Archive: Geoffrey T. Sanzenbacher

With a positive side effect for older households. Hope springs eternal. Every time a tax cut is proposed, the promise is made: the increased economic growth will eventually result in more, not less, government revenue. For example, in 2017 we had Treasury Secretary Mnuchin exclaiming that the “Tax Cuts and Jobs Act (TCJA)” would “pay…

Are ESOPs actually a good idea? Warren Buffet is known to have said about diversification: “[it] makes very little sense for anyone that knows what they’re doing.” As someone with his retirement savings mainly in diversified index funds, that quote hurts. Then again, when it comes to my retirement savings, I don’t really have t…