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Tag Archives: fiscal stimulus
A rather vigorous use of government largesse or More Bang
It seems a rather racy, though well known, merchant is giving some rather startling deals for those who wish to spend their $1200 checks from our government. They will even send a signed thank you card to President Bush from … Continue reading
Indexing Capital Gains
Richard Rahn pushes for the indexing of capital gains due to inflation as part of the stimulus. Accounting for inflation in this way has the advantages of producing more short-term revenue to the Treasury as long-term gains are “unlocked.” Furthermore, … Continue reading
Posted in Economics, Election 2008, Investing, Lance's Page
Tagged capital gains, Economics, fiscal stimulus, inflation, IRS, taxes
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Markets Tank
World markets are not happy with the stimulus plan. My breakdown of the plans likely impact can be found here. Share prices in Asia, Europe and the Americas all plunged by significant amounts; Wall Street only avoided joining the tumble … Continue reading
Today’s links: Washington tries to step up
(cross posted at Risk and Return) Ben Bernanke gives Congress and the President the green light to take steps to stimulate the economy along with a warning: