The air is just different owning business equity rather than earning a fixed income with a salary.  Can you smell it? I left Goldman in 2004 and have been downwardly mobile, career-wise, ever since.  I’ve also never been happier. I’ve written before that one of the keys to feeling and being wealthy is do something

The Center for American Progress (CAP) recently published a summary description of their proposals for addressing tax and spending policy, in the light of the ‘Fiscal Cliff,’ Simpson-Bowles, and the ongoing flustercluck of fiscal policy negotiations going on before January 1, 2013. Their summary report is as good as anything I’ve seen yet in terms

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