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Even five years of trillion dollar deficits are unsustainable: At normal interest rates of 5 percent, almost all personal income tax revenues would go to pay interest, which would exceed expenditures on social security!
FORBES: Politics or Ideology? Obama's Curious Indifference to Trillion Dollar Deficits
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In the short term, the supply of housing is more or less fixed, so house prices are mainly driven by demand factors: namely, personal disposable income, real interest rates and the return offered by alternative investments such as equities.
ECONOMIST: House prices
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This November, leadership from the State Legislature will attempt to end the creeping encroachment of the personal income tax applied to gaming winnings and interest from dividends.
FORBES: In "Live Free or Die" New Hampshire, The U.S. Looks For Tax Leadership
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His measly million dollar salary is supplemented by forty million in carried interest income and another couple of million from personal investments.
FORBES: Private Residence Club Does Not Trigger "New York Rule" On Resident Status
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In addition to lower corporate and personal income taxes, Singapore also has no capital-gains tax, no tax on bank interest and no dividends tax.
WSJ: Asia Is a Draw as U.S. Weighs Higher Taxes