How Money Walks How 2 Trillion Moved Between The States And Why It Matters

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How Money Walks - How $2 Trillion Moved Between the States, and Why It Matters

Author : Travis H. Brown
Publisher : How Money Walks
Page : 153 pages
File Size : 43,8 Mb
Release : 2013
Category : Income tax
ISBN : 9780988740112

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How Money Walks - How $2 Trillion Moved Between the States, and Why It Matters by Travis H. Brown Pdf

Between 1995 and 2010, millions of Americans moved between the states, taking with them over $2 trillion in adjusted gross incomes. Two trillion dollars is equivalent to the GDP of California, the ninth largest in the world. It’s a lot of money. Some states, like Florida, saw tremendous gains ($86.4 billion), while others, like New York, experienced massive losses ($58.6 billion). People moved, and they took their working wealth with them. The question is, why? Why did Americans move so much of their income from state to state? Which states benefitted and which states suffered? And why does it matter? Using official statistics from the IRS, How Money Walks explores the hows, whys, and impact of this massive movement of American working wealth. Consider these facts. Between 1995 and 2010: The nine states with no personal income taxes gained $146.2 billion in working wealth The nine states with the highest personal income tax rates lost $107.4 billion The 10 states with the lowest per capita state-local tax burdens gained $69.9 billion The 10 states with the highest per capita state-local tax burdens lost $139 billion Money—and people—moved from high-tax states to low-tax ones. And the tax that seemed to matter the most? The personal income tax. The states with no income taxes gained the greatest wealth, while the states with the highest income taxes lost the most. Why does this matter? Because the robust presence of working wealth is the leading indicator of economic health. The states that gained working wealth are growing and thriving. The states that lost working wealth lost their most precious cargo—their tax base—and the consequences are dire: stagnation, deterioration, an economic death spiral as they continue to raise taxes and lose people, businesses, and working wealth. The numbers don't lie. ___________________ “When I read How Money Walks, I thought, ‘It’s about time.’ Finally, we have a book that addresses one of our nation’s most critical (yet rarely discussed) fiscal issues: the migration of working wealth as a direct result of personal income tax rates. Brown’s book paints a clear portrait of where money goes and why. How Money Walks should be required reading for anyone who wants to understand why some states struggle to retain people and businesses while others welcome billions of new dollars each year.” Dr. Arthur Laffer Founder and chairman, Laffer Associates and Laffer Investments Former economic advisor to President Ronald Reagan

End the IRS Before It Ends Us

Author : Grover Norquist
Publisher : Center Street
Page : 272 pages
File Size : 44,8 Mb
Release : 2015-04-07
Category : Political Science
ISBN : 9781455585816

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End the IRS Before It Ends Us by Grover Norquist Pdf

As the recent scandal shows, the IRS is big, bad, and out of control. Grover Norquist analyzes the problems within the agency and presents solutions to rein them in. The driving force behind the American Revolution was our forefathers' refusal to accept unfair taxation. Citizens rose up, won a war against impossible odds, and established the most unique government on the face of the earth, with taxes set at about 2 percent. How much has changed since 1776? The strength of Americans resolve is still unrivaled, and Grover Norquist, founder and president of Americans for Tax Reform, knows that once liberty-loving Americans learn the truth behind the oppressive and prosperity-stifling taxes we face today, they'll rise up again. Urging his fellow citizens to join him, Norquist tells a powerful and urgent story that will convince you we must act now to END THE IRS BEFORE IT ENDS US.

Florida Made

Author : George S. LeMieux,Laura E. Mize
Publisher : Arcadia Publishing
Page : 288 pages
File Size : 46,8 Mb
Release : 2018-04-09
Category : Photography
ISBN : 9781439665374

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Florida Made by George S. LeMieux,Laura E. Mize Pdf

Once considered just an insect-ridden swampland, Florida is now a top destination for tourism, business, agriculture and innovation thanks to these 25 individuals. Florida is in many ways both the oldest and newest of the megastates. The ideas and actions of a colorful cast of characters - from beloved cultural icons to political heroes and even a socialist dictator - transformed the peninsula. A Barbados native rescued Florida's orange industry after the catastrophic 1835 freeze. Known as the "Grande Dame of the Everglades," Marjory Stoneman Douglas worked tirelessly to save the state's vast, incomparable wetlands from annihilation in the early twentieth century. In the mid-1800s, a Florida doctor developed a precursor to modern air conditioning. Join former U.S. senator George LeMieux and journalist Laura Mize as they profile and rank, according to impact, the 25 trailblazers who have changed the Sunshine State forever.

