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Heiress to the morton salt fortune. when she came out in 1929 exception prohibition, it became acceptable for women to take that position. she went on the road, would speak to the junior leaguers. it made a huge difference. the story of prohibition is also a great story of the great depression and depression era economics. give me some sense of the size of the black market that prohibition created. i mean, the government and everybody is totally broke. how much is al capone s organization making? the total was $3.6 billion is the best estimate of what was going into the illegal black market of booze at any time during the 1920s, which was slightly more than the entire federal budget at the time. and it was all untaxed. it was a wonderful business to be in if you were capone. capone was just a kid, 25 years old when he took over chicago. he was gone by the time he was 30 but he did damn well while he was there. just to reiterate, the black market, the dollar value of the black marke ....
Story of michael brown became a touchstone is because the local community in ferguson after that i killing reacted with so much vee hee mens, that was what turned that case into such a huge point of national conversation and national anger. the eric garner case has not like that before now. and it s an important distinction to make. what happened in the eric garner case was this. july 17 eric garner was approached by police near the staten island ferry terminal reportedly they approached him because he was illegally selling untaxed, individual cigarettes. you don t want the buy a whole pack, this guy on the street will sell you a cigarette for 50 cents. technically, yes, it is a crime. it is not the world s worst crime. while plainclothes police officers were trying to arrest him, one officer grabbed him by ....
Of the viewers get a paycheck from which the government takes the taxes out before we get our money. and if you re a single person making a bit over $60,000, you re paying 15% of your income to the federal government. but romney set up these deals where he was allowed to get compensation, not investments, compensation for managing other people s investments and be paid with what is called carried interest. well, he doesn t pay any taxes on that until he cashes out. he ll pay taxes on a dividend or other things that flow out of it. but imagine if you could for five or ten or 20 years have wealth in your bank account or your offshore account and all you had to do was pay this low 15% rate on the dividends that flows from that and your wealth is untaxed. we don t know how much of his wealth is untaxed and we won t unless we get his tax returns all the way back to 1984. and you can watch the ed show at 8:00 eastern only on ....