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At the Fiscal Cliff I Cry "Jump, Jump, Jump!"

BillK9 Wrote: Nov 13, 2012 1:40 PM
I pulled every dollar I had in the stock market yesterday! I am convinced it will tank soon! There are no positive signs at all!
The Spear Wrote: Nov 13, 2012 2:25 PM
Pulled my dollars out late last week. I'm with you BillK9.
restoreliberty Wrote: Nov 13, 2012 2:03 PM
probably a smart move, the market is over bloated and due for a major course correction

The most expensive tax in the history of the world has been proposed by the Obama administration and to hear them tell the story, you’d think the rest of us should be grateful.

“We want to create a global minimum tax,” said vice president Joe Biden, “because American taxpayers shouldn’t be providing a larger subsidy for investing abroad than investing at home.”

A global minimum tax is a tax on all profits made by nominally US companies that operate overseas. They operate overseas for various reasons, but one big reason is because corporate taxes are higher in...