Archive for the ‘Taxes’ Category

Death and Taxes and Fairness

Death and Taxes and Fairness

By The Banker | Blog Posts, Inequality, Personal Finance, Taxes, Texas

A version of this post appeared in the San Antonio Express News. I recently wrote about the unfairness of ‘carried interest’ tax breaks targeted to hedge fund and private equity owners. In fact, I’ve covered the topic before as well. Some readers became angry about my view of this tax break and took umbrage at [&hellip

Taxes Rant: Carried Interest Edition

Taxes Rant: Carried Interest Edition

By The Banker | Blog Posts, Taxes, Texas

Note: A version of this post appeared in the San Antonio Express News. Dear Money: I miss you so, so much. I recently mailed off – with deep feelings of loss – two of my biggest checks of the year: one for real estate taxes to the county where I live and the other to [&hellip

529 Accounts and Tax Fairness

529 Accounts and Tax Fairness

By The Banker | Blog Posts, Inequality, Investing, Personal Finance, Taxes

President Obama recently announced a series of tax changes he will propose or at least politically push for in the coming year. Since the US Congress constitutionally controls the power of taxation, and Congress likes Obama as much as I like Pete Carroll’s Seahawks, I understand that Obama’s priorities may not come to pass any [&hellip

The New Yorker on Housing and Mortgage Subsidies

The New Yorker on Housing and Mortgage Subsidies

By The Banker | Blog Posts, Inequality, Personal Finance, Taxes

I can’t say there’s anything particularly new in James Surowieki’s New Yorker article on the various ways we subsidize home ownership vs. renting, but taken as a whole he provides a great starting primer and review of the arguments. I mean, don’t get me wrong, home ownership is awesome for some – even for many [&hellip

Worst San Antonio Financial Idea of 2015: Bringing Raiders to Town

Worst San Antonio Financial Idea of 2015: Bringing Raiders to Town

By The Banker | Blog Posts, Taxes, Texas

A version of this post appeared in the San Antonio Express News Are you ready for my first nomination for San Antonio’s Worst Financial Idea of 2015 Award? “What? So soon,” you say? “We just started the year!” Yes, but I’ve resolved against procrastinating in the New Year, and this idea clearly needs highlighting. Are [&hellip