Mr. Gold Has a Small Solution for a Big Tax Problem

Even using loupes we see no flaws in Jim Sinclair’s Tax Reform Plan…

Posted from JS Mineset

You want to simplify taxes and make the filing the size of a post card? That’s simple. A flat tax for everyone, for all payers.

 

 

im Sinclair’s Commentary

Mr. Williams of ShadowStats again shares with us:

– Unemployment Remained Well Shy of Common Experience; U.3 at 4.3% in 2017 Is Not the Same as the 4.3% Circumstance in 2001
– July 2017 Unemployment Rates Effectively Were Unchanged: U.3 Eased to 4.35% (4.3497% Rounds to 4.3%) from 4.36% (Rounds to 4.4%), U.6 Eased to 8.57% from 8.59%, and the ShadowStats-Alternate Held at 22.1%
– Annual Payroll Growth Notched Lower to 1.50%, a Level Common at the Onset of Recessions
– Private Jobs Surveying Showed Renewed Collapse in July 2017
– Headline Annual Growth in Inflation-Adjusted, Real Take-Home Pay, Formally Per Capita Real Disposable Income, Revised Sharply Lower
– Real Annual Growth in June 2017 Construction Spending Turned Negative in a Manner Last Seen During the Housing Collapse of 2006
– Shy of Recovering Its Pre-Recession Peak by 23.1% (-23.1%), Real Construction Spending Has Shifted to Down-Trending from Low-Level Stagnation
– Second-Quarter 2017 Real Merchandise Trade Deficit Widened versus First-Quarter; Most-Recent Four Quarters of Real Deficit Were Worst Since 2007

– Money Supply M3 Annual Growth Rose to 3.2% in July from 3.1% in June

“No. 903: Labor Conditions, Construction Spending, Trade Deficit, Money Supply M3 ”