Must Read: Today, the WSJ runs an Op-Ed on President Obama’s tax plans. It is critical for anyone who wants to understand what’s at stake. It explains why cap gains and dividends are taxed at the rates they are due to the double taxation structure. Please read it.

Given the news today that 36 Obama aides owe $833,000 in back taxes, I think we all need to understand the code a little better…

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Still hate Tebow?  read this: http://espn.go.com/espn/story/_/id/7455943/believing-tim-tebow

Here’s an great piece of research on the opaque ECB and questions whether it can survive European sovereign downgrades.

http://www0.gsb.columbia.edu/faculty/dbeim/papers/Can%20the%20Euro%20be%20Saved.pdf

1.   “It’s different this time”, a book by Carmen Reinhart and Kenneth Rogoff.
2. “After the fall”, a paper by Carmen Reinhart and Vincent Reinhart.
3. “Expansionary Austerity:  New International Evidence”, a paper by Jaime Guarjardo, Daniel Leigh and Andrea Pescatori.

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http://online.wsj.com/article/SB10001424052970203806504577178594236642420.html?mod=WSJ_Opinion_LEADTop… …READ MORE