A look through IRS tax data reveals that 2,840 households with annual income in excess of a million dollars collected unemployment benefits, taking in a total of $18.6 million in aid. That’s about $6550 per millionaire household. Among the millionaires who went on the dole, 806 made $2 million or more a year, and 17 Read More
A complete stranglehold over an entire industry just isn’t what it used to be.
After lovable billionaire philanthropist and rapacious capitalist warrior Warren Buffett exited the muni-bond insurance game in 2009, fellow billionaire Wilbur Ross has become the sole major investor in insurance of the $2.8 trillion market for American municipal debt. Holding 16 million Read More