Category Archives: Money and risk

Progressive or conservative? No, “payday lender.”

I have been working on a three-part post about the math of “income inequality” which goes online tomorrow and over the next week. I think it takes an important and different tack from other viewpoints. Hint: the newest tax law will only make income inequality worse. I am still banging my head trying to pin the “Tax Cuts and Jobs… Read more »

Here is how you really simplify taxes

      1 Comment on Here is how you really simplify taxes

In an earlier post from January 9, I noted how the most recent change to the U. S. tax code makes compliance more complex, not less, for many taxpayers, and certainly for businesses. In this post, I will lay out some opportunities for truly reducing tax complexity. For the vast majority of ordinary taxpayers, the “quick-hit” route to simplification is obvious…. Read more »

Why your taxes won’t get simpler

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A major part of the public relations sell accompanying the “Tax Cuts and Jobs Act of 2017” was the idea that Americans would be soon be submitting their taxes on a postcard. The mock-up of the postcard was trumpeted by politicians well after it became patently obvious to most tax professionals that this was not going to happen. In this… Read more »