Consumption tax rate, called as Value-Added tax(VAT) or Sales Tax, varies across OECD member countries. The average rate .among all OECD countries is 19.2%. The average rate for OECD countries that are members of the EU is even higher at 21.7%. The chart below shows the consumption tax rates between OCED countries: Click to enlarge …
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“What this country needs is a really good five cent cigar” – Thomas Riley Marshall, US Vice President (1913–21) Millions of rules, regulations and laws exist on the books in the US. Sometimes however it feels like common sense is lacking in the most basic things of human life. One such thing is the issue of paid …
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The Economist’s 1843 magazine published an article ranking international airlines. According to the report, the best airlines based on user rankings are Singapore Airline(SINGY) and All Nippon Airlines. The chart below shows the best and worst airlines: Click to enlarge Source: Come Fly with Me, 1843, The Economist Group Among the US airlines. Delta(DAL) earned …
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The Wall Street Journal published an article by Jo Craven Mcginty back in October titled “Algorithms Aren’t Biased, But the People Who Write Them May Be“. The author discussed a book called “Weapons of Math Destruction” published by Dr.Cathy O’Neil and how algorithms are used in many different industries. An excerpt from the piece: The …
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Yesterday we looked at the importance of long-term investing using the UK edition of The Vanguard 2016 Index Chart. The Australian edition of The Vanguard 2016 Index Chart below shows how long-term investing produces the most returns with equity investing: Click to enlarge A A$10,000 investment in 1986 would have produced an annual return of 9.6% beating …
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