Blog August 4, 2021

Desperate Times Call for Desperate Measures (Part II)

Last week, we talked about one of Uncle Sam’s priciest problems. Specifically, the current lineup of taxes on income, payrolls, corporations, gifts, estates, imports, and gas and alcohol sales isn’t getting the job done. We’re collecting almost $12 billion/day, and we’re still $29 trillion in the hole! Clearly, we need some creative thinking. So why […]

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Blog July 28, 2021

Desperate Times Call for Desperate Measures

In 1986, President Ronald Reagan quipped that the government’s view of the economy could be summed up in a few short phrases, including, “If it moves, tax it.” Well, Uncle Sam is already chasing income, payrolls, corporations, gifts, estates, imports, and gasoline and alcohol sales. Yet we’re still almost $29 trillion in the hole. So […]

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Blog July 21, 2021

Help Wanted

Fifteen months of COVID-19 have changed the face of employment here in America. The pandemic wiped out 20 million jobs, yet employers are struggling to hire while employees reevaluate their post-pandemic plans. Can you spin your old position into a work-from-home opportunity? Should you take advantage of soaring housing prices to make a killing and […]

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Blog July 14, 2021

Overstuffed

Back in 1997, Delaware Senator Bill Roth sponsored a new kind of retirement savings account with a back-end benefit. In contrast to traditional IRAs, which let you deduct your contributions and defer tax until you pull money out, the Roth IRA lets you contribute after-tax dollars in exchange for tax-free withdrawals. Roth designed his new […]

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Blog July 8, 2021

Where Angels Fear to Tread

Writing a funny tax column every week, and keeping it as consistently brilliant as we do, is actually harder than it looks. (Less glamorous, too.) Sometimes there just isn’t an obviously fun story to cover. What do we write about in a week with no criminals cheating, celebrities misbehaving, or holidays we can skewer? If […]

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Blog June 30, 2021

Pure Imagination

Fifty years ago on June 30, Paramount Pictures released an enchanting spun-sugar delight of a movie that remains a classic.  Willie Wonka and the Chocolate Factory  features Gene Wilder as the reclusive confectioner who hides five Golden Tickets in his candy bars and promises the finders a tour of his mysterious factory and a lifetime supply of […]

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