Brian27

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    • Fri Jun 6th 11:58 AM | Rating: 0 0
      Commented on:
      Five Oil and Gas Trust Picks
      Six months ago the trusts were a bargain. The Canadian government wants to reduce the corporate tax rate so the impact of trust convervison to corporation will be mitigated a bit.

      But one has to value the trusts using the future corporate tax rate prevalent in 2011. Certainly, net income, cash flow and dividends will be lowered significantly. One should expect that alot of trusts will be bought out as 2011 approaches and the tax pools are used up, as the reason for their existence (tax shelter) will be gone.
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    • Wed Jun 4th 08:57 AM | Rating: 0 0
      Commented on:
      Supply-Side Fairy Tales
      A simple fact. The top 20% of income earners pay 61% of the income taxes. Before the marginal tax rate cuts it was 60%. Calling marginal tax cuts redistribution from the poor to the rich is completely wrong.

      Laffer's theory was simple. There is a tax revenue maximizing marginal rate. If you are above that rate cutting marginal tax rates will increase tax revenues by growing the economy. Below that rate a cut will also grow the economy but revenues wll fall.

      So far Laffers theory has been consistent with the data from the US experience in the 80's 90's and 2000's.
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    • Wed Jun 4th 08:43 AM | Rating: 0 0
      Commented on:
      Supply-Side Fairy Tales
      Poor understanding of economics. Mankiw's arguement is correct. In long run the workers bear the cost of the corporate tax. In a global environment prices cannot be raised and capital flows to were it receives the highest return.

      Cut the corporate tax the initial effect is to increase the rate of return on capital. This will increase investment until rates of return are equalized with the original after tax rates of return. That occurs because projects that were rejected for not having a good return under corporate taxes are now undertaken.
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    • Thu May 29th 10:56 AM | Rating: 0 0
      Commented on:
      Oil Companies Paid More Than Bottom 75% of Taxpayers
      It is true that corporations do not pay taxes, individuals pay taxes. So the corporate tax rate should be zero.

      However, it is clear that corporations collect taxes for the IRS. And they collect more from oil users, for the IRS, than the IRS collects directly from income taxes on the bottom 75%.
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    • Wed May 28th 12:13 PM | Rating: 0 0
      Commented on:
      The Case for Not Drilling ANWR
      Time to drill Anwar is now. The North slope field is 100 miles away and output is declining from its high or 2 mill bbd to 750 k bbd currently. That oil will be needed in 10 years .... the time it will take to bring to market.

      There is no long run shortage of oil. 1)Deep sea drilling is just beginning witness the big Petrobras find off the Brazilian coast. 2)The Canadian tar sands are just beginning to be developed. They are expensive initially but the reserves are bigger than Saudi and no exploration is needed.3) Barnett shale oil (Colorado needs to be developed. Bad move by democrats in congress to block this development 4) Bakken shale looks like a hugh reservoir it will also be coming on line.

      The arguments to leave Anwar alone for the long run because no replacements exist is an extraordinarily poor argument.

      Cheap energy is what fuels the US economy. Increasing energy costs artificially by stopping drilling and congressional interference while east europe, China andRussia have low energy costs will significantly damage the US economy and our standard of living.
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    • Tue May 27th 10:28 AM | Rating: 0 0
      Commented on:
      GE May Spin Appliances Unit, Not Sell It
      I bought a builder home and have never replaced my GE appliances that have broken down with GE appliances. I will never buy GE appliances they always breakdown. They only have sales because of their builder contracts and financing. I will not own GE stock with Imelt as chairman. GE sales to Iran are immoral and Imelt should resign.
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    • Tue May 20th 12:13 PM | Rating: 0 0
      Commented on:
      Cramer: How An Obama Win Would Impact Healthcare Stocks
      If Hillary care had passed the pharma stocks would have been killed. The only reason they rallied in the 90's was the death of Hillary Care. Only Cramer thinks that the run in pharma would have happened if Hillary care had passed.

      If Obama care passes the pharma stocks get killed. If it doesn't there will be a run
      View article »
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