Archive for the ‘Taxes’ Category

Amarillo by Mornin' - A Stadium Building Story

Amarillo by Mornin’ – A Stadium Building Story

By The Banker | Blog Posts, Taxes, Texas

On February 1st, the City of Amarillo, TX broke ground on their brand new downtown $45.5 million publically-funded baseball stadium, the future 2019 home of the AA-level minor league Missions baseball team, a team currently based in San Antonio. As I wrote about last week, I dislike these public-money stadium deals, for two reasons. First, […]

The Business Side of MJ Legalization

The Business Side of MJ Legalization

By The Banker | Blog Posts, Taxes, Texas

January 2018 brought some strong, but mixed, messages to the marijuana-producing business community. Despite those contradictory signs, pot will be legal in Texas much sooner that we expect. Maybe not in 2 years, and possibly not in 4 years. But if it’s not totally legal for recreational adult use in 10 years I’ll eat my […]

Book Review: The Color Of Money

Book Review: The Color Of Money

By The Banker | Book Reviews, Inequality, Taxes

I think of myself as pretty informed about financial history in the United States, but Mehrsa Baradaran’s The Color of Money: Black Banks and the Racial Wealth Gap covers a whole area of history about which I knew very little. In a narrow sense Baradaran’s book is about the history of black-owned and black-customer-oriented banks. […]

Where Are The Fiscal Conservatives On War Costs?

Where Are The Fiscal Conservatives On War Costs?

By The Banker | Blog Posts, How Not To Invest, Taxes, Texas

Where is the fiscal conservative voice to cut federal defense spending? I’m on the fiscal conservative team. By that, I mean that I believe responsible government expenditure includes a plan for paying government obligations. Sometimes that means cutting spending. Sometimes that means raising taxes. If you’re a fiscal conservative in Congress and you voted this […]

The Huge Unknowns Of GOP Tax Reform

The Huge Unknowns Of GOP Tax Reform

By The Banker | Blog Posts, Personal Finance, Taxes, Texas, Wall Street

We know a lot less about the recently proposed federal tax reform than we think we know. We don’t know what major income tax deductions will stay or go in the final bill. Nobody does, because it’s a highly contested political process right now. Most importantly, we don’t know what effect, if any, lower taxes […]