What does this ratio mean? Are you saying that your total income tax rate is 1/2.91 = 34%? If so, that is about what mine is also and I agree with your "fair tax" assessment. The top 5% of all taxpayers pay over 50% of all income taxes - I'd say that is more than "fair", particularly since they usually get the least government services in return.
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Show-me Account Talk
- Thread starter Show-me
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What does this ratio mean? Are you saying that your total income tax rate is 1/2.91 = 34%? If so, that is about what mine is also and I agree with your "fair tax" assessment. The top 5% of all taxpayers pay over 50% of all income taxes - I'd say that is more than "fair", particularly since they usually get the least government services in return.
Show-me
Well-known member
2.91% is what I paid on my "taxable income".
southbeachrat
Member
Stops are a good thing. Keeps your losses small. Keeps you in the game for the BIG moves...
ALWAYS USE STOPS!!!!!!!
ALWAYS USE STOPS!!!!!!!
Rod
Well-known member
Show-me
Well-known member
southbeachrat
Member
I rechecked my gains and it is 6.36% instead of 6.6%.
Nice trade! Don't look back.
Show-me
Well-known member
The Week Ahead
Last Update: 08-Feb-08 10:19 ET
http://www.briefing.com/GeneralCont...vestor&ArticleId=NS20080208101951LookingAhead
A steady stream of earnings releases are scheduled for next week, with General Motors(GM), Deere (DE), Schering Plough(SGP), Coca-Cola(KO), Applied Materials (AMAT), and Comcast (CMCSA) among the luminaries set to report their results.
Additional companies scheduled to report earnings can be previewed on our Earnings Calendar.
Economic reports of consequence are weighted toward the back end of the coming week. The January Retail Sales report on Wednesday gets things rolling and will be followed by Weekly Initial Claims and the Trade Balance report on Thursday, and the Industrial Production report on Friday. A complete schedule of the week's economic data is available on our Economic Calendar.
Other items of particular interest during the coming week will include the commentary from the G7 meeting in Tokyo on Feb. 9 and Fed Chairman Bernanke's testimony before the Senate Banking Committee on Thursday.
________________________________________________________________
Monday, February 11:
Last Update: 08-Feb-08 10:19 ET
http://www.briefing.com/GeneralCont...vestor&ArticleId=NS20080208101951LookingAhead
A steady stream of earnings releases are scheduled for next week, with General Motors(GM), Deere (DE), Schering Plough(SGP), Coca-Cola(KO), Applied Materials (AMAT), and Comcast (CMCSA) among the luminaries set to report their results.
Additional companies scheduled to report earnings can be previewed on our Earnings Calendar.
Economic reports of consequence are weighted toward the back end of the coming week. The January Retail Sales report on Wednesday gets things rolling and will be followed by Weekly Initial Claims and the Trade Balance report on Thursday, and the Industrial Production report on Friday. A complete schedule of the week's economic data is available on our Economic Calendar.
Other items of particular interest during the coming week will include the commentary from the G7 meeting in Tokyo on Feb. 9 and Fed Chairman Bernanke's testimony before the Senate Banking Committee on Thursday.
________________________________________________________________
Monday, February 11:
- Earnings: Hasbro (HAS), Carolina Group (CG), W.R. Berkley (BER), 99 Cents Only (NDN)
- Economic Data: None
- Events: None
- Conferences: None
- Fed Speakers: St. Louis Fed President Poole speaks in St. Louis (6:00 PM ET)
- Earnings: General Motors (GM), Marsh McLennan (MMC), Molson Coors (TAP), Omnicom Group (OMC), Qwest (Q), Schering Plough (SGP), Applied Materials (AMAT), Wynn Resorts (WYNN)
- Economic Data: January Treasury Budget
- Events: None
- Conferences: None
- Fed Speakers: San Francisco Fed President Yellen to speak on the economy in San Francisco (11:05 AM ET)
- Earnings: Coca-Cola(KO), Deere (DE), Dean Foods (DF), DirecTV (DTV), Waste Management (WM), Agilent (A), NVIDIA (NVDA)
- Economic Data: January Retail Sales... December Business Inventories... Weekly Crude Inventories (week ending Feb. 9)
- Events: None
- Conferences: Credit Suisse Software Conference
- Fed Speakers: None
- Earnings:Comcast (CMCSA), Daimler AG (DAI), Goodyear Tire (GT), Ingersoll Rand (IR), Marriott (MAR)
- Economic Data: Weekly Initial Jobless Claims (week ending Feb. 9)... December Trade Balance
- Events: None
- Conferences: Credit Suisse Software Conference
- Fed Speakers: Fed Chairman Bernanke, Treasury Secretary Paulson, and SEC Chairman Cox testify before Senate Committee (10:00 ET); Chicago Fed President Evans speaks on U.S. economic outlook in Chicago (1:30 PM ET); and Former Fed Chairman Greenspan speaks about economy (7:30 PM ET)
- Earnings: Abercrombie(ANF), Campbell Soup (CPB), Hormel Foods (HRL)
- Economic Data: January Import and Export Prices... February's New York Empire State Index... December Net Foreign Purchases... January Industrial Production and Capacity Utilization... February's Preliminary Univ. Michigan Consumer Sentiment
- Events: None
- Conferences: None
- Fed Speakers: Fed Governor Mishkin speaks on tools for financial disruptions (1:15 PM ET)
- Status
