USA

Is this the stupidest provision of the U.S. Tax Code?

1 October 2010
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Two guest posts in one week! On this occasion, the Mule is yielding the soapbox to an anonymous and unqualified cynic who wants to talk about tax (his own words). In particular, he looks at tax and property markets in Australia and the US.

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To Vote or Not?

4 November 2008

On the eve of the US election, occasional commenter here at the Stubborn Mule, Michael Michael, sent me links to a couple of articles on Slate on the merits of voting.  Of course, as an Australian citizen, I don’t have the option of voting in the US election, but the issues raised are relevant to […]

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The Mother of All Bailouts

25 September 2008

Financial markets around the world remain extremely anxious as the US Congress ponders the Troubled Asset Relief Program (“TARP”) proposal, aka the Mother of All Bailouts (“MOAB”). Under this proposal, the US Government will spend up to US$700 billion to buy “troubled” mortgage-backed securities in the hope that this will lubricate the markets that have […]

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Income Inequality in Australia and the US

13 September 2008

A topic that the New York Times visits from time to time is that of income inequality. In the United States, the gap between the highest and lowest earners has been increasing over the last 80 years or so. A recent article returns to this theme and provides further insight into the trend. It cites […]

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