The U.S. dollar has been on a downward spiral for many years now. The following chart makes it clear the severity of the dollar’s plunge against major currencies since 2002: Source: The Wall Street Journal As the dollar continues to fall many investors seek the shelter in gold which has driven the price of gold …
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Rising food prices heavily affects low-income countries than developed markets. The following chart shows the food expenses share of the Consumer Price Index (CPI) for a few countries: Click to enlarge Source: Rising food prices – Short-term drivers, trends, implications, Deutsche Bank Research From an article titled Asia Price Rises Imperil Growth in The Wall …
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The chart below answers the question in the title of this post: Source: Treasury Bulletin March 2011. U.S. Department of the Treasury From the report: Individual income tax receipts, net of refunds, were $256.0 billion for the first quarter of fiscal year 2011. This is an increase of $48.3 billion over the comparable prior year …
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Housing prices are flat to down in countries whose financial systems were badly damages by the financial crisis. However countries which avoided the big banking crisis have seen housing prices grow according to a recent article in the Journal: Source:Housing Bubbles Percolate Far From Crises Elsewhere, The Wall Street Journal
Earlier this year I wrote a post on withholding taxes for foreign stock dividends based on data from Dow Jones Indexes. In this post, I have listed below the withholding taxes of 62 countries (including the U.S.) according to data published by STOXX Ltd: [TABLE=926] Source: STOXX USA charges 30% tax on stock dividend payments …
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