In California: Federal tax - 37% California income tax - 13.3% Total is therefore slightly over 50%. But there's more! On top of this, property taxes are massively higher than in the UK. (View Post)

capital hoarders Call it for what it is, @HYUFD. A deliberate desire to cheat the tax system by failing to spend (and therefore pay VAT). (View Post)

It's time for the rest of the world to ignore Trump on trade and tariffs, and look to get together. Mercosur-UK-EU-CPTPP-EFTA would be a good start. In the fullness of time, China could be offer… (View Post)

Building more prisons - on its own - is not the answer. It may be that building more prisons is part of the solution, but it needs to be combined with many other things. Like - for a start - fuding t… (View Post)

Trump wants a fight. He wants to goad the Dems into fighting on his turf. He wants them standing up for undocumented migrants. And the Dems have actually been (moderately) smart. They've not tak… (View Post)