Rich Freeloaders

Rich Freeloaders

Like too many Americans, I’m unemployed. But in my case, the reason isn’t that I can’t find work — it’s that I don’t need it. I’m among the lucky few who can live comfortably off their wealth. And this isn’t wealth I earned...
How the Rich Welsh on Retirement Taxes

How the Rich Welsh on Retirement Taxes

For almost 40 years, Uncle Sam has generously subsidized retirement accounts (regular IRAs, 401ks, 403bs and the like) for our golden years. Annual contributions are commonly tax-free. The gains that accumulate on these investments are tax-deferred, usually for...
Chairman of the Con Man Committee

Chairman of the Con Man Committee

Call me a cynic, but it’s been my experience that when politicians say they’re going to lower your taxes, it’s not your taxes they’re talking about. Take, for example, House Budget Committee Chairman Paul Ryan’s new (actually recycled)...
Keystone XL’s Dirty Little Secret

Keystone XL’s Dirty Little Secret

“It’s certainly true,” declared Energy Secretary Stephen Chu, “that having Canada as a supplier for our oil is much more comforting than to have other countries supply our oil.” He was referring to the Canadian tar sands oil that...