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Uncle Sam’s $8 Trillion Annual Debt Churn: Why Washington Is Pertrified Of Honest Interest Rates

By Michael Snyder I know that headline sounds completely outrageous.  But it is actually true.  The U.S. government is borrowing about 8 trillion dollars a year, and you are about to see the hard numbers that prove this.  When discussing the national debt, most people tend to only focus on the amount that it increases […]

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US cracks down on ‘unpatriotic’ corporations’ tax inversion deals

The American corporations labeled unpatriotic for exploiting loopholes to avoid US taxes may see the so-called tax inversion schemes much less lucrative with the new rules announced by the US Treasury to crack down on the practice. The American corporations labeled unpatriotic for exploiting loopholes to avoid US taxes may see the so-called tax inversion […]

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US Citizens face complex problems overseas due to FATCA

While FATCA was signed into law in 2010, many of the rules didn’t come into effect until 2013.  Now many US Citizens living abroad are feeling the effects of FATCA.  Also a ‘blowback’ effect has occurred, many foreign institutions not willing to deal with the complexities of the new rules have simply chosen to ban […]

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Germany’s Merkel Is Key to Currency-Trading Levy

German Chancellor Angela Merkel’s choice of coalition partner will play a key role in deciding how far the foreign-exchange market is burdened by a proposed financial-transactions tax in 11 European Union states. Merkel, who last year backed a European Commission plan for a broad-based tax on trades in stocks, bonds, derivatives and other assets, is […]

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