Financing Retirement
I have always been a great fan of providing a government match on the retirement savings for low- and middle-income workers. These workers, who pay very little in income taxes, gain virtually nothing from the tax preferences accorded retirement saving and can afford to put aside only modest amounts…
Who knew doing nothing could be so effective? Most people probably know the portion of Issac Newton’s First Law of Motion that describes inertia: “objects at rest tend to stay at rest unless acted upon.” What most people don’t know is that when Sir Newton wrote this, he turned to his assistant and commented: “this…
