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Earlier this week, leaders from both major parties in the Land of the Free announced a grand bargain that, in theory, should avoid a government shutdown later this month. According to their agreement, Congress will supposedly cap its ‘discretionary’ spending at $1.6 trillion for Fiscal Year 2024. That’s down from
When Edward Winslow and his fellow passengers aboard the Mayflower set sail from England on September 16, 1620, they probably weren’t thinking about taxes or Social Security. Most likely they were just hoping to stay alive long enough to enjoy their new-found religious freedom. Tragically, most of them did not.
Foreign Earned Income Exclusion:How to earn up to $126,500, tax free, in 2024 AUTHOR LAST UPDATED At Schiff Sovereign, we often discuss how lowering or eliminating your taxes is one of the best investments you can make in your life. Nearly every investment you make carries risk. It could go
The most popular and by FAR the EASIEST residency program in the world attracted over 300,000 immigrants in the month of December alone. And for the entirety of 2023, it drew over 2.5 million people. There’s a reason why this residency program is so popular: 1. The government makes it
Jacques Turgot must have cried himself to sleep the night that he reviewed the French government’s annual financial report in early 1775. The numbers were gruesome; France was so heavily indebted by the mid-1770s that the entire nation was on the verge of a major financial crisis. But Turgot was
Hunter Biden most likely isn’t going to jail any time soon despite an obvious track record of fraud and criminality. But if you happen to be a small business owner in the Land of the Free, you are looking at potentially two years in prison if you don’t comply with
In a world full of unimaginable absurdity, we spend a lot of time thinking about the future… and to where all of this insanity leads. “Future Headline Friday” is our satirical take of where the world is going if it remains on its current path. While our satire may be
In the year 404 BC, after decades of chaotic and bloody conflict among ancient Greek city states in the Peloponnesian War, Athens finally surrendered to its rival Sparta. The defeat marked the end of the Golden Age of Athens… and Athenian democracy; almost immediately after the war was over, Sparta’s
Rene Descartes probably wasn’t thinking about gargantuan budget deficits and a $34 trillion national debt when he published Principles of Philosophy in the year 1644. But his ideas absolutely fit the scenario today. Up until that point in history, much of science and mathematics was still based on the 1,500+
In a world full of unimaginable absurdity, we spend a lot of time thinking about the future… and to where all of this insanity leads. “Future Headline Friday” is our satirical take of where the world is going if it remains on its current path. While our satire may be
Yesterday Senator Elizabeth Warren used a Wall Street oversight hearing to whine about cryptocurrency. At one point, almost as if a well-choreographed football play, she passed the ball to Jamie Dimon — CEO of JP Morgan Chase, the biggest bank in the world — to “explain why crypto is such
It’s my sincere hope that I’m able to live both the quantity and quality of life that Charlie Munger had. Even at age 99, he appeared vivacious and energetic– as one Wall Street Journal reporter remarked after interviewing him back in September. Their session went four straight hours with Munger
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