by meep
Let’s hit it!
MEGAN MCARDLE ON HIGH TAX STATES
Megan McArdle at WaPo: Democrats are about to have to pay up
Before the ink was dry on our new tax bill, outraged blue states were screaming about the cap on the deductibility of state and local taxes....
by meep
Due to the power outage from Tuesday – Thursday at home, today’s Around the Pension-o-Sphere is getting preempted by something I noticed recently: multiple Seattle stories that touched on different topics I like to write about. [Also, I have internet access for only about a few minutes at a time,...
by meep
Sometimes, they make it so easy:
Nancy Pelosi asked if Dems win majority would she raise taxes. "That's accurate." pic.twitter.com/3LMfxfr36T
— Comfortably Smug (@ComfortablySmug) May 8, 2018
GOP: Pelosi Will Raise Taxes! Pelosi: “Accurate!”
Is this the tweet that launched a...
by meep
Let’s start out with some happy!
GIANT UNFUNDED LIABILITIES ARE A RIGHT-WING CONSPIRACY
Don’t panic about unfunded liabilities
One major talking point from the right is that “unfunded liabilities” for public pensions are a horrible problem.
First, remember that these are the same folks who destroyed...
by meep
There’s been a theme lately: the increasing desperation of high tax states to hang onto taxpayers.
Wall Street Journal: ‘My Clients Are Fleeing NJ Like It’s on Fire’
That headline arrives via email from a money manager in northern New Jersey. The Garden State already has the third largest overall tax...
by meep
Today's video is on a very simple proposal to extend healthy life: raise the minimum age of eligibility for Social Security Old Age benefits.by meep
I’m getting a bit tired of all this doom-and-gloom (there is plenty to be found without trying hard), so I thought I’d highlight something good on Wednesdays for now.
So: the bankruptcy of Detroit.
WAIT! Don’t go!….
[…that’s what New York said...
by meep
So, Illinois and New York and other places have started getting legislation together to supposedly help their highly-taxed folks reduce their federal taxes (because only the states/localities should fleece their residents, dammit!)
The thing is, the IRS hasn’t given any indication whether any of this will be considered legit. ...
by meep
Let’s catch up with just three states this time.
And something extremely crappy from CNN.
KENTUCKY: THE AFTERMATH
So a recap:
- A half-assed pension reform bill was crammed through the Kentucky legislature, signed by the governor
- The governor vetoed a separate bill, that would have...
by meep
So much doom, so little time to blog.
BONDS ISSUED WITH UNSURPRISING HIGH PRICE
The 10-year bond in deal at 4.55%, that's 205 bp over latest 10-year spread posted on MMD of 2.50%, BUT it's a 6% coupon so need...
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