Become a Patron! This post gets pretty deep in the weeds, but it's an issue that was brought to my attention by someone who works on family and medical leave policy and I was shocked to discover that it may disqualify certain employers from claiming the temporary paid family and medical leave credit included in the CPA Full Employment Act of 2017. I've written at length … [Read more...] about How the Republican tax heist surgically targeted businesses in progressive states
Archives for August 2019
Are there 529 plans so bad they aren’t worth their state’s income tax benefits?
Become a Patron! A lot of financial planning and advice can start to seem pretty routine over time: maximize contributions to tax-advantaged savings vehicles, invest in a basket of diversified, low-cost assets, and periodically (but not too often!) rebalance. I'm always interested in identifying places where that kind of routine advice breaks down, and the other day, I … [Read more...] about Are there 529 plans so bad they aren’t worth their state’s income tax benefits?
Why workers should fight for entrepreneurs and entrepreneurship, too
Become a Patron! Even though this blog is committed to promoting entrepreneurship, I often say I don't think everyone should become an entrepreneur, for the fundamental reason that not everyone wants to become an entrepreneur. Plenty of people want to go to work, do their job as well as they can (or as badly as they can get away with), and get paid a predictable amount on a … [Read more...] about Why workers should fight for entrepreneurs and entrepreneurship, too
The wealthy Illinois degenerates were good and right for getting their kids a free education
Become a Patron! Last week, the nonprofit journalism enterprise ProPublica wrote a breathless expose about a number of wealthy Illinois families, and their law firm collaborator, who were able to secure generous financial aid awards for their children to attend certain Illinois public universities. The article served as a brilliant kind of Rorschach test for how readers … [Read more...] about The wealthy Illinois degenerates were good and right for getting their kids a free education
The Fidelity “dead accounts” study is fake, not wrong
Become a Patron! I've noticed an interesting phenomenon, which I call "common knowledge about common knowledge" (doesn't exactly roll off the tongue, I know). It's when some piece of conventional wisdom becomes so banal that someone decides to refute it, and then the refutation becomes as widely known as the original factoid, if not more so. To give an easy example, … [Read more...] about The Fidelity “dead accounts” study is fake, not wrong