Nicole Liska

I am a Principal at Fulcrum Inquiry, an accounting and economic consulting firm that performs damage analysis for commercial litigation, forensic accountings, financial investigations, and business valuations. I hold an ABD and MA in economics from the University of California, San Diego. I perform damages analyses and serve as a damages expert witness. My resume is on Fulcrum's website.

Most commented posts

  1. Beware Of Poll Results — 4 comments
  2. Congress’ procrastination means a delayed 2010 federal tax refund — 4 comments
  3. California Moves Closer to Making Wine Less Tasty — 2 comments
  4. What statistics can tell us about the ditching of L.A.’s “Gold Card Desk” — 2 comments
  5. It’s Good to be Under 40… — 2 comments

Author's posts

California Moves Closer to Making Wine Less Tasty

The California Board of Equalization (“BOE”) proposed taxing certain wines as distilled spirits, which would increase the excise tax on the wine from 20 cents a gallon to $3.30 a gallon, an enormous  1,550 percent  increase.  Essentially, the heightened tax will hit wines where distilled alcohol has been added, such as wine specialties, flavored table …

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Permanent link to this article: http://betweenthenumbers.net/2011/03/california-moves-closer-to-making-wine-less-tasty/

Detest Your Boss? Call the Government

As part of the Obama administration’s “Middle Class Task Force Initiative”, the Department of Labor’s Wage and Hour Division (WHD) recently teamed up with the American Bar Association (ABA) to help plaintiffs obtain legal counsel for claims under the Fair Labor Standards Act (FLSA) and the Family and Medical Leave Act (FMLA).  Under this new …

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Permanent link to this article: http://betweenthenumbers.net/2011/02/detest-your-boss-call-the-government/

State budget shortfalls do not discriminate between “red”, “blue”, and “purple” states.

This article involves using the Fisher exact and the chi-square test to determine whether state budget challenges more frequently pertain to the states that typically vote as “red”, “blue” or “purple”. There is a general notion that states in the biggest fiscal messes are the “blue” democratic states, generally because these states tend to have …

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Permanent link to this article: http://betweenthenumbers.net/2011/02/state-budget-shortfalls-do-not-discriminate-between-%e2%80%9cred%e2%80%9d-%e2%80%9cblue%e2%80%9d-and-%e2%80%9cpurple%e2%80%9d-states/

CBO Releases Alarming Deficit Forecast

In his Tuesday State of the Union address, President Obama said: … understand if we don’t take meaningful steps to rein in our debt, it could damage our markets, increase the cost of borrowing, and jeopardize our recovery—all of which would have an even worse effect on our job growth and family incomes.” The president …

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Permanent link to this article: http://betweenthenumbers.net/2011/01/cbo-releases-alarming-deficit-forecast/

The Real Deal Behind Congress’ Pay

The heightened attention towards the Constitution and whether or not recent legislations abide by it or not is causing some to draft Constitutional amendments.   One of the suggested amendments is:   “Congress will no longer vote themselves a pay raise. Congressional pay will rise by the lower of CPI or 2.5%.”    At first glance, this may seem like …

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Permanent link to this article: http://betweenthenumbers.net/2011/01/the-real-deal-behind-congress%e2%80%99-pay/

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/

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/

Congress’ procrastination means a delayed 2010 federal tax refund

Taxpayers did not benefit from Congress’s procrastination on deciding whether or not to extend the 2001 Bush tax cuts.  Despite having ten years to make a decision, Congress left it until two weeks before the extension would expire to address the issue.  As a result, the IRS must now reprogram its processing systems for provisions that …

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Permanent link to this article: http://betweenthenumbers.net/2011/01/congress-procrastination-means-a-delayed-2010-federal-tax-refund/

Californian Legislature Ignores the Budget Mess, but Passes 725 Other New Laws

Happy New Year, Californians!   Thanks to a legislating orgy performed by your California legislature last year (that was paid for by you), 725 pieces of legislation went into effect January 1, 2011!  Let’s celebrate!  Californians are now compelled to ring in the New Year by getting up to speed on each of these new laws.  I shall …

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Permanent link to this article: http://betweenthenumbers.net/2011/01/californian-legislature-ignores-the-budget-mess-but-passes-725-other-new-laws/