You can fool nearly all the people…

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Archive for February 2019

The very rich cannot only pay for QM2-size yachts, they have enough $$ to purchase entire nations!

Instead of playing the lottery or completing my 2018 Income Tax, yesterday I imagined I was Jeff Bezos It was a typical day with nothing to do except harass the workers at Whole Foods, so I decided to buy a boat. But not just any boat. A big boat – in fact, a ship. Large enough to carry all my “friends” and impress the other rich folks, including Zuckerberg and […]

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World’s 19th largest economy – San Francisco Bay – now qualifies for Opportunity Zone status, because its median income is “only” $117,000

It’s tax season for the peons, but while you are wondering where your money is going, a few developers and bankers are chuckling. San Francisco Bay has been designated an official Opportunity Zone – containing areas where you can invest, make a fortune and pay no taxes – income or otherwise. The IRS describes the deal this way: Opportunity Zones are designed to spur economic development by providing tax benefits […]

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