After all of that wailing about how unfair this $13 billion settlement is for poor downtrodden JP Morgan Chase, we find out it's likely to be a whole lot lower.
When, whether or how the United States avoids the so-called “fiscal cliff” remains anyone’s guess. But we already know who’s going to pay the price to avert the looming austerity bomb scheduled to detonate next year. Whether a deal
The next time a politician starts talking about "shared sacrifice" and "skin in the game," send them this Alternet article that puts that horse hockey in perspective: 1. Only THREE PERCENT of the very rich are entrepreneurs. According to
Imagine that you are completing your federal tax return. After looking up the tax rate for your income level, you decide you will pay 20 percent less to Uncle Sam. But along with your underpayment, you include a handwritten note to the IRS