Tag archive

taxes

Economics

Tax Myth: Why Companies Will Not Repatriate Overseas Cash

As with seemingly every election cycle, tax reform is a hot topic, as though a carrot that dangles in front of the horse. Whether you’re in favor of larger or smaller taxes, its a discussion that is important to have. The goal of this preliminary tax discussion is to separate the narrative from the reality. With President Trump’s election there has been discussion of getting rid of the interest tax deduction for mortgages, as well as the border adjusted tax. Both of these would be a tax on consumption which would negatively affect the consumer. However, despite the rhetoric, the key… Keep Reading

Economics/Politics

The Authors Of Prosperity

Amid a torrent of rumors surrounding the allegedly chaotic Trump transition, there have been some glimmers of hope emerging from the fledgling ascendance of the Manhattanite billionaire to the halls of power in Washington, DC. Vice President-elect, Mike Pence, has taken the reins of the transition process and his first order of business was to fire all lobbyists from the team, a promising sign that Trump plans to make good on his campaign pledge to “drain the swamp.” Coming on the heels of this welcome news is the report that the president-elect will order a ban on all lobbying activities… Keep Reading

Economics/Politics

A Letter To The Government

Dear Government, As tax season comes to a close, the existing arrangement between you and I has recently been at the forefront of my mind. Looking back over my year’s W2’s, and contemplating the amount of money you’ve taken from me, I couldn’t help but write to express my displeasure with our situation and to insist upon an alternative. The current arrangement is such that you receive somewhere in the neighborhood of 35-40% of all my income. The services, and the quality thereof, which are provided in return are not adequate to meet my value demands based upon what I… Keep Reading

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