Macroeconomic Inequality from Reagan to Trump

Author : Lance Taylor
Publisher : Cambridge University Press
Page : 145 pages
File Size : 42,6 Mb
Release : 2020-08-20
Category : Business & Economics
ISBN : 9781108494632

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Macroeconomic Inequality from Reagan to Trump by Lance Taylor Pdf

An innovative approach to measuring inequality providing the first full integration of distributional and macro level data for the US.

The Financial Crisis Inquiry Report

Author : Financial Crisis Inquiry Commission
Publisher : Cosimo, Inc.
Page : 692 pages
File Size : 40,9 Mb
Release : 2011-05-01
Category : Political Science
ISBN : 9781616405410

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The Financial Crisis Inquiry Report by Financial Crisis Inquiry Commission Pdf

The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.

The 9.9 Percent

Author : Matthew Stewart
Publisher : Simon and Schuster
Page : 352 pages
File Size : 45,7 Mb
Release : 2022-10-11
Category : History
ISBN : 9781982114190

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The 9.9 Percent by Matthew Stewart Pdf

"A trenchant analysis of how the wealthiest 9.9 percent of Americans -- those just below the tip of the wealth pyramid -- have exacerbated the growing inequality in our country and distorted our social values"--

The Death of Expertise

Author : Tom Nichols
Publisher : Oxford University Press
Page : 240 pages
File Size : 42,9 Mb
Release : 2017-02-01
Category : Political Science
ISBN : 9780190469436

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The Death of Expertise by Tom Nichols Pdf

Technology and increasing levels of education have exposed people to more information than ever before. These societal gains, however, have also helped fuel a surge in narcissistic and misguided intellectual egalitarianism that has crippled informed debates on any number of issues. Today, everyone knows everything: with only a quick trip through WebMD or Wikipedia, average citizens believe themselves to be on an equal intellectual footing with doctors and diplomats. All voices, even the most ridiculous, demand to be taken with equal seriousness, and any claim to the contrary is dismissed as undemocratic elitism. Tom Nichols' The Death of Expertise shows how this rejection of experts has occurred: the openness of the internet, the emergence of a customer satisfaction model in higher education, and the transformation of the news industry into a 24-hour entertainment machine, among other reasons. Paradoxically, the increasingly democratic dissemination of information, rather than producing an educated public, has instead created an army of ill-informed and angry citizens who denounce intellectual achievement. When ordinary citizens believe that no one knows more than anyone else, democratic institutions themselves are in danger of falling either to populism or to technocracy or, in the worst case, a combination of both. An update to the 2017breakout hit, the paperback edition of The Death of Expertise provides a new foreword to cover the alarming exacerbation of these trends in the aftermath of Donald Trump's election. Judging from events on the ground since it first published, The Death of Expertise issues a warning about the stability and survival of modern democracy in the Information Age that is even more important today.

The Clean Money Revolution

Author : Joel Solomon,Tyee Bridge
Publisher : New Society Publishers
Page : 338 pages
File Size : 42,6 Mb
Release : 2018-09-04
Category : Business & Economics
ISBN : 9781771422284

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The Clean Money Revolution by Joel Solomon,Tyee Bridge Pdf

Explores how “clean money” is transforming capitalism by powering sustainable businesses that build social and financial equity and change the world. Part memoir of an inspiring thought-leader’s journey from presidential campaigner to multi-millionaire investor, part insider’s guide to the businesses that are remaking the world, and part table-pounding manifesto for innovative investors and entrepreneurs.

Shadows of War

Author : Carolyn Nordstrom
Publisher : Univ of California Press
Page : 310 pages
File Size : 46,8 Mb
Release : 2004
Category : Business & Economics
ISBN : 0520239776

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Shadows of War by Carolyn Nordstrom Pdf

Annotation This book captures the human face of the frontlines, revealing both the visible and the hidden realities of contemporary war, power, and international profiteering in the 21st century.

