Gift Tax
Dividend Stripping
2nd stimulus check
Wealth redistribution
Purchasing Power Parity
Monetary Policy
Primary-Total Deficit
Inflation
Income Disparity
Gross Domestic Product
Description According to economics, a gift tax is a graduated tax, taxed to a donor by the federal and most state governments; property is gifted from one citizen to another. It is simply a tax on the right to hand down property...
Overview Dividend stripping is the process of buying shares just before a dividend is paid and selling off the shares in question after the payment when the shares go back to normal (ex-dividend). Dividend stripping is done...
Debated by some, contested by others and highly anticipated by most, the second stimulus plan has been set in motion, which means that the majority of Americans can expect to receive a check for a maximum $400 federal tax...
Over half a century ago, one man wrote that “all men (in this case human beings) are equal, but some are more equal than others”. Some individuals are allowed to amass great wealth, others take comfort in unevenness and...
Purchasing Power Parity It is a theory that tends to estimate the ratio and extend of adjustment to be done on the exchange rate among countries so that the exchange can be equal to each country’s currency purchasing power....
Monetary policy is the actions of the government, a monetary authority, currency board or the central bank of a country to establish the size and rate of development of the money supply which, as a result, affects the interest...
Overview Primary, total or simply ‘deficit’ means interest payments less budget deficit of a country in a given period of time. It is the difference between the current net government spending and the sum value of the...
Definition of Inflation Inflation can be viewed from different perspectives. Inflation is simply the state of being inflated or the act of inflating. It can be described as the rise in the general level of the prices of goods...
Overview Income disparity can also be referred to as wage gap. It describes the irregularities and unfairness in the processes of wealth and income distribution among social-economic classes within a given society. Income...
General Definition The GDP or GDI, acronym for Gross Domestic Product and Gross Domestic Income respectively is the measure of a nationwide income and production or output in a given nation’s economy. It is simply the...


