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The $4.5 Billion Dollar Bank Run
Nov 07 201111:20 am EDT -
The Times' Rorshach Geithner Story
Apr 27 20099:26 am EDT -
Sinking Animal Spirits
Apr 27 20098:45 am EDT -
Counter-cyclical Urban Policy
Apr 26 200910:00 am EDT -
Be Your Own Counterfeiter
Apr 26 20099:36 am EDT -
Being Tim Geithner
Apr 25 200912:37 pm EDT -
Notes From a Press Conference Naif
Apr 25 20099:41 am EDT -
What Good is the News?
Apr 25 20098:32 am EDT -
Stressful Enough
Apr 24 20092:29 pm EDT -
Not Regretting the Pound
Apr 24 20091:09 pm EDT
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Feb 05 2008 12:00am EDT
Exxon Mobil Datapoint of the Day
Exxon Mobil pays as much in taxes ($27 billion) annually as the entire bottom 50% of individual taxpayers, which is 65,000,000 people.
Or, to put it another way, you could abolish all taxes for the bottom 50% of individual taxpayers, and still only get about 18% of a $150 billion fiscal stimulus package. Which makes sense, since those taxpayers only earn just over $14,000 a year each, on average. They shouldn't be paying taxes.
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