In August last year, I picked up on Warren Buffett’s call for a higher burden share for America’s rich in a New York Times Op-Ed and alluded to the heated debate around income taxation and wealth distribution. Since then the US Senate has seen the Democrats proposing and the Republicans opposing the ‘Fair Share tax’, also called ‘Buffett rule’, which would require those with incomes over $1m to…Read the article
This post was originally published on 5.10.2012 in English and has been translated for our French readers.
Depuis le début de l’année 2011, la croissance économique de la France s’est révélée extrêmement décevante, en passant d’un rythme annuel de près de 2,5 % à tout juste 0,3 % au second trimestre 2012. Certes tous les pays de la zone euro ont été à la peine durant cette même période, mais la…Read the article
Since the start of 2011 French economic growth has been extremely disappointing, falling from an annual rate of nearly 2.5% to just 0.3% in the second quarter of this year. Of course the whole Eurozone has seen weakness over the period, but French growth has lagged that of the “core” over the period. German GDP growth was at or above 2% for all but the last two quarters, and now stands at 1%….Read the article
On Monday Warren Buffett stated “our leaders have asked for ‘shared sacrifice’”. But when they did the asking, they spared me….whilst most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks.” (click here for the NY Times op-ed).
We’d just been looking at the chart below, so the timing of his commentary was good. Whilst mean US male weekly earnings …Read the article