Corb7 Blog

From time to time, we like to bring to your attention articles related to business that you may have missed – not headline news – frequently, they are items buried in the back pages. These are either articles which have been forward to us from our readership or items which we have personally come across. In any case, we find them noteworthy.

This edition is highlighted by a recent report in Forbes that the IMF has floated an outrageous trail balloon.  A one time tax on the world’s wealthy – essentially a one-off placed into effect before it can be avoided – is being suggested by the IMF.  Most have found this shocking.

The International Monetary Fund Calls for Wealth Confiscation – Forbes

The International Monetary Fund dropped a bomb in its October Fiscal Report.  Titled “Taxing Times,” the report paints a dire picture for advanced economies with high debts. It goes on to build a case for drastic measures and recommends a series of escalating income and consumption tax increase culminating in the direct confiscation of assets.

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CrowdFunding and New Rules Proposed by SEC

CrowdFunding has become a reality, the question is whether it will thrive or become mostly a vehicle for fraud. Last week the SEC released a 568 page report of proposed rules to govern.

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The Latest Health Fad:  IV Vitamin Drips

The theory is that taking in a megadose of vitamins through your veins improves energy, mood, and immunity almost instantly. The problem is there’s no real evidence that vitamins from IVs, pills, or anything other than food do your health any good. Any positive effects you do see are purely placebo.

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Brits to Allow 95% Mortgages

A controversial plan allowing people across the UK to take out 95% mortgages has been launched three months earlier than planned.

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