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The Bottom Line Blog

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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Unintended Consequences

Summary: Tinkering with the tax code is a grubby, partisan exercise in raw political power. Writing tax law is a wonderfully sadomasochistic interplay between pain and

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Something to Celebrate?

Summary: Today’s move towards taxing recreational marijuana represents a profound cultural shift. Forty years ago, former First Lady Nancy Reagan told schoolchildren to “just say

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Penny for your thought

Summary: We don’t care how you pay your taxes; we just want to help you pay less! Whether it’s pocket-change or Bitcoin, there are many

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