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Showing posts from December, 2017

Taxes and Hyperbole

There is a new tax code in the U.S., and this is indeed a “Yuuuge” deal. As far as I can tell, it is as close to an unmitigated home run for America as can be. Is it perfect? Of course, it’s not. The code retains its unwieldy size and complexity, largely as a result of compromises made in order to bribe congressmen and senators for their votes. Until we get term limits, it seems we’re stuck with a tax code that is big and complex. However, it does hit the mark on a few key issues: most every taxpayer will now pay less to the federal government (except those in states with ridiculously mismanaged economies who now will be forced to hold their state politicians more accountable); and our businesses, large and small alike, will remit less of their profits to the federal government and will be liberated to invest that savings into growth – which will surely create job and wage growth in the productive private sector.

Group Think – The NBA

I’ve long been fascinated with the works of behavioral scientists, which are devoted to trying to answer the question of why we humans think and do as we do. I’ve learned how hard-wired we are to be influenced by media and our peers, and how truly difficult it is for us to think “outside of the box,” or to avoid Group-Think. This blog will be the first in a series on this topic and will be dedicated to one of my favorite topics – NBA basketball.