Posts Tagged ‘tax reform’

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. […]

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 […]

The GOP Tax Reform's True Target

The GOP Tax Reform’s True Target

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

Taxes form the backbone of the relationship between government and the governed, revealing most starkly what we value as a society. Spoiler alert: We value business owners and investors. The most dramatic proposal to emerge from “The Unified Framework For Fixing Our Broken Tax Code”  announced last Wednesday from GOP leadership in Congress and President […]