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Saudis Intercept Ballistic Missile Over Capital Riyadh

Just hours after the previously reported unexpected, and shocking resignation of Lebanon's pro-Saudi prime minister Saad al-Hariri, Saudi defense forces said they had intercepted a ballistic missile over the capital Riyadh, which was fired from Yemen. According to Yemen's Houthi-controlled Defense Ministry, the Yemeni Air Force targeted King Khalid International Airport in the Saudi capital of Riyadh on Saturday with a ballistic missile.

"Bubble Tax": The GOP's Hidden 46% Tax Bracket

"Bubble Tax": The GOP's Hidden 46% Tax Bracket

Authored by Danny Vinik via TheAgenda,

If you’re rich enough, some of your income is taxed at a rate unseen since the ‘80s.

House Republicans claim the tax plan they introduced Thursday keeps the top individual rate unchanged at 39.6 percent - the level at which it’s been capped for much of the past quarter-century. But a little-noticed provision effectively creates a new band in which income is taxed at over 45 percent.

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