Apr 18 The Chosen Few: A New Explanation of Jewish Success By mbotticini By Maristella Botticini and Zvi Eckstein A note from Paul Solman: Nine years ago, someone sent me an academic paper that put forward a radically new explanation of why Jews have been so successful economically. Written by economists Maristella Botticini… Continue reading
Apr 17 Ten Tips for Senior Entrepreneurs By Judi Henderson-Townsend // PBS NewsHour Economics Correspondent Paul Solman reports on late bloomers who decided to take the plunge into self-employment. Watch his full report above. Paul Solman: Mannequin Madness. That's where we met Judi Henderson-Townsend and Cynthia Mackey -- at Townsend's… Continue reading
Apr 17 Ten Tips for Senior Entrepreneurs By Judi Henderson-Townsend By Judi Henderson-Townsend and Cynthia Mackey "Seniorpreneurs" Judi Henderson-Townsend, owner of Mannequin Madness, and Cynthia Mackey, founder of Baby Boomer Business Owner. Paul Solman: Mannequin Madness. That's where we met Judi Henderson-Townsend and Cynthia Mackey -- at Townsend's "body shop"… Continue reading
Apr 15 The Income Tax in 1913: A Way to ‘Soak the Rich’ By Paul Solman So how heavy is the income tax burden these days, especially on those in the upper reaches of the income range? One comparison is with the original IRS form for the year 1913, when the federal income tax was… Continue reading
Apr 15 The Income Tax in 1913: A Way to ‘Soak the Rich’ By Paul Solman By Paul Solman A copy of the original IRS form from 1913. Image by National Archives. So how heavy is the income tax burden these days, especially on those in the upper reaches of the income range? One comparison is… Continue reading
Apr 15 Are Income Taxes on Social Security Benefits Egregiously Unfair? By Laurence Kotlikoff April 15, also known as Tax Day, is the deadline to file federal income tax returns to the IRS. Paul Solman asks Social Security expert Larry Kotlikoff about whether or not Social Security benefits are taxed equitably. Photo by Li… Continue reading
Apr 15 Are Income Taxes on Social Security Benefits Egregiously Unfair? By Laurence Kotlikoff By Larry Kotlikoff April 15, also known as Tax Day, is the deadline to file federal income tax returns to the IRS. Paul Solman asks Social Security expert Larry Kotlikoff about whether or not Social Security benefits are taxed equitably. Continue reading
Apr 12 Does Obama Have It Right or Wrong on Social Security? By Paul Solman Staffers pick up their copies of the President's Fiscal Year 2014 Budget at the Senate Budget Committee in the Dirksen Senate Office Building on April 10, 2013. Photo By Douglas Graham/CQ Roll Call/Getty Images. Today we present a range of… Continue reading
Apr 12 Does Obama Have it Right or Wrong on Social Security? By Paul Solman By Paul Solman Staffers pick up their copies of the President's Fiscal Year 2014 Budget at the Senate Budget Committee in the Dirksen Senate Office Building on April 10, 2013. Photo By Douglas Graham/CQ Roll Call/Getty Images. Today we present… Continue reading
Apr 11 The Hard Truth About Economic Inequality That Both the Left and Right Ignore By Jerry Muller Economic historian Jerry Muller argues that rising economic inequality "is more deeply rooted and intractable than generally recognized" -- because of families. He says your financial fate could be determined by who you choose as a partner, if you decide… Continue reading