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The Bottom Line Blog

Olympic Gold

Summary: The much-anticipated 2020 Tokyo Olympics have come and gone. In the end, Team USA brought home the most medals with 113. So, what do the sports

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Infrastructure Week

Summary: Congress just passed a pass a trillion-dollar infrastructure package with a remarkably bipartisan 69 votes. Everyone wants roads, bridges, railroads, and ports, the problem

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Help Wanted

Summary: McCormick & Company — makers of Cholula, French’s, Lawry’s, Old Bay, and Zatarain’s — announced they’re hiring for the coolest job ever: Director of

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Overstuffed

Summary: In contrast to traditional IRAs, which let you deduct your contributions and defer tax until you pull money out, the Roth IRA lets you

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Where Angels Fear to Tread

Summary: Law professor Daniel Hemel writes that “if the facts alleged in yesterday’s indictment are true, the Trump Organization and its longtime chief financial officer,

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Pure Imagination

Summary: Willie Wonka and the Chocolate Factory features Gene Wilder as the genius confectioner. Sadly, Wonka’s genius doesn’t translate to tax planning. If Wonka gives the factory to

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Liquid Assets

Summary: The U.S. Superyacht Association says that a 180-foot yacht costs about $4.75 million/year to operate, including $1.4 million for crew salaries, $1 million for

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EAT THE RICH

Summary: How hard should government work to combat inequality? People can and do argue in good faith from “not at all” to “lots harder than we are

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And Baby Makes Five

Summary: The USDA estimates that the average “affluent” family spends $372,210 to raise a child from birth to age 17. That’s before college, grad school, and maybe

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Rope, Shoot, Fry, Tax

Summary: You may be wondering how taxes can make such a big difference between states. Did you know, for middle-class earners, taxes are actually higher in Texas. How

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Free Advice

Summary: What happens when co-conspirators get greedy for their share of a score? It doesn’t end well. There’s gotta be a moral here. Lie down with

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