Perspective on continuing the TCJA (Tax Cuts and Jobs Act)

Lest we forget, "Major elements ... include reducing tax rates for corporations and individuals, increasing the standard deduction and family tax credits, eliminating personal exemptions and making it less beneficial to itemize deductions, limiting deductions for state and local income taxes and property taxes, further limiting the mortgage interest deduction, reducing the alternative minimum tax... Continue Reading →

A bargain (Egypt Jan 2025)

M and I decided to join forces to buy tshirts at the granite quarry. But the seller kept switching from pounds to dollars. I said I'd bought a T-shirt for $2 the day before but he shushed me as he thought M was the easier mark. At one point he took M's money and counted... Continue Reading →

Desert ride (Egypt Jan 2025)

We were absolutely not interested in the camel rides at the pyramids.  They were skinny, filthy, pathetic animals, with hindquarters and tails dark-stained with diahhrea and dirt. The horses pulling the carts were in similar if not worse shape. They are all roughly treated by the handlers who take pains to not do this in... Continue Reading →

Japan, November 2024 (part 1)

(Note: in the interest of time, I'm posting this with missing pictures which I will update shortly.) For Mr A, this trip was the nexus of several pent up needs, namely a) COVID REVENGE, b) Yen exchange rate arbitrage (low-ish at 0.64USD per 100Yen), c) a long awaited return to Tokyo Disneyland and Tokyo DisneySea,... Continue Reading →

California Insurance Crisis, continued

https://www.bloomberg.com/opinion/articles/2025-01-08/california-wildfires-expose-a-458-billion-hole-in-home-insurance "The glut of homes in increasingly fire-prone places has created an insurance crisis in California, with many big insurers pulling out of the state to avoid more losses. Nearly 500,000 Californians have turned to the state’s insurer of last resort, the FAIR Plan, which has doubled in size over the past five years. The state is now... Continue Reading →

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