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In the 1940s and putting together the concept of income we now use today under the income tax they were neglecting the adverse effect on the labor force and it wasnt unknown. The godfather of the income tax henry simons and one of the two leading godfathers admitted that it would damage the economy and his current disciples dont want you to remember that or theyve forgotten it. Heres what simons said about Income Taxation. Income taxation is broadly an instrument of economic control. A means of mitigating economic inequality which well assume that moderation of inequality is an important objec...

[applause] interested in American History . Watch American History television on cspan3 at the weekend. 40 hours of people and events that helped document the american story. Visit cspan. Org history for more information. Booktv recently visited capitol hill to ask members of congress what they are reading this summer. Im going to try to get through a few. One is the future of the brain. Doing a lot of work in neuroscience space in congress. We have a map of the brain. A group of essays that if they all point to the direction of the future. As a euro sign tracers. Im also interested in both st...

So, what allen, will whoever else commented, he mustve been looking at scam artists, or something. They do not require they required a lot of paperwork and proof of income and situation, but they do not require us to pay upfront money to modify the loan. Unfortunately there is a balloon payment at the end of our mortgage, which scares me because if i lived past that stage, we have that to worry about. For now, we are in our home, and we live in a beautiful part of florida, near the beaches. Homes around here can vary from , dependsn to 100,000 on where you are at. We are kind of in the rural a...

Allegation. We dont know that for a fact we have checked every donation that we have. We do not know of any individual that didnt legitimately give to our campaign and that we did uncover we returned them so that, um, they were clean. Reporter do you recall a meeting on front street with these individuals . I recall fundraisers. I recall a lot of meetings, a lot of people three years ago. I do not recall any specific, um, meetings of folks meeting speak one thing. Doing something that is inappropriate is a completely different and we have always been very thorough that have the feds ever subse...

S p down 1. 1 , and the russell down 1. 05 . Why . One main reason is china. China devaluing its currency. The dollar strengthening significantly. Oil is down big time, look at that, dollar strength, it takes fewer dollars now to buy a gallon of a barrel of oil at 43. 2, down almost 4 . Brent down almost 3 , gold up just a little bit as you see there about a half percent. Mandy is out but sarah eisen who knows a lot about currencies and china is with us today. Thank goodness youre here. I live for days like this, watching the dow and the impact of china spread across the globe. Bob pisani, any...