Mar

30

Any pre-Reagan tax books?

March 30, 2009 | Comments Off

Tax season is over (for us) and we feel the pain once again. The pain is aggravated when we think of the incredible jump in the top tax bracket that Democrats will allow by allowing Bush tax reform to expire.  Top tax bracket will jump from 35% to 39.5%.  Some other proposals on the table [...]

Mar

27

People Have Spoken: No Performance Based Pay

March 27, 2009 | Comments Off

Today, Bank of America (BAC) announced that they will increase their top level investment bankers salaries by up to 70%.  In their own words:  “The concepts we are considering would not increase total compensation, Rather, we believe it is responsible, and consistent with the emerging public consensus, that a greater percentage of overall compensation come [...]