Epstein Secrets

Year Average Yield Weighted Average Treasury Yields (%) 0% . T T T T T T T T T T 1980 1983 1986 1989 1992 1995 1998 2001 2004 2007 2010 KP Source: US Treasury. i USA Inc. | Income Statement Drilldown 165 Effective Interest Rates: If Debt Levels & Interest Rates Rise Dramatically Beyond 2010, Net Interest

s Helped Fuel It, Too, as They Reached For Yield Without Questioning AAA Ratings of A Subprime-Backed Investments Investors picked up 25-35bps over U.S. Treasuries with comparable maturity, typically levered 10:1 and generated 2.5-3.5% yield, meaningful against an 8% annual yield target Illustrative AAA-Rated S

Consider Review Tax Rates Changing MEE Reduce Subsidies / Tax Expenditures*/ eee Broaden Tax Base Note: *Tax subsidies / expenditures are losses to the U.S. Treasury from granting certain deductions, exemptions, or credits (such i as those on mortgage interest payments and employer-sponsored health insurance payme

income taxes are cyclical; 2005 Y/Y growth were significantly Corporate Income Taxes 15 43 2 41 affected by economic recovery post 2001 recession. Social Insurance Taxes 12 5 1 Social insurance taxes & other fees are less cyclical. Social insurance taxes grew Other Taxes & Fees -5 1 1 0 significantly faster than

2001 attacks made prima fade showing of personal jurisdiction over bank chairman in Antiterrorism Act (ATA) action, by al- leging, inter alia, that Department of Treasury designated him as Specially Des- ignated Global Terrorist, and that he was involved in United States operations of designated terrorist organizatio

an administra- tive unit of the Saudi Ministry of Finance, the Public Investment Fund ("PIF"),24 and (3) it is not a citizen of the United States Social Insurance. Fawcett Supp. Aff. at Ex. 2. Late in 2002 the PIF agreed to buy 30% of the remaining shares from the bin Mahfouz family, but Plaintiffs claim the

Liabilities Minus Unfunded Entitlement Liabilities — Assets include cash & investments, taxes receivable, property, plant & equipment (as defined by Department of Treasury). — Liabilities include accounts payable, accrued payroll & benefits, federal debt, federal employee & veteran benefits payable... — Unfunded Entitle

15% 18% 19% 19% 18% 21% 18% 15% 15% Individual Income Taxes $1 $1 $1 $16 $41 $90 $244 $467 $1,004 = $1,146 $915 % of GDP 1% 6% 8% 9% 9% 8% 10% 8% 6% Social Insurance Taxes $2 $4 $15 $45 $158 $380 $653 $900 $891 % of GDP 2% 2% 3% 4% 6% 7% 7% 6% 6% Corporate Income Taxes $1 $1 $10 $21 $33 $65 $94 $207 $304 $138 % o

of September 11, 2001 attacks stated cause of action against bank chairman under Antiterrorism Act (ATA), in that allegations and his designation by Department of Treasury as Specially Des- ignated Global Terrorist were sufficient to HOUSE_OVERSIGHT_017843 --- PAGE BREAK --- IN RE TERRORIST ATTACKS ON SEPTEMBER 11, 2

y an administra- tive unit of the Saudi Ministry of Finance, the Public Investment Fund (““PIF”),”4 and (8) it is not a citizen of the United States Social Insurance. Fawcett Supp. Aff. at Ex. 2. Late in 2002 the PIF agreed to buy 30% of the remaining shares from the bin Mahfouz family, but Plaintiffs claim the pu