by Leif Jensen | Oct 16, 2019 | General, Rant |
I was surprised to find out that, as private organizations, political parties in the U.S. are under no legal obligation to democratically choose their nominees for general elections; parties could choose to select nominees by tennis match. I was aware that delegates...
by Leif Jensen | Oct 15, 2019 | General, Rant, Taxes |
How does this actually work… The states, Illinois included, have done everything they can to threaten, sue, rob and kill the tobacco industry. Now they are setting their sights on killing e-cigarettes and the vaping markets. But Illinois plans to remake its fortunes...
by Leif Jensen | Oct 9, 2019 | Taxes |
As the Democratic fashion completion continues for the presidential nomination, Senators Elizabeth Warren of Massachusetts and Bernie Sanders of Vermont have both proposed wealth taxes that would shrink the fortunes of the richest Americans. Their plans envision an...
by Leif Jensen | Oct 8, 2019 | Investing, Retail, Running a Business |
Do you know anyone that owns a Tesla or a Hybrid? They are becoming more plentiful on the road. Which is causing a problem for a sector of business. Gas stations across the country are now facing a significant long-term problem; the rise of electric vehicles and...
by Leif Jensen | Oct 7, 2019 | Running a Business, Taxes |
Banks are rushing to meet a 2020 deadline for a new bookkeeping rule. They will need to estimate possible losses on a loan when it’s originated. Under today’s accounting rules, banks don’t book loan losses until they have evidence that a loss will occur. This change...
