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Chart 2: Wealthy Taxpayers Rely Less on Wage and Salary Income Than Any Other Income Class Chart 3: Changes In Tax Rates Have Little Effect on Revenues Chart 4: Rich Pay More Following 1920s Tax Cuts Chart 5: Rich Paid More Under 1960s Kennedy Tax Cuts Chart 6: Reagan Tax Cuts Generated 31% More Tax Revenue From the Wealthy Chart 7: Higher Tax Rates, Lower Revenue Introduction One of the most important fiscal policy debates developing in this election involves the question of whether changes in tax policy have "supply-side" effects. In other words, will lower tax rates increase economic growt...

Share this article Share this article FORT LAUDERDALE, Fla., Dec. 18, 2020 /PRNewswire/ -- Empire Diversified Energy, Inc. (OTCQB: MPIR), announced today that Carl (Scotty) Ewusiak has been unanimously named to the Board of Directors of the Company, as well as approved by the Board to serve as Empire's President.  Empire recently closed on a $26 million tax-exempt funding with the West Virginia Economic Development Authority, underwritten by Citigroup, and subscribed by Principal Street Partners, and Nuveen.  Mr. Ewusiak has for many years functioned as owner and operator of the facilities...

Share this article Share this article FORT LAUDERDALE, Fla., Dec. 16, 2020 /PRNewswire/ -- Empire Diversified Energy, Inc. (OTCQB:MPIR) offered additional details today regarding the recent closing of its $26 million funding, and the asset acquisition and expansion that has already begun as a result.  As noted in its release of 12/2/2020, Empire's funding resulted from the issuance by the West Virginia Economic Development Authority of tax-exempt Dock and Wharf Revenue Bonds.  The bond issuance, underwritten by Citigroup, was purchased primarily by Principal Street Partners and Nuveen Inve...