Posts Tagged ‘fiscal policy’

Sheldon Adelson Should Bet Even More on the GOP

Sheldon Adelson Should Bet Even More on the GOP

By The Banker | Blog Posts

Two things you can count on with a casino entrepreneur like Sheldon Adelson: he knows the odds better than you do, and the house always wins. In a recent Wall Street Journal interview, Sands Casino owner Adelson shares his left-of-center political beliefs, including support for abortion rights and stem-cell research, the DREAM act, and socialized [&hellip

Tax Update - An EVEN BETTER WAY To Get Your First $10 Million

Tax Update – An EVEN BETTER WAY To Get Your First $10 Million

By The Banker | Blog Posts

Earlier this week I posted about how the tax code incentivizes you toward the old-fashioned way to make your first $5 million: Inherit it. That’s because, at least until December 31st, the first $5 million you receive through estate inheritance comes to you tax free. I was trying to point out that there’s no better [&hellip

SHHHHHH...Please Don't Talk About My Tax Loophole

SHHHHHH…Please Don’t Talk About My Tax Loophole

By The Banker | Blog Posts

I wrote last week that one of the great lessons of the recent Presidential campaign, for me, is how little we as a country understand income tax policy. Since we’re about to engage in a crash course in fiscal policy[1] it’s worth focusing on the loophole of carried interest. Both Presidential candidates referred in the [&hellip