Diversions. (This is not about my favorite card store!)

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As a financial and management consultant, I’ve been confronted with situations that would turn your stomach.  (Well, I guarantee you they certainly turned mine!)

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Tax Rates- Pass Throughs and C’s

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Soooo.   You’ve heard it.  You know it.  Corporations all complain about that 35% tax rate- but few, if any, are paying taxes at that rate.  Big companies pay virtually ZERO % and middle-market companies pay 15 to 18%.  (By the way, a whole slew of single-owner corporations pay a mandated 35% tax rate!) And, our clients- the ones we convinced to form LLC’s and S entities to save on taxes want us to explain how come they are not paying taxes at the 15% to 18% rates. Continue reading Tax Rates- Pass Throughs and C’s

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Another one (ok, a whole bunch of them) bites the dust…

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I can remember a time, not so long ago…

Yup, when Congressmen (there were maybe 1 or 2 women, who ‘inherited’ their spouses’ seats) were held in relative high regard.  And, car salesmen were the low men (again- same statement) on the totem pole.  Now, Congressfolks have a public approval rating that would make Idi Amin (go ahead, look him up!) blush- and car salesman have vanished (almost) from the face of the earth.

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Healthcare Cost Spiral

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It’s hard to believe how different health care is than normal technology.  When we are dealing with computers, automobiles or other technology, things get cheaper and more efficient with time.  In health care, new innovations either make things possible- sometimes at lower costs, but just as often these developments just cost more money.  Which is why health care comprises some 20% of our GDP.

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Nauseous?

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If you mention chemotherapy, our first mental response is often:  Nausea.  If I ate potatoes, I’d say it’s like “meat and potatoes”.  But, just like I avoid potatoes, there are folks trying to insure that chemo is NOT a hand-in-hand companion to nausea.  And, while they’re at it, eliminating morning sickness for pregnant ladies would be another tremendous benefit.

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Gobble-Gobble

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Today is Thanksgiving.  A holiday to remind us that our harvest has sustained us.  Analogous to the holiday of Sukot, which was closer in time to the secular Thanksgiving before the date was moved.  (It IS celebrated on the second Monday of October in Canada, which is mighty close to the actual date of Sukot.)

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Chanuka

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Tonight is the first night of Chanuka. For those of you who follow the Gregorian calendar, you would say the holiday is arriving early.   It won’t fall this ‘early’ again for some 80,000+ years. (Chanuka always falls on the 25th day of Kislev, though, in our calendar.)

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