On Sat, 10 Dec 1994, Doug Henwood wrote:
> .. 2) by the Calgary-based business writer George Koch, called "Canada's
> Newt: How Alberta's premier aims to cut government spending." It
> celebrates the budget cutting led by Ralph Klein, who is prortrayed in an
> accompanying cartoon as holding
Treacy: The Fed to my knowledge pays no taxes but contributes part of its
profits to the Treasury. This subject was one that was near and dear
to Congressman Wright Patman of Texas. He used to be concerned with
the fact that the Fed was not subject to Congressional oversig
Accordin to table 3.2 of the NIPAs, the Fed paid $16.0 billion to the
US government in 1993, out of a total of $143.0 billion in corporate
profit tax accruals (the Fed included).
Doug
Doug Henwood [[EMAIL PROTECTED]]
Left Business Observer
212-874-4020 (voice)
212-874-3137 (fax)
On Sat, 10 D
Sorry. Forgot to include the figs for earlier years, to show the trend
over time.
federal corporate profit taxes - total, and Federal Reserve share
Fed corp prof tax
1960 0.921.4
1965 1.328.9
1970 3.530.6
1975 5.4
It is not for nothing that Alberta is (fondly :-)) known in ROC
as "Texas North".
Paul Phillips
The following is an up-date and further information on the Narmada Dam project
in India. If you would like to place your name on the letter/petition at the
end of this message please reply to
[EMAIL PROTECTED]
and he will add it to the India Alert! list of names.
Also, feel free to post thi
bhopal, dec 10 (PTI)-- noted enviornmentalist medha patkar, who is on a
hunger strike demanding stoppage of work on the dollar five-billion
multipurpose project over river narmada, was arrested early saturday and
hospitalised for administration of i.V. Fluids.
Patkar, who is head of the nar
On Sat, 10 Dec 1994 22:08:15 -0800 Michael Perelman said:
>Does anybody know off hand how much the Fed pays in taxes and what share
>it is of the total corporrate tax contributions? How has the share increased
>over time?
>
>I remember that it was a relatively high percentage.
>--
According to th
The fed earns an emormous amout of $ from the interest it earns on U.S.
gov't securities.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 916-898-5321
E-Mail [EMAIL PROTECTED]
I was trying to summarise Barry Levitt's comments on the
Western Hemsiphere FTA for the purposes of a reply, but
decded I couldn't really do it fairly, so those interested
will have to refer back to his post.
In conrast to Barry, however I think that the POTENTIAL
effects from a WHFTA
It seems to me that WHFTA is half of the U.S. response to its declining
economic hegemony: open up cheap labour and resource rich countries for
U.S. companies by reducing tariffs and, probably more important, getting
investment laws in place which protect those companies. At the same time,
tr
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