…battleground in the fight to give taxpayers a say over what they pay. My friends are all for such democracy when it comes to shareholders in private companies. It puzzles…
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Did McClendon Die Over A ‘Club Deal’?
…against the law for companies to form joint ventures, even with competitors. Energy drilling is a field in which joint ventures have been common for decades. Oil wells can be…
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Beating Down An IRS Overreach
…Treasury Secretary Steven Mnuchin and his deputies are now sporting some professional shiners. Congress recently “clarified” that the tax-free forgiveness of Paycheck Protection Program loans that it authorized back in…
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A False Choice Between Communism And Corruption
…massive corruption, as experienced in post-Soviet Russia, and a so-called hybrid system, in which a communist party continues to rule the country while allowing commercial enterprises to exist and, to…
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Is A Korean Endgame In Sight?
…as well as with Kim il-Sung, the founder of the communist North Korean state. Modern China is communist in name only. It is focused on gaining wealth and power, and…
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Death Taxes Are Probably Living On Borrowed Time
…an estate. We’ll ignore tax-free charitable bequests and tax-deductible estate expenses. And we’ll ignore state death taxes too, because only a handful of states still have them. First let’s suppose…
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Private Equity For All
…have an initial public offering, a company must comply with various disclosure and transparency requirements. Private companies do not have to meet these same guidelines, which is why their shares…
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Boycotting The Boycotters
…is no, it can’t. The First Amendment could not possibly be clearer when it comes to forbidding the “establishment” of a government-favored religion, or prohibiting “the free exercise thereof.” We…
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For Same-Sex Couples, Love Ain’t Cheap
They say the best things in life are free. Being with a partner you love is certainly one of the best things in life, but, if you happen to be…
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Waiting For The Dead To Step Forward
As a rule, dead folks are not very diligent about exercising their rights. Some life insurance companies have profited from this tendency for a long time, but their free ride…
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