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The Bottom Line Blog

Injury, Meet Insult

Summary: Mutual funds have an expensive Achilles heel for investors who don’t feel like sharing their gains with Uncle Sam. A recent lawsuit shines a

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A Little Goes a Long Way

Summary: 401(k)s and similar qualified retirement plans let you deduct your contributions, which lets you invest more. If your employer matches part of your contribution,

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Membership Has Its Privileges

Summary: The Wall Street Journal reports that last July, a whistleblower filed a complaint charging the company “knowingly persuaded business owners to underreport their income and taxes.”

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Unaffordable at Any Speed

Summary: The average price of a new car climbed $3,301 in 2020 and $6,220 in 2021. Even used car prices, which typically rise about 1% per

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Nice Work If You Can Get It

Summary: Washington struggles to find new ways to pay for our own empire. Lawmakers have looked at taxing carbon outputs, taxing wealth, and even taxing increases in

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As Time Goes By

Summary: As part of their 2023 budget, Congress floated a “hybrid” tax on increases in wealth. Specifically, they proposed going all Will Smith on households worth $100

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Lights, Camera, Action!

Summary: This weekend, Hollywood’s elite gathered to do what they do best: celebrate themselves at the Oscars. There’s one unsung group, though, that still isn’t getting

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From Russia With Love

Summary: It shouldn’t surprise you to learn how big a role the IRS is going to play in chasing Putin’s cronies. The IRS Criminal Investigations

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Fill ‘er Up!

Summary: Gas tax defenders agree that giving up the tax would make great politics. But they point out it would benefit those who drive the

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Cascading Consequences

Summary: Even in the midst of war, Ukrainian officials have offered citizens a break – on taxes, of all things. Ukraine’s National Agency on Corruption

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No Good Deed

Summary:  Most Americans consider it a sacrifice to go an hour without their iPhone. And, of course, we grumble when it comes to the civic

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