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7 years

The US Partnership Taxation Issue

Taxation is obscure. Partnership taxation is really obscure. 70% of partnership income accrues to the top 1% of taxpayers, but over 50% of all business income is earned through partnerships (or other pass-through entities). It is fair to say its revenue impact is disproportionate to its relevance in an existential sense.

7 years

The Carried Interest Loophole

The Treasury Secretary, Steve Mnuchin, has delivered some incoherent messages about tax reform. It appears he has not yet understood that tax policy will be driven by the President working with his new Democratic friends Nancy Pelosi and Chuck Schumer. One of the tax beasts to be slain is carried interest, the pernicious mechanism by which $20bn of wealth annually is delivered to the 1% with careless regard for the suffering of the middle class. President Trump has promised to fix this. In this, he is not alone. Carried interest has been in the crosshairs for over ten years. Even the 1% broadly agree that it is without merit. But why is it still around?

7 years

How to Relinquish Unrealistic Expectations of Your Manager

Unrealistic expectations cause problems and are exposed in a multitude of situations.

7 years

The Fintech Revolution

Fintech companies have disrupted the digital landscape. So far, they have successfully changed how financial firms are structured and provisioned, but have not successfully established themselves as the most dominant players. How will Fintech firms shape our life and can they succeed in their quest? The collision between financial institutions and large technology companies looks very promising. 

7 years

The Hardships of Entrepreneurship

Succeeding as an entrepreneur takes hard work, sacrifices and persistence. Passion, perseverance and a positive attitude tend to set successful entrepreneurs apart. Cultivating these attributes requires an innate skill set and some tips to get started.

7 years

Instagram Reaches New Heights

As competition for digital advertising heats up, Instagram is unveiling new features to prove how often its app drives sales. Once known for its pretty filters, the photo app expanded significantly, allowing its 300 million active users connect with 8 million businesses. 

7 years

Google Keeps Minting Money

Alphabet, Google’s parent company, reported its second quarterly results, posting both higher revenue and profits than expected. Even with massive EU fine, Google keeps minting money.

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