Recent content by billdick

Thread asks: Is gold or silver the better investment? I would say Neither, TIPs are better, especially if held in a tax defered account, so not yet collected income avoids current year taxation. Precious metals offer only possible appreciation and historically over almost any period of a...

I already exposed how ill informed Tom B is 6 posts back, but could not then document my source. Here is more of the same, from another with source, which is given: “… Brazil has also proven that it has a strong consumer base of its own ready and able to fuel economic growth, even as...

A few days ago I read (in an article from Motley Fools, I think, but only copied it without recording the link) the following to answer your question (Selected part of a long article): {Brazil’s} “highly professional central bank, which, independent of political pressures, kept real...

In support of my just made claims (prior post) about SouthAmerica's wrong POV on the new Brazilian 2% IOF tax vs. mine: Following from thread: "Here is why the world’s smart money is being invested in Brazil." of the "Economics" forum...

I too think the dollar will lose most of its current purchasing power before China collects much of the oil, etc.. China has promised 10billion dollars as a loan to be repaid by 200,000 barrels of oil / day for 20 years, as I recall. This is but a small part of China's wise efforts to both...

I think you have it exactly backwards. Much of the FDI into Brazil is "dollar carry trade" due to the very low cost of borrowing in USA and very high real rate of return in Brazil. In past when the IOF (at 1.5%, now 2%) existed, it applied to both the entry and exit of funds, so that is a 4%...

Advise others, for a fee, how to get rich off dollar decline. :cool:

One right out of three tries is failing in my score book. True I am sort of pink in skin color at least. Since when has total elimination of all corporate taxation (and their associated tax lawyer expenses) been high on the "commie agenda" ? :D If "fag" has it usual reference, and it is...

"Ain't necessarily so." For example I am a retired US citizen, but I no longer live in USA. I would not even be cheating when I pay no taxes on my US investment earnings under a pure consumption tax. :D The OP's tax plan taxes every US citizen by the same simple formula, regardless of...

The AMT not be very popular is a help in getting tax reform along the radical reform lines the OP suggests as it and 99% of all the current tax code has been eliminated in the suggested tax code, which treats everyone exactly the same. As far as the argument between the "tax and spend"...

An earlier version of the "definitions, information and examples" sheet mentioned in the OP, can be found at: http://www.sciforums.com/showpost.php?p=1792841&postcount=1 but I will only revise and post it here if some interest or suggestions replies are made. I wish to correct two omissions...

As one who occasionally trades dollars for ever fewer Reais, I cannot get very enthusiastic about an additional 200 billion dollars coming to Brazil, driving the value of the Real even higher. Brazil already suffers from the "Dutch Disease." (I.e. "De-industrialization" of high labor cost...

US Federal Tax Law is too complex and inefficient because it is “central planning” (social engineering) in disguise. :mad: Below is a suggested alternative, which fits on an index card, but there is one sheet of paper required for the definitions of various terms, like “income” and...

I am not SA. I have some disagreements with him and have posted them. For example he thinks it wise for Brazil to have built it reserves up from about 50 billion to 200 billion*, but I do not as they issued local bonds in Real (now paying about 12% to "sterilize" the Real that they paid out to...