Biden’s scary tax proposal

While at this writing the Biden tax proposal hasn’t been voted on but has been described to include very scary items. First off this is supposed to only “tax” the uber wealthy.  But the tax code itself was to do the same thing in the beginning. Tax a very small...

Who are the world’s movie theater giant today?

I was surprised when I investigated who were the movie monster screen chain in the world.  I expected most to be in China owned and operated, based purely on population. But number one is AMC with 11,041 screens, started in Kansas City Number two is Cineworld, based...

Moviegoers

In a recent Gallup poll, they tracked U.S. adults’ movie attendance using this question periodically between 1988 and 1995 and then more regularly from 2001 through 2007. The latest reading is from a Dec. 1-16 Gallup poll, the first since 2007, and it shows a...

Who owns AMC Entertainment Holdings Inc.

I was talking to a client the other day about movies and they were somewhat resentful that the AMC theaters were mostly China owned.  I thought he was wrong put didn’t say anything.  I thought I had read something different but didn’t remember the details. China’s...

Home Office

I have to admit I am not a friend of the home office.  The thought of depreciating my home, only to recapture the deprecation as ordinary income when I sell it was never a warm fuzzy thought. Granted the IRS safe harbor of up to $1,500 is not a lot.  But as I sit here...

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