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...night, and the whole crew sat around the table and we made little speeches. I was a little drunk and did the whole thing, saying "I love you guys." And then the next day I got on a plane and went to Chicago and was on the set of Public Enemies and dyed my hair white for the job. (See the top 10 movies...
Last year British Prime Minister Gordon Brown raised his country's top marginal rate for income tax to 50% from 40%. This came on the heels of a decision to borrow more than $1 trillion over the next five years, bringing his country's public debt to 79% of GDP by 2013. There has been the expected backlash from the superrich, but the majority of Brits don't seem to mind so much...
...right, but selling a European-style VAT to Americans is a bit like selling snake poison and would likely mean political suicide for any of its supporters. That said, there's no hiding the fact that the ratio of public debt to GDP is expected to balloon from...
...Washington ponders its taxation options, it might also wish to cast its gaze toward the NYSE and Nasdaq, whose companies add very little to the public till. In fact, their contribution as a percentage of GDP ranks in the bottom quartile among OECD nations' figures...
...Monday after an opinion poll published in a British newspaper suggested that none of the parties contesting the country's upcoming general election would emerge with overall control. A so-called hung parliament, investors deduced, would not likely result in a clear plan to tackle the country's dreadful public finances. (See pictures of the financial crisis in London...