Category: Taxes

Suicide is tax-less

31 December, 2012 (15:21) | Capital Gains, death, health care, mortality, Real estate taxes, suicide, Taxes |

Suicide is painless It brings on many changes And I can take or leave it if I please –”Suicide is Painless,” Johnny Mandel and Michael Altman   As we count down to the undiscovered countryof the ‘fiscal cliff’, we approach one of the largest tax discontinuities in decades – where the tick of a clock […]

Ex-mittances

17 August, 2012 (10:24) | Capital, Economics, France, Housing, Incentives, Markets, New York City, Remittances, Taxes |

By:David A. Smith   August is the month all Paris goes on vacation, and in September, most of them return – though that may not be quite so much so in this year’s France, for incoming President Francois Hollande has done almost everything he can to chase French capital out of his country, as reported […]

Irish breakfast: Part 2, Let it steep

24 April, 2012 (11:28) | Eurozone, Global news, Ireland, Local issues, property taxes, stamp duty, Subprime, Taxes |

[Continued from yesterday's Part 1.]   By:David A. Smith   Yesterday’s post introduced Ireland’s bitter brew of newfound fiscal austerity and the introduction of ane entirely rational normal residential property tax:   Brewed in Ireland   Nevertheless, the March 31 deadline triggered protests across the small nation (the size of Indiana), whose significance can be […]

Irish breakfast: Part 1, Bitter brew

23 April, 2012 (13:58) | Eurozone, Global news, Ireland, Local issues, property taxes, stamp duty, Subprime, Taxes |

By:David A. Smith   Austerity is always bitter.     So we, naturally enough, want to defer it.     Especially if we think that somehow our refusal will make it go away – which is what has been playing out in Ireland:   Ireland Faces Popular Revolt Over New Property Tax   As so […]

Poster child for what not to do: Part 2, borrow our way out of it?

20 July, 2010 (15:24) | Bankruptcy, Budgets, Finance, Illinois, Infrastructure, States, Taxes, US News |

[Continued from yesterday's Part 1.]   By: David A. Smith   As we saw yesterday, Illinois is up the financial creek.   Maybe I should have turned at the ‘shit creek’ sign?   The state’s functional insolvency – statistics given in the New York Times article we are using as text — is being pressed […]