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Could Trump’s Tax Bill Trigger A Mass Exodus From Manhattan? Goldman Seems To Think So…

New York’s billionaire hedge fund managers have blazed the trail south in recent years with the likes of David Tepper, Paul Tudor Jones and Eddie Lampert all ditching the Empire State for Florida…a state which brings not only pristine beaches and year-round golf weather but also the added benefit of a 0% personal income tax […]

George Soros To Congress: “Please Don’t Cut My Taxes”

After transferring over the bulk of his personal wealth to his “Open Society” Foundation – the umbrella organization for a network of dozens of political groups that push Soros’s far-left agenda across the US and Europe, Soros is still comfortable enough to justify giving away even more of his money – this time to the […]

Three Americans Now Own More Wealth Than Bottom Half of US Combined: Report

Authored by Jake Johnson via TheAntiMedia.org, “The elite ranks of our billionaire class continue to pull apart from the rest of us,” a new Institute for Policy study analysis finds. In the United States, the 400 richest individuals now own more wealth than the bottom 64 percent of the population and the three richest own […]

Ray Dalio Explains What Is “The Most Important Economic, Political And Social Issue Of Our Time”

Every quarter, the Fed's Flow of Funds report discloses – among many other things – the total U.S. household net worth, and every quarter for the past two years this number has steadily gone up, hitting fresh all time highs with every new release, most recently $96.2 trillion, to widespread cheers from both the financial […]

Bull Trap: The False Promise Of Tax Cuts

Authored by Lance Roberts via RealInvestmentAdvice.com, Last week, I did a fairly extensive analysis on the release of the 9-page “Trump Tax Cut” plan.  The most important aspect of that discussion was the difference between 1982, the last time there was permanent tax reform, as compared to today. “Comparing Trump’s economic policy proposals to those […]