‘No tax on tips’ is a really bad idea. Though I have been meaning to write on this topic since it was first proposed by Donald Trump in June of 2024, time… The good news is, a group called the Economic Policy Institute (EPI) recently issued a report on this proposed policy that neatly organizes a lot of my argument. Nevertheless, I have additional vilification to pile on.
[Continue reading] about No Tax on Tips Is a Really Dumb IdeaLeon Cooperman, Minimize Your Regrets
I have always appreciated the straightforward questioning and curmudgeonly manner of Leon Cooperman in the handful of times that I have encountered him at investment meetings over the years. I have also admired the story of his humble beginnings, and … [Continue reading] about Leon Cooperman, Minimize Your Regrets
Larry Fink And His Annual Wet Noodle
Ughh, an Editor's nightmare just transpired when in checking the SEO for this story I googled "Larry Fink Wet Noodle" and landed on a similar title by Gretchen Morgenson in The New York Times from 2016. Worse, not only did I use the same metaphor in … [Continue reading] about Larry Fink And His Annual Wet Noodle
Leon Black & Jeffrey Epstein: Sordid Maybe, Tax Evasion Might Be Real Story
Leon Black has had an extraordinary career on Wall Street. After graduating from Dartmouth and getting his MBA at Harvard, he spent 14 years at the uber firm of the 1980's Drexel Burnham, where he ascended to head the formidable M&A department … [Continue reading] about Leon Black & Jeffrey Epstein: Sordid Maybe, Tax Evasion Might Be Real Story
Trump To Form SPAC Day One After Leaving Office
That ain't workin', that's the way you do it; Money for nothin' and your chicks for free The headline above were it to actually occur would not surprise me one iota. What better way to monetize your avid following than forming a SPAC? What … [Continue reading] about Trump To Form SPAC Day One After Leaving Office