 The Wild Wild World of Wealth |  |
For the first time since 1916, there is no federal estate tax. As a result of tax cuts enacted under President George W. Bush, the federal estate tax disappeared on January 1 of this year. So what’s next?
Click to read more and get groundbreaking commentary from Hollywood on this tax issue.
At SEC, a Scholar Who Saw it Coming I’ve been tough on the SEC. Talked about their incompetence. Blogged (or is it blahhed?) about their failure to catch Bernie Madoff, even after Harry Markopolis served him up. Now, I’m thinking the commission has turned the corner. That the SEC, under the leadership of Mary Schapiro, [...]
I just saw Lake Superior State University’s (“LSSU”) 35th annual list of words or expressions that should be banned. The committee attacks slang sweeping through our culture like “tweeting,” “sexting,” or the ever popular “chillaxin,” which is a cross between “chillin” and “relaxin.”
http://www.huffingtonpost.com/arianna-huffington/move-your-money-a-new-yea_b_406022.html
One of my New Year’s resolutions is to examine what money buys in the world of high finance—legitimate or otherwise. At the hedge fund named Galleon, $5,000 bought the right to tase an employee.
The 30 percent reward encourages advisers to turn in their clients. This incentive may promote public policy. But I really don’t understand why lawyers…sit in the front of the bus.
| | |
© 2012 Acrimoney. All rights reserved. Norb Vonnegut's Author Site
"The Gods of Greenwich is a pure delight, racing relentlessly from the bedrooms of Manhattan to the boardrooms of Connecticut to the banks of Iceland. Bravo!”