Blog July 18, 2018

Here’s to Your Health!

When Congress raises the hood on the tax code, they’re usually working to raise money to pay for government. But sometimes they’re more interested in nudging us to behave in ways they can’t legislate directly. Take the mortgage interest deduction, for example, which “cost” the Treasury $69.7 billion in 2013. That deduction encourages millions of […]

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Blog July 11, 2018

Don’t Cry 4-3, Argentina

Americans love a champion, and every year, sports fans get to see new champions crowned. We’ve got a World Series, a Super Bowl, and NBA finals that drag on for months. We’ve got the Kentucky Derby, the Indianapolis 500, and the Nathan’s Famous National Hot Dog Eating Contest. And every even-numbered year, the Olympics bring […]

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Blog July 4, 2018

Tax Collectors Target “Netflix and Chill”

A generation ago, “serious” filmmakers flocking to Hollywood set their sights on movies, not television. Visionary directors like Martin Scorsese and Francis Ford Coppola redefined their craft with a new generation of challenging, personal films. By contrast, television was a vast wasteland dominated by lightweight comedies like Happy Days and sappy, feel-good dramas like The Waltons. In 1999, […]

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Blog June 27, 2018

Don’t Drink the Kool-Aid

Cryptocurrencies like Bitcoin, Bitcash, and Ethereum rest on a foundation of “blockchain”: a continuously growing public transaction ledger consisting of records called “blocks” that are linked together and secured using cryptography. Blockchain bulls see the new technology revolutionizing all sorts of transactions, like real estate sales and medical records. Skeptics dismiss the whole effort as […]

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Blog June 20, 2018

More Important Than Taxes?!?

Last month, we wrote that New York money manager AllianceBernstein is moving its headquarters and 1,100 employees from a slick black Manhattan skyscraper to the steaming concrete jungles of Nashville, TN. It’s going to be culture shock for the firm’s employees, who have to trade their harsh winters and corned beef sandwiches for milder weather […]

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