Archive for the ‘taxes’ Tag
Link:https://www.npr.org/2020/10/29/929127255/what-is-bidenomics
Biden has proposed an economic plan to contain the coronavirus while opening the economy again when it is safe to do so. His plan primarily focuses on affordable child care, creating more jobs in the green energy sector, and closing the racial wealth gap. This podcast discusses his plans to raise taxes on the wealthy, remove certain deductibles for these individuals, and increase taxes on corporations in order to fund some of these programs.
Original Air Date: October 29, 2020
Length: 9 minutes 42 seconds
Link: https://www.aeaweb.org/research/taxing-hidden-wealth-daniel-reck
This podcast discusses research conducted by Daniel Reck regarding the enormous amount of wealth American’s keep overseas to avoid being taxed. Different policies that were enacted, specifically in 2008, aimed to increase the disclosure of offshore wealth, which were somewhat successful in the prevention of tax evasion.
Original Air Date: September 30, 2020
Length: 18 minutes 4 seconds
Link: http://www.marketplace.org/topics/sustainability/what-could-slow-uss-surging-oil-output-low-prices
Summary: The oil the United States has been pumping has been getting less and less profitable. In North America, oil comes from fracking shale, and after the first initial output, oil companies have to drill deeper and deeper to get to the oil, causing it to be more expensive to access. However, the price of oil is dropping worldwide, and that could mean that the United States could be out of the oil industry, simply because it costs too much to produce.
Original Air Date: October 10, 2014
Length: 2 minutes
Link: http://www.marketplace.org/topics/your-money/get-rich-giving-lattes-not-so-fast
Summary: There’s a theory in the personal finance industry known as the Latte Factor, which says give up the coffee drink and invest the money instead, and you’ll have enough to retire on. However, that theory doesn’t factor into the equation inflation and taxes, and is now being proven wrong.
Original Air Date: October 10, 2014
Length: 2 minutes 19 seconds
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