Monthly Archive: January 2011

Jan 20

Apple’s Rollercoaster Two Days

Photo by Troy McClure

In the span of just a couple of days Apple both announced another quarter of expectation-busting record profits and the fact that Steve Jobs would be taking another medical leave of absence.  Compared to his two prior medical leaves of absence this one ominously did not contain an expected duration.   Lets start with the upbeat …

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Permanent link to this article: http://betweenthenumbers.net/2011/01/apples-rollercoaster-two-days/

Jan 19

Obama’s regulation review is probably a non-event

To much fanfare yesterday, President Obama announced an executive order regarding his new pro-business approach.  No doubt, the President is aware of the generally tepid support he has been receiving from the business community.  This should not be shocking to the President (or anyone else), since his administration has been responsible for massive new laws …

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Permanent link to this article: http://betweenthenumbers.net/2011/01/president-obama%e2%80%99s-regulation-op-ed-piece-is-most-useful-for-future-campaign-one-liners/

Jan 18

What Tax is "Fair"?

Many national governments are funded through a combination of income and broad based consumption taxes, usually in the form of a Value-Added-Tax (VAT).  In the United States, consumption taxes (in the form of sales taxes) have been left to the states, while the federal government relies on a combination of income taxes, payroll taxes, excise taxes, …

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Permanent link to this article: http://betweenthenumbers.net/2011/01/new-site-feature-the-question-2/

Jan 18

What Tax is “Fair”?

photo by David Reber, Hammer Photography

Many national governments are funded through a combination of income and broad based consumption taxes, usually in the form of a Value-Added-Tax (VAT).  In the United States, consumption taxes (in the form of sales taxes) have been left to the states, while the federal government relies on a combination of income taxes, payroll taxes, excise taxes, …

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Permanent link to this article: http://betweenthenumbers.net/2011/01/new-site-feature-the-question/

Jan 17

Three States Act as Guinea Pigs for Other States in Fiscal Turmoil

As the federal deficit has grown to unsustainable levels, it has received an increasingly more media attention.   Less attention has been paid to similar large problems the states face.  However, almost every state (46 to be exact) struggled to close budget shortfalls for the current fiscal year (which begins July 1, 2010 in most states).   …

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Permanent link to this article: http://betweenthenumbers.net/2011/01/three-states-act-as-guinea-pigs-for-other-states-in-fiscal-turmoil/

Jan 17

Diversification Challenges in Today's Market

Diversification refers to the process on reducing one’s overall risk by investing in different assets that have different characteristics.  If the various asset values do not move up and down together, then a diversified group of investments will have less variability or risk than the weighted average of its constituent parts.   Diversification works because the …

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Permanent link to this article: http://betweenthenumbers.net/2011/01/diversification-challenges-in-todays-market-2/

Jan 17

Diversification Challenges in Today’s Market

Diversification refers to the process on reducing one’s overall risk by investing in different assets that have different characteristics.  If the various asset values do not move up and down together, then a diversified group of investments will have less variability or risk than the weighted average of its constituent parts.   Diversification works because the …

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Permanent link to this article: http://betweenthenumbers.net/2011/01/diversification-challenges-in-todays-market/

Jan 15

New survey shows that 100 percent of people don’t mind participating in surveys.

No, the survey in the title doesn’t exist, but it was the easiest way to summarize the problem of response rates.  The reason why the hypothetical survey in the title got its result was because they first had to ask if they wanted to take a survey before they asked the survey question.  Thus, the survey reaches the …

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Permanent link to this article: http://betweenthenumbers.net/2011/01/new-survey-shows-that-100-percent-of-people-don%e2%80%99t-mind-participating-in-surveys/

Jan 14

IRS report provides candid assessment of major problems

Nina E. Olson is the current head of the U.S. Taxpayer Advocate.  This is a government office dedicated to helping taxpayers solve their problems with the Internal Revenue Service (IRS).  On January 5, 2011, she issued her required annual report to Congress.  The report is exceptionally long.  We summarize the major components and themes in …

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Permanent link to this article: http://betweenthenumbers.net/2011/01/irs-report-provides-candid-assessment-of-major-problems-2/

Jan 13

Congress’ PAYGO was anything but

Pay-as-you-go, or “PAYGO” rules require that new entitlement spending and new tax cuts must be paid for dollar-for-dollar with entitlement spending cuts or tax increases. On February 4, 2010, pushing for passage of the pay-as-you-go (PAYGO) legislation, then House Speaker Nancy Pelosi stated on the House floor, When I became Speaker of the House, the very …

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Permanent link to this article: http://betweenthenumbers.net/2011/01/nancy-pelosi%e2%80%99s-persistent-and-departing-words-are-perplexing/

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