Tax Code Should be ‘Tossed Out,’ Expert Tells Senators
At a tax reform hearing, suggestions ranged from raising standard deductions to scrapping the whole tax code and starting from scratch.
New Hire Roundup: Senate Confirms Social Security Advisory Board Members
Meanwhile, Mike DiCenso joined Mesirow Financial as managing director and head of national sales in its investment strategies division.
New Hire Roundup: Janus Capital Adds Scholes, Alankar
Also in new hires, the SEC announced that Thomas Krysa has been named associate regional director for enforcement in its Denver office.
Senate Finance to Vote on New Social Security Advisory Board Members
Committee will hold Wednesday open executive session to vote on new members Aaron, Chen and Cohen.
Using a Country's Level of Economic Freedom as Investing Benchmark: Advisor David Marotta
David Marotta of Marotta Wealth Management credits a lack of U.S. bias and a focus on “economic freedom” as keys to his foreign investing strategies.
Reinhart and Rogoff Rebuke Romney Economic Advisers
Reinhart and Rogoff, economic historians famous for their book, "This Time Is Different," criticized economists advising the Romney campaign who misused their findings from their book on the recent economic recovery.
Americans Still Blame Bush for Bad Economy
A new Gallup poll shows Americans still blame George W. Bush for the nation’s ailing economy more than President Obama. Meanwhile, conservative and liberal economists debate.
Wanna Beat the Market by 6.6%? Join Congress
A new study published this year finds a 6.6% annual market-beating advantage for members of the House between 1985 and 2001. Rep. Nancy Pelosi scored a 203% multimillion-dollar return on an IPO at a time when ordinary investors lost 15%...
Like Rome, Is U.S. Doomed to Decline?
Historian and farmer Victor Davis Hanson told the gathering at the Retirement Income Industry Association annual meeting in Boston that the long-term future of the U.S. is as hopeful as its present is dismal.