Forget the 'millionaire surtax.' The better way to tax millionaires is to broaden the tax base – and let all those Bush tax cuts expire.
Nine films will be vying for the Best Picture trophy at the 84th Annual Academy Awards, taking place Sunday at 8 pm. The Best Picture Oscar won’t be announced until late in the evening, but when it comes to the box office, clear winners and losers have already emerged. While there was no runaway blockbuster among this year’s Oscar nominations, the films nominated ran the gamut in terms of profitability: Some made back nearly four times their filming budgets, while others failed to break even. Here’s all nine Best Picture nominees, ranked according to profit margin. Box office numbers are based on worldwide earnings. Can you guess which film was the best bang for its buck?
US stocks are a better place to put your money than gold, according to Warren Buffett. But gold prices are only going up, and gold is a far less risky investment than US stocks.
The 'Buffett rule' – a minimum tax rate on millionaires – wouldn't have much effect on wages and salaries, but it would greatly impact capital gains.