The Widening Gap Between the Rich and the Super-Rich
Via the Onion, comes this frickin’ hysterical tv panel discussing the all important question: Are America’s Rich Falling...
A Fix for the Alternative Minimum Tax?
My pal David Kotok of Cumberland Advisors reminds us of the following: An AMT fix (HR 2318)! Thank you to Congressmen Andrews and...
China Triple Whammy
Concerned about rampant speculation, China acted today to let some air out of the rapidly inflating equity bubble: • China will raise...
Zero Sum Game (ZSG)
I was surprised at the reaction to the Zero Sum intro yesterday. I keep forgetting there are lots of bad memes and worse ideas that have...
White House Medicare Accounting Tricks
From this week’s Barron’s, comes the latest bit of fiscal dishonesty from the White House: "THIS SPACE...
Read it here first: NILFs, Women, and the declining Labor Force
In case you missed it, there was a front page NYT story on Women’s decreasing work force participation. We have covered the issue...
The “Merely rich” versus the “Super-rich”
Interesting article by David Wessel in the free section of the WSJ today: Rich Get Richer, But Not as Fast As You Think. Its a follow up...
The Tax-Cut Danger of “borrowing growth” (or,...
"Although conventional estimates of the budgetary effect of tax policies incorporate a variety of behavioral effects, they are,...