APWU Web News Article 026-2012, March 30, 2012 The APWU is asking state and local organizations to participate in two nationwide activities in April: Lobbying your senators at their home offices during the Easter recess, and informational leafleting on Tax Day, April 17. [Download two-sided flyer - PDF] “Time is running out for Congress to [...]
That’s the question one is struck by when looking at this graph: The graph, from a European Court of Justice (ECJ) report, illustrates the number of "Judgements concerning failure of a member state to fulfil its obligations" last year – or, in plain English, the number of times a country either broke or refused to [...]
In my previous blog I explained a little of the concept of the natural rate of interest and why keeping interest rates below the natural rate for an extended period will mean lower growth over the medium term. A number of readers reacted with scepticism regarding the relevance of that idea at present. They note [...]
Here's a cutesy little thought for you: could panic buying mean the UK avoids the two-quarters "technical" recession forecast by the OECD? (I know, I know. There's nothing truly "technical" about a two-quarter contraction being a recession; it was just an idea made up by some President's press secretary or in a New York Times article; etc. But [...]
Over the last three years, it has become the Federal Reserve's version of the waiting game cardinals make the world play when they elect a new Pope. What's at stake is, of course, different. It's not about who will lead the world's more than one billion Catholics, but whether the Fed has anything left up [...]
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What can you do to protect yourself from Budget 2012’s changes which will bash baby boomers and turn the screw on the squeezed middle? About 678,000 people of all ages who currently pay basic rate income tax at 20pc may feel aggrieved when they become higher rate taxpayers for the first time next year. Instead of [...]
Never mind how Budget 2012 might affect a relatively small number of millionaires using offshore companies to avoid Stamp Duty. Here and now, accountants say thousands of buy-to-let landlords are sitting on a “tax timebomb”. Many will have to pay two years’ tax liabilities during the next six months, creating a cashflow crisis after years [...]
Here's a little conundrum to get you thinking. The banks have set aside provisions for payment protection insurance mis-selling refunds. How will that affect GDP? Well, when they made the provisions, that was a dent in their profits. For example, Lloyds made a provision of £3.2 billion in May last year. All up, the banks [...]