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
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
Desperate Times Call for Desperate Measures
Summary: We’re taking a look at some very real, and sometimes weird, taxes that different governments have used, in the past and around the world,
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
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
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,
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
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
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
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
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
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