Word: figuree
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Well, honesty never goes unpunished. Could you give me a good reason then why investors wouldn't be better off with index funds? By and large, investors would be better off with index funds. The question to me is, if you are an active manager, what makes you think you...
But this tax break probably isn't good policy, especially now that we seem to have left the darkest part of the housing-market woods. Here are the numbers. The IRS says 1.4 million first-time buyers have benefited from the credit so far; the National Association of Realtors thinks...
To figure out the answer, we might look to an existing one: the mortgage-interest tax deduction. Each year we give up some $80 billion in tax revenues so that homeowners don't have to pay tax on the income spent on mortgage interest. The thing is, about half of...
Edward Kennedy died at Chappaquiddick, along with Mary Jo Kopechne. It's hard to understand how a major figure like Ted could emerge from such a personal disaster, give such a thoroughly unconvincing explanation, and yet continue to pitch for high office. In the U.K. he'd have been finished...
When implementing recent budget cut decisions, the administration has appeared somewhat closed to outside influence. Thankfully, there may be a remedy to this glaring problem. FAS has now launched an online Idea Bank inviting students, faculty members, and the community to submit their budget cut ideas and rate those of...