Business

Taxes Are Not the Only Factor in Migration

May 8, 2012 Business

We hear a lot in New York about how taxes cause people to emigrate, either directly or indirectly because businesses leave. This is particularly a concern when younger people leave. So it’s interesting to see that New Hampshire, a notoriously low tax state (neither a sales nor an income tax), is also suffering from an […]

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Private Equity Gets a Lower Tax Rate. Why?

December 19, 2011 Business

Reading a New York Times Story on Mitt Romney’s continued receipt of income from Bain Capital, a company he left in early 1999, I was reminded of the special tax deal that hedge fund and private equity operators get. Tax treatment of hedge fund and private equity compensation has been another point of political contention. […]

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The Shin Bone’s Connected to the Thigh Bone

December 7, 2011 Business

My friend and colleague, Tim Maniccia, who runs Policy Innovation, noted some interesting connections yesterday. What triggered Tim’s observations was the bankruptcy of American Airlines. The first thing he noted was that American’s four pension plans cover almost 130,000 participants, but they have only $8.3 billion in assets to cover $18.5 billion in benefits. Were […]

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Amazon’s First Hire

June 15, 2011 Business

Not sure that this story is a perfect fit here, but it’s still a good one. From Geekwire, Meet Amazon.com’s first employee: Shel Kaphan. And this should certainly count as a quote of the day as he describes made the work fun at the beginning: One of the things that attracted me in the first […]

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