Repeal of Estate Tax

“There should be a 65% estate tax” Hillary Clinton “There should be a 0% estate tax” Donald Trump   As we all know, the Internal Revenue Code imposes an estate tax upon our assets when we die. The amount of the tax can reach more than 40% of the...

Repeal of Estate Tax

“There should be a 100% estate tax” Many Progressives “There should be a 0% estate tax” Donald Trump As we all know, the Internal Revenue Code imposes an estate tax upon our assets when we die. The amount of the tax can reach more than 40% of the...

Retirement Plan Loans

My father used to tell me that banks were in the business of lending other peoples’ money (depositors)   to people who don’t need it (rich borrowers). That insight stuck with me for many years. Whether it is true or not, it is certainly true that it can be very...

Loans

“The question is whether he can learn and change.  If so, I believe he can be a good president.” Democrat Senator Dianne Feinstein (California) addressing a shocked Commonwealth Club in San Francisco on 8-30-17 No matter your political affiliation, I think most...

Education expenses

“It’s a toad, dude, a toad!” (A slightly stoned Alaskan fishing guide yells out as I land a huge silver salmon) I recently had the good fortune of being invited by an old friend to stay at his cabin in Alaska and to fish for silver and sockeye...