Yes, it’s true, I do have a magazine story to write, but first I must share this video of CNBC’s Becky Quick interviewing Warren Buffett. This is like day 226 of CNBC’s Berkshire Hathaway annual meeting blitz coverage. I tried to keep up, really I did. Becky starts off by saying that after more than [...]
Yeah, yeah, I know: Microsoft backs off and Yahoo’s stock implodes! Countrywide turns out to be maybe not worth anything! The Fed says lending standards are tightening a lot! Some guy named Paul Collier writes a really smart blog comment! So much fun news to blog about. But I’ve got a magazine story to write. [...]
The Congressional Budget Office issued a report Friday on Sources of the Growth and Decline in Individual Income Tax Revenues Since 1994. The gist of it was that the big gains in federal tax revenue from 1994-2000 had very little to do with changes in the tax code, while about half of the decline in [...]
