Skip to content

Essays, Opinion & Advice Posts

Can the Huge Advantage of Stocks over Bonds, Piled Up between 1946 and 1968, Ever Be Diluted Away?

Jeremy Siegel, in defending his thesis in favor of Stocks for the Long Run, quotes in support the international evidence compiled by Dimson, Marsh & Staunton, in their 2002 book, Triumph of the Optimists. DMS note that every stock market, in every nation, out-performed bonds—over the 100 years of the…

Does the Republican Tax Bill Help Millionaires? Only if They Live in the Right States

Sure, the Senate bill passed December 2nd contains lots of breaks for the wealthy. A new break for millionaire business owners is introduced; the estate tax exemption is doubled; and the cuts awarded to corporations will flow through mostly to wealthy stockholders. Plus, low capital gain rates are preserved; even…

Suburban Voters, the Republican Tax Bill, and Tarantino’s “From Dusk Till Dawn”

In the movie, Quentin Tarantino plays a maniac sex killer, who is also a bank robber, and brother to George Clooney, who plays his usual role as the brainy head thief.  After executing a robbery and kidnapping (and sundry other crimes), the brothers take their money and hostages to a…

Senate Republican Tax Bill: Driving the Stake Deeper & Drawing More Blood

See my earlier post for a definition of the urban affluent class and the description of the four example households, and for an explanation of the shell game metaphor. Today’s post adds an analysis of the Senate Republican bill (JCX-51-2017, November 9th), allowing a comparison of what these families would…