Pasty Tax Issues

The UK’s pasty (PASS-tee) tax battle is a good story. But, moving beyond the humor, it has considerable significance. First the story: Taxing the pasty has created a major flap in the UK. The pa…

Interesting Debt Facts

1. China and the Social Security Trust Funds have more in common than you would expect. The public has purchased $9 trillion of U.S. debt. China holds $1.1 trillion of the publicly held total. The U.S…

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