⚡IMPACT LEVEL 3 — NOTEWORTHY
Epstein File EFTA01070576: Charles, Payroll and Yellen (DS9)
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A brief mention of Janet Yellen's reference to the 'Portfolio Rebalancing Channel' in Federal Reserve policy discussions.
👤 Named in This Document
🔑 Evidence Keywords
📋 Key Excerpts5
PersonKeyword
Excerpt 1
Fed officials like **Janet** **Yellen** refer to this latter phenomenon as the "Portfolio Rebalancing
Channel", and it is, amazingly, the centerpiece of their
Excerpt 2
The current tax system is friendly to the Rentiers; at their income level, after standard
deductions, available child tax credits and the **payroll** tax holiday
Excerpt 3
, Percent
1400
25%
Effective income tax
rate (federal + state)
1350
20%
**Payroll** tax rate
1300
Bernanke's
1250
Jackson Hole
15%
1200
speech on QE2
10%
1150
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