Buffett sheds tech aversion with big IBM investment | Reuters: "The Berkshire Hathaway chief executive said he has bought nearly $11 billion of International Business Machines Corp stock in the last eight months, building a roughly 5.5 percent stake that potentially makes him the largest shareholder in the company."
Should intelligence agencies chase tax evaders? | Reuters
Should intelligence agencies chase tax evaders? | Reuters: (Reuters) - "Three years ago, Germany's foreign intelligence service, the BND, paid a whistle blower close to 5 million euros ($6.9 million) for DVDs containing information on thousands of secret accounts at a leading Liechtenstein bank."
Credit Suisse asked to hand over U.S. client data | Reuters
Credit Suisse asked to hand over U.S. client data | Reuters: (Reuters) - "Credit Suisse will hand over details of wealthy Americans with hidden Swiss accounts to the Swiss government, bringing U.S. authorities one step closer to obtaining names of alleged tax cheats."
Analysis: Pension funds in new crisis as deficit hole grows | Reuters
Analysis: Pension funds in new crisis as deficit hole grows | Reuters: (Reuters) - "Pension funds in developed economies are facing a new crisis as falling equities and tumbling bond yields widen their deficits, threatening the incomes and retirement dates of future retirees."
For CEOs to have salaries like they have the money has to come from somewhere.
For CEOs to have salaries like they have the money has to come from somewhere.
Some U.S. firms paid more to CEOs than taxes: study | Reuters
Some U.S. firms paid more to CEOs than taxes: study | Reuters: "(Reuters) - Twenty-five of the 100 highest paid U.S. CEOs earned more last year than their companies paid in federal income tax, a pay study said on Wednesday."
Unbelievable!
Super rich still making money in crisis | Reuters
Super rich still making money in crisis | Reuters: (Reuters) - "Financial advisers to the world's richest people report some of their top clients have continued to make money throughout recent market turmoil by harnessing sophisticated investments out of reach to mainstream punters."
""It still remains the domain of the kind of client that can write a million dollar ticket or more ... From a regulatory point of view, the industry is not allowed to put the intermediate or the novice client into a hedge fund."
""It still remains the domain of the kind of client that can write a million dollar ticket or more ... From a regulatory point of view, the industry is not allowed to put the intermediate or the novice client into a hedge fund."
And this is not a surprise but is it ethical?
Analysis: Mortgage tax break eyed to help cut debt | Reuters
Analysis: Mortgage tax break eyed to help cut debt | Reuters: "(Reuters) - Lawmakers are eyeing a popular tax deduction for mortgage interest as they look for ways to fill record budget deficits, although any changes are likely to await a broad reworking of the tax code."
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