Taxes

Our take on the investing, financial, & economic themes of the day

Despite Kinder Morgan, MLPs Are Here to Stay

14 August, 2014 by Ben O'Brien in Commentary
Earlier this week the giant energy pipeline company Kinder Morgan (KMI) announced that it would restructure and give up its special tax status as Master Limited Partnership (MLP). This came as a shock to many investors because MLPs have been an increasingly popular investment class, and Kinder ... read more...

Another Implication of High Corporate Taxes

16 June, 2014 by Mark O'Brien in Commentary
Companies are “inverting” to avoid taxes. That is, domestic U.S. companies are buying foreign competitors and becoming foreign themselves to avoid paying corporate taxes, which are among the highest in the world at 36%. This process is called inversion and it solves the problem, if ... read more...

The “Fiscal Cliff” that Isn’t

18 December, 2012 by Ben O'Brien in Commentary
The first thing to get clear about the “fiscal cliff” is that this term, unhappily coined by Federal Reserve Chairman Ben Bernanke, is misleading.  There isn’t really any fiscal cliff, no matter how much the news media, with its relentless 24-hour news cycle, likes to sensationalize ... read more...

Bush Tax Cuts Extended: A Temporary Fix

7 December, 2010 by Ben O'Brien in Commentary
The uncertainty over tax rates, which had been hanging over the market all year, was lifted last night with the announcement that President Obama and Congressional Republicans agreed to extend the “Bush tax cuts” for all income levels for two years. According to the agreement, dividend and ... read more...