- rich folks' fancy new purchases
Marc Lasry (Avenue Capital) & Wesley Edens (Fortress Investment) have deicded to buy the Milwaukee Bucks for 550M$, with an additional spending of 100M$ for a new arena. At this point, this "distressed asset" has no where but up to go (66 ...
Forum topic - thelittlemushrooms - Apr 17 2014 - 5:55pm - 3 comments
- Ewwww...Poor People
I'm gonna need some help with this. A new app dropped this week and it has the whole Internet up in arms with righteous indignation and moral outrage. Thing is, it's actually pretty useful (or will be when it emerges from Beta testing). The app ...
Blog entry - Edmundo Braverman - Sep 10 2013 - 7:45am - 42 comments
- Yellow Lamborghini With 1% Vanity License Plate
In San Francisco, you’re sure to see a Prius on pretty much every block, but from time to time you’ll also see an SUV or even a Hummer zip through the streets driven by someone who wants to rebel but doesn’t want to risk having their car keyed or sprayed ...
Forum topic - Market Squeeze - Jul 10 2013 - 3:43pm - 15 comments
- AMT on your taxes??
Anybody here being hit by AMT this year? Are there any super-obvious deductions that I'm missing? Seems like anyone single living in a high tax state (CA, NY...) making over ~200k a year without a house would be subject. Welcome WSO's thoughts. ...
Forum topic - DaCarez - Feb 18 2013 - 2:48am - 7 comments
- Concessions for Taxing The 1%
In the near future, the bush tax cuts will expire and another debt ceiling debate will begin. With that being said, I just do not see the top 1%, or even the.01%, escaping higher taxes. Though, is there any way America can coax the rich into willfully ...
Blog entry - M Friedman - Dec 14 2011 - 4:22pm - 121 comments
- Britain has proposed a one time tax on WEALTH
http://www.cnbc.com/id/48825978Deputy [quote] Prime Minster Nick Clegg, leader of the Liberal-Democrat Party, has proposed a one-time tax on the wealth (rather than the incomes) of high-net-worth Britons. The details aren’t clear, but Clegg says the ...
Forum topic - Nobama88 - Aug 29 2012 - 7:53pm - 8 comments
- America's Most Prestigious Suburbs
Since everyone loves debating the prestige of each bank, why not debate the prestige of all the affluent suburbs around the country that many of us have either lived in or are working hard towards moving to one day. When evaluating an area's prestige, ...
Forum topic - Investment Fratting - Jun 28 2012 - 12:15am - 31 comments
- Relationship between Income Brackets and Taxes- 2011
There have already been plenty of posts discussing income taxes and US general tax structure on WSO, but here is a chart I wanted to share for anyone interested. Source: WSJ ...
Blog entry - Ultima-RDK - May 1 2012 - 1:47am - 8 comments
- Banker's 1% Tip, fake?
http://www.news.yahoo.com/blogs/trending-now/banker-1-tip-hoax-real-receipt-obtained-195827093.html "Yesterday we reported a story about a banker who allegedly left a $1.33 tip on a $133 lunch bill at True Food Kitchen in Newport Beach, California. In ...
Forum topic - Buyside - Feb 28 2012 - 6:51pm - 9 comments
- Majors with the best chance of reaching the top 1% earners.
I came across this article that says, [quote] "According to the Census Bureau’s 2010 American Community Survey, the majors that give you the best chance of reaching the 1 percent are pre-med, economics, biochemistry, zoology and, yes, biology, in that ...
Forum topic - ivyliga - Jan 29 2012 - 9:41am - 6 comments