Drawdown

Author : Paul Hawken
Publisher : Penguin
Page : 258 pages
File Size : 46,7 Mb
Release : 2017-04-18
Category : Science
ISBN : 9781524704650

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Drawdown by Paul Hawken Pdf

• New York Times bestseller • The 100 most substantive solutions to reverse global warming, based on meticulous research by leading scientists and policymakers around the world “At this point in time, the Drawdown book is exactly what is needed; a credible, conservative solution-by-solution narrative that we can do it. Reading it is an effective inoculation against the widespread perception of doom that humanity cannot and will not solve the climate crisis. Reported by-effects include increased determination and a sense of grounded hope.” —Per Espen Stoknes, Author, What We Think About When We Try Not To Think About Global Warming “There’s been no real way for ordinary people to get an understanding of what they can do and what impact it can have. There remains no single, comprehensive, reliable compendium of carbon-reduction solutions across sectors. At least until now. . . . The public is hungry for this kind of practical wisdom.” —David Roberts, Vox “This is the ideal environmental sciences textbook—only it is too interesting and inspiring to be called a textbook.” —Peter Kareiva, Director of the Institute of the Environment and Sustainability, UCLA In the face of widespread fear and apathy, an international coalition of researchers, professionals, and scientists have come together to offer a set of realistic and bold solutions to climate change. One hundred techniques and practices are described here—some are well known; some you may have never heard of. They range from clean energy to educating girls in lower-income countries to land use practices that pull carbon out of the air. The solutions exist, are economically viable, and communities throughout the world are currently enacting them with skill and determination. If deployed collectively on a global scale over the next thirty years, they represent a credible path forward, not just to slow the earth’s warming but to reach drawdown, that point in time when greenhouse gases in the atmosphere peak and begin to decline. These measures promise cascading benefits to human health, security, prosperity, and well-being—giving us every reason to see this planetary crisis as an opportunity to create a just and livable world.

When Genius Failed

Author : Roger Lowenstein
Publisher : Random House Trade Paperbacks
Page : 290 pages
File Size : 52,8 Mb
Release : 2001-10-09
Category : Business & Economics
ISBN : 9780375758256

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When Genius Failed by Roger Lowenstein Pdf

“A riveting account that reaches beyond the market landscape to say something universal about risk and triumph, about hubris and failure.”—The New York Times NAMED ONE OF THE BEST BOOKS OF THE YEAR BY BUSINESSWEEK In this business classic—now with a new Afterword in which the author draws parallels to the recent financial crisis—Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term’s partners, the arrogance of their mathematical certainties, and the culture of Wall Street itself contributed to both their rise and their fall. When it was founded in 1993, Long-Term was hailed as the most impressive hedge fund in history. But after four years in which the firm dazzled Wall Street as a $100 billion moneymaking juggernaut, it suddenly suffered catastrophic losses that jeopardized not only the biggest banks on Wall Street but the stability of the financial system itself. The dramatic story of Long-Term’s fall is now a chilling harbinger of the crisis that would strike all of Wall Street, from Lehman Brothers to AIG, a decade later. In his new Afterword, Lowenstein shows that LTCM’s implosion should be seen not as a one-off drama but as a template for market meltdowns in an age of instability—and as a wake-up call that Wall Street and government alike tragically ignored. Praise for When Genius Failed “[Roger] Lowenstein has written a squalid and fascinating tale of world-class greed and, above all, hubris.”—BusinessWeek “Compelling . . . The fund was long cloaked in secrecy, making the story of its rise . . . and its ultimate destruction that much more fascinating.”—The Washington Post “Story-telling journalism at its best.”—The Economist

Making Eye Health a Population Health Imperative

Author : National Academies of Sciences, Engineering, and Medicine,Health and Medicine Division,Board on Population Health and Public Health Practice,Committee on Public Health Approaches to Reduce Vision Impairment and Promote Eye Health
Publisher : National Academies Press
Page : 587 pages
File Size : 52,7 Mb
Release : 2017-01-15
Category : Medical
ISBN : 9780309439985

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Making Eye Health a Population Health Imperative by National Academies of Sciences, Engineering, and Medicine,Health and Medicine Division,Board on Population Health and Public Health Practice,Committee on Public Health Approaches to Reduce Vision Impairment and Promote Eye Health Pdf

