Most Recent Posts
Should Student Loans be Dischargeable in Bankruptcy ?
Until Congress does what is right and the Department of Education has skin in the game for students, the invisible hand will not operate like it does for all other lending systems, and no fix (like gainful employment, for example) will have any meaningful effect. Prices, debt, and defaults will increase to the point where the American public will reject the entire lending system and all it supports. The related social consequences of this are not clear, but it is clear that we don’t need to go there. And as the American Street demonstrates, this is likely something that Congress must do sooner rather than later, and in a non-partisan manner.
Should Student Loans Be Dischargeable In Bankruptcy
Originally Published on forbes.com on December 29th,2011 ______________________________________ One of the most cited grievancesto come out of Occupy Wall Street is the...
New York Likes to Hang on to the 1% as Long as it Can
Originally Published on forbes.com on December 28th, 2011 ______________________________________ One of my biggest problems with the “Occupy” movement is that I am not...
5 Neglected Tax Developments of 2011
Originally Published on forbes.com on December 28th, 2011 ______________________________________ I review original source tax material looking for items that are of...
8 Unfair 2011 Tax Decisions
Originally Published on forbes.com on December 24th, 2011 ______________________________________ Sometimes the IRS and the Courts are wrong even when they are right. ...
10 LGBT Tax Developments in 2011
Originally Published on forbes.com on December 23rd, 2011 ______________________________________ Overview Most of the LGBT tax developments this year are related to...
Housing the Echo Boomers – Next Big Real Estate Opportunity ?
Originally Published on forbes.com on December 21st, 2011 ______________________________________ Tim Smith blogs on the “Echo Boom”, also known as Generation Y...
Housing the Echo Boomers – Next Big Real Estate Opportunity ?
Originally published on forbes.com on December 21, 2011. _______________________________________________________________________________ Tim Smith blogs on the "Echo...
Of Thongs and Sheet Music – 10 Lamest Taxpayer Arguments of 2011
It’s always interesting to learn something new. I thought that this protester was totally off the wall claiming tax exemption as a “Moor of Cherokee descent”. Silly me. There is actually is such a group of people. They are descendants of African Americans held as slaves by the Cherokees. There is a fairly recent controversy about whether members of the group should be considered tribal members. Here is something on that. So this guy is no further off the wall than most protesters and sheds some light on a neglected area of American history. He still has to pay taxes, though.
Attitudes of Young Americans Bode Ill for Housing Recovery
Originally published on forbes.com on December 17, 2011. __________________________________________________________________________ I've been bugging a realtor friend...