…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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Cuba Opens The Emigration Pressure Valve Again
…combined with Cuba’s new opening, could lead Cubans seeking to settle in the United States to first leave Cuba by obtaining entry visas to other countries, and then later trying…
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Where Are The Missing Holiday Travelers?
…graduated. Many have gone on to set up their own households, but some of them returned to their parents’ homes – and stayed there. A report from the Pew Research…
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Movies And Lamb Chops
…the results can be even more ludicrous. The Wall Street Journal reported that the European legislature has demanded that 30% of Netflix content come from Europe. Netflix might well have…
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Responsible Flying For Holiday Gifts
…rules isn’t just a matter of common sense or good citizenship. The airspace above everybody’s head is common property, regulated by the government for the welfare and safety of everyone….
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Shoplifting In The South China Sea
…China’s neighbors will be pretty much on their own to counter Beijing’s aggressive maritime claims. Our red line will be freedom of commercial and military traffic to pass through the…
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Green Card Scandal In The Green Mountains
…regional center remains open, and projects unconnected to the case have not been affected. Nothing can offer complete protection from a developer who commits fraud. After all, a fraudster may…
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Student Debt Is A Drag, Not A Bubble
…have outpaced inflation. But some observers have started to compare student loan debt to mortgages not only in size, but in suggesting that the so-called student loan bubble will pop…
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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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