Financial & Tax News Bites

The current occupant of the White House read this off the TelePrompTer during his visit to Nancy Pelosi’s house: Wages are rising at the fastest pace in decades, and growing for blue collar workers, who I promised to fight for, faster than anyone else. We passed a massive tax cut for working families and doubled […]

What Harley-Davidson Did with Its Tax Break

Harley-Davidson paid its President and Chief Executive Officer, Matthew S. Levatich, $11.1 million in 2017, a 19% increase from his $9.35 million take the prior year, rewarding him for taking the company’s net income to $522 million, down 25% from 2016’s $692 million. Five years ago, he collected a paltry $3.7 million. A share of […]

Death and Taxes

2016 was a tough year for hedge funds, their managers anyway. The combined income for the top 25 managers was a paltry $11 billion, the lowest since 2005. That’s just a little over half of the $21.2 billion they “earned” in 2014. Don’t feel too sorry for them, though. Most of their income is categorized […]