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Flying Friendlier Skies
In 1748, Benjamin Franklin published an essay called “Advice to a Young Tradesman,” where he wrote, “Remember that time is money.” Back then, a trip from Philadelphia to New York could mean four or five days bouncing up and down over muddy dirt roads and three or four...
Action!
When you think of a labor strike, you probably picture a line of blue-collar workers carrying picket signs in front of a coal mine or factory. The Writers Guild of America, which represents 11,500 entertainment writers, hardly fits that mold. Yet the WGA strike, which...
Check Your Speed
Here in these United States, tax policy rests on the notion that tax rates should rise with income, so those who earn more pay a greater share of their income. In 2020, the top 1% of earners took home 22% of all income and paid 42% of all federal income tax. While a...
It May Be Artificial, But Is it Really Intelligence?
Last month, an outfit modestly calling itself “The Future of Life Institute” released an open letter calling for all artificial intelligence labs to pause the development of new AI systems more powerful than OpenAI’s GPT-4, the current gold standard. The group argues...
Halo
Summer is coming, and for music fans across America that means stadium tours. Taylor Swift fans went through several bear attacks to get tickets to her Eras tour shows. Dead & Company launch their last tour starting May 8. And on May 10, Beyonce hits the road for...
Fake It ‘Til You Make It
Here in America, we're world champs at “fake it ‘til you make it.” Just look at Anna Delvey (Inventing Anna), Representative George Santos (if that’s really his name), Elizabeth Holmes (scheduled to report to prison by April 27), or Sam Bankman-Fried (cooling his...
The Art of Tax
April 15 is almost here, and panicky taxpayers across America are begging their tax pros for any help they can get for bills they aren’t ready to pay. “What can I do to pay less?!?” is the plaintive cry going up across the land. TurboTax users are even worse off. Even...
I Won’t Go, Go, Go
When you were young, mom said, “It’s all fun and games until somebody loses an eye.” But now the rules are different. Now it’s all fun and games until somebody winds up in rehab. Drew Barrymore went for booze when she was just thirteen. Ke$ha went for disordered...
Love and Taxes Forever My Heart
In theory, doing your taxes ought to be as easy as picking up a pencil and a calculator. (Remember those?) The Internal Revenue Code gives you 2,600 pages of plain-English instructions. If you’re still not sure, Treasury regulations and revenue rulings give you 6,500...
Quelle Horreur!
Considering how much Americans think about retirement, it’s sometimes hard to realize what a new concept that phase of life really is. It wasn’t too long ago that you worked right up until you died. Or, if you were lucky, you took good care of your kids at the...