The ability to see deeply affects how human beings perceive and interpret the world around them. For most people, eyesight is part of everyday communication, social activities, educational and professional pursuits, the care of others, and the maintenance of personal health, independence, and mobility. Functioning eyes and vision system can reduce an adult's risk of chronic health conditions, death, falls and injuries, social isolation, depression, and other psychological problems. In children, properly maintained eye and vision health contributes to a child's social development, academic achievement, and better health across the lifespan. The public generally recognizes its reliance on sight and fears its loss, but emphasis on eye and vision health, in general, has not been integrated into daily life to the same extent as other health promotion activities, such as teeth brushing; hand washing; physical and mental exercise; and various injury prevention behaviors. A larger population health approach is needed to engage a wide range of stakeholders in coordinated efforts that can sustain the scope of behavior change. The shaping of socioeconomic environments can eventually lead to new social norms that promote eye and vision health. Making Eye Health a Population Health Imperative: Vision for Tomorrow proposes a new population-centered framework to guide action and coordination among various, and sometimes competing, stakeholders in pursuit of improved eye and vision health and health equity in the United States. Building on the momentum of previous public health efforts, this report also introduces a model for action that highlights different levels of prevention activities across a range of stakeholders and provides specific examples of how population health strategies can be translated into cohesive areas for action at federal, state, and local levels.

World Development Report 2009

Author : World Bank
Publisher : World Bank Publications
Page : 300 pages
File Size : 41,7 Mb
Release : 2008-11-04
Category : Political Science
ISBN : 082137608X

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World Development Report 2009 by World Bank Pdf

Rising densities of human settlements, migration and transport to reduce distances to market, and specialization and trade facilitated by fewer international divisions are central to economic development. The transformations along these three dimensions density, distance, and division are most noticeable in North America, Western Europe, and Japan, but countries in Asia and Eastern Europe are changing in ways similar in scope and speed. 'World Development Report 2009: Reshaping Economic Geography' concludes that these spatial transformations are essential, and should be encouraged. The conclusion is not without controversy. Slum-dwellers now number a billion, but the rush to cities continues. Globalization is believed to benefit many, but not the billion people living in lagging areas of developing nations. High poverty and mortality persist among the world's 'bottom billion', while others grow wealthier and live longer lives. Concern for these three billion often comes with the prescription that growth must be made spatially balanced. The WDR has a different message: economic growth is seldom balanced, and efforts to spread it out prematurely will jeopardize progress. The Report: documents how production becomes more concentrated spatially as economies grow. proposes economic integration as the principle for promoting successful spatial transformations. revisits the debates on urbanization, territorial development, and regional integration and shows how today's developers can reshape economic geography.

A Pragmatist's Guide to Leveraged Finance

Author : Robert S. Kricheff
Publisher : FT Press
Page : 282 pages
File Size : 44,5 Mb
Release : 2012-02-27
Category : Business & Economics
ISBN : 9780132855242

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A Pragmatist's Guide to Leveraged Finance by Robert S. Kricheff Pdf

The high-yield leveraged bond and loan market (“junk bonds”) is now valued at $3+ trillion in North America, €1 trillion in Europe, and another $1 trillion in emerging markets. What’s more, based on the maturity schedules of current debt, it’s poised for massive growth. To successfully issue, evaluate, and invest in high-yield debt, however, financial professionals need credit and bond analysis skills specific to these instruments. Now, for the first time, there’s a complete, practical, and expert tutorial and workbook covering all facets of modern leveraged finance analysis. In A Pragmatist’s Guide to Leveraged Finance, Credit Suisse managing director Bob Kricheff explains why conventional analysis techniques are inadequate for leveraged instruments, clearly defines the unique challenges sellers and buyers face, walks step-by-step through deriving essential data for pricing and decision-making, and demonstrates how to apply it. Using practical examples, sample documents, Excel worksheets, and graphs, Kricheff covers all this, and much more: yields, spreads, and total return; ratio analysis of liquidity and asset value; business trend analysis; modeling and scenarios; potential interest rate impacts; evaluating and potentially escaping leveraged finance covenants; how to assess equity (and why it matters); investing on news and events; early stage credit; and creating accurate credit snapshots. This book is an indispensable resource for all investment and underwriting professionals, money managers, consultants, accountants, advisors, and lawyers working in leveraged finance. In fact, it teaches credit analysis skills that will be valuable in analyzing a wide variety of higher-risk investments, including growth stocks.

Pentagon 9/11

Author : Alfred Goldberg
Publisher : Office of the Secretary, Historical Offi
Page : 330 pages
File Size : 51,8 Mb
Release : 2007-09-05
Category : Architecture
ISBN : MINN:31951D02370380C

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Pentagon 9/11 by Alfred Goldberg Pdf

The most comprehensive account to date of the 9/11 attack on the Pentagon and aftermath, this volume includes unprecedented details on the impact on the Pentagon building and personnel and the scope of the rescue, recovery, and caregiving effort. It features 32 pages of photographs and more than a dozen diagrams and illustrations not previously available.