Andy Friedman: Why Tax Reform’s Not Happening Anytime Soon
The Washington Update's Andy Friedman explains the principles and high political hurdles to comprehensive tax reform, last achieved in 1986 under President Reagan.
Chinese Communists More Market-Friendly Than U.S.: George Gilder
I sat down with the free-market conservative Gilder to discuss why his views appear to be “out of favor,” to put it in investment-speak.
Social Security Payback Still a Good Option for Early Collectors
Early collectors who change their minds can return their benefits within one year and reap the rewards of waiting later on.
Why Advisors Should Watch Obama’s State of the Union Speech
For one thing, your clients (and prospects) may be watching. For another, it's important to understand how the truth gets twisted in Washington.
PIMCO’s Gross Calls for Tax Hike on Rich, Laments 1% ‘Scrooges’
Reading almost like an Occupy Wall Street manifesto, bond billionaire Bill Gross’ latest outlook says it’s time to end lower taxes on capital than labor.
Taxes and the States: Which Take the Biggest Bites?
Governments are always looking to tax, and in these states, you can expect to find steep taxes on wireless services, lottery winnings, property and more.
U.S. Fiscal Policy and the Debt Ceiling: A Troubling Scenario
Raising the debt ceiling is neither inherently good nor bad, but in a slow-growth economy, can we continue to service our growing debt?
President Romney’s Cabinet: Who Would He Choose?
If Gov. Romney wins the election, his Cabinet will take a very different direction on economic policy than Obama’s. Here are some of the choices to head those key posts.
Da Bulls and Da Bears: The See-Saw Market and Prospects for QEIII
Following a good week in the markets, what's next? A look at prospects for more quantitative easing, and why it would only be a stopgap measure.
Finding the Culprits of the Crisis
Derivatives expert Janet Tavakoli takes a hard look at what — and who — caused the financial crisis.