Cooking For One

Note: In my original posting, I missed that the hike only kicked in at the high income level, and thought the self employment tax was effectively raised from 15.3% to 17.1% starting in 2013. This is the retraction and rewrite.

Lost in the fine print of the medical insurance bill just passed by Congress is a [...]

I’ve been reading the Wall Street Journal for years, and it’s always struck me that one of us is using the term “small business” a little loosely. To the Wall Street Journal, and the political/business chattering classes, a small business is one with sales up to around a billion dollars. To me, a small business [...]

Is it better to learn from your own mistakes or to rely on other people to steer you right? In practice, most people follow a middle path, but the idea behind asking such a pointed question is to draw a stark contrast between the likely outcomes. In the first scenario, making your own mistakes, you can be 100% [...]