Wednesday, December 3, 2014

GOP Looking To Raise Tax On Investors -- SeekingAlpha -- December 3, 2014

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Seeking Alpha is reporting:
  • Congressman Paul Ryan has indicated that specialized tax structures need to be changed in order to make the tax system more fair.
  • The target is clearly Master Limited Partnerships and Real Estate Investment Trusts (REITs).
  • The president and Congress are in agreement on certain changes in tax laws, and this brings risk to MLPs. 
The Insane Germans

Read this old post first from which this was taken
Germany accounts for 2.4% of all the CO2 emitted into the atmosphere. A lot of pain for making absolutely no difference. And now it seems, they don't even feel good about it.
Now, read the article posted by Reuters today:
Germany's cabinet approved a new plan on Wednesday to slash CO2 emissions in order to meet its ambitious climate targets, but environmental groups criticised the government for not going further in reducing its reliance on coal-fired power plants.
The package, which includes an energy efficiency programme that could trigger billions of euros in investment, is essential if Germany is to hit its goal of a 40 percent drop in emissions by 2020 from 1990 levels. The broader EU is aiming to cut emissions by the same amount by 2030.
This is absolutely insane. Right now, Germany's CO2 contribution to the global atmosphere is about 2.4%.

Recently, President Obama negotiated a hard-fought deal with China to allow the Chinese to keep on increasing their CO2 emissions through 2025 (or longer, if deemed necessary). So, even if Germany does nothing new, their CO2 emissions will drop on a percentage basis, no doubt to less than 1%. But now the country embarks on economic suicide for reasons unknown.

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