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The (Muted) Impact of Tariffs on Inflation

The Big Picture

It won’t take very much math to put the effect of tariffs into a broader context. 1 A 10-20% tariff/tax on these goods is ~$350B to $700B. The problem is that tariffs act as a tax increase. The United States is a ~$30 trillion economy; 70% of this annual activity is consumer spending.

Math 310
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At the Money: Meb Faber on Tax Aware ETFs

The Big Picture

Would you like to diversify but also defer paying big capital gains taxes? I’m Barry Ritholtz and on today’s edition of at the money we’re going to discuss how to manage concentrated equity positions with an eye towards diversification and managing big capital gains taxes. And that’s the broad market.

Taxes 130
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Sunday links: money skepticism

Abnormal Returns

on.spdji.com) It's hard to make the math on hedge funds add up. nytimes.com) Budgeting When you do the math, it's hard to find trillions to save in the federal budget. prospect.org) The math on mass deportation doesn't add up. reason.com) Taxing unrealized capital gains is a bad idea. Just ask Norway.

Math 173
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Why Gen 2 Advisors Are a Flight Risk

Wealth Management

Resonant Capital Merges with Tax, Accounting Firm QBCo $2.2B Resonant Capital Merges with Tax, Accounting Firm QBCo Brennan’s experience is indicative of many young advisors working in the RIA space. Brown did the math and decided he needed about 20 clients to break even. Related: $2.2B There was no succession plan coming.”

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Filing Taxes with Multiple Income Streams: RSUs, K-1s, Freelance, and More [Updated for 2025]

Harness Wealth

This article will explore how to navigate complex tax situations arising from multiple income sources, examining various income types, reporting requirements, self-employment obligations, and strategic approaches to record-keeping and tax planning that can help protect your financial interests. What is an RSU?

Taxes 52
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10 Biggest Ideas in “How NOT to Invest”

The Big Picture

Economic Innumeracy : Some individuals experience math anxiety, but it only takes a bit of insight to navigate the many ways numbers can mislead us. We evolved in an arithmetic world, so we are unprepared for the exponential math of finance. Be tax-aware. Investing is simple but hard, and therein lies our challenge.

Investing 314
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When is the Best Time for a Roth Conversion?

Darrow Wealth Management

While a Roth conversion may never make sense for some individuals, for others, early retirement years may be the best time to convert pre-tax accounts to tax-free Roth. Your current and projected future tax rate is often a main component of the decision, but there are other considerations and benefits as well. 4 key benefits.