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As both an entrepreneur and a trader I wouldn't lump those together. If you're not looking for outside capital there are thousands of niches where you can start a million dollar a year company, which is decent money. The vast majority of the actual "millionaires next door" got that way by...

Population of North and South Korea - 77 million Population of China - 1.38 billion GDP of South Korea - $1.4 trillion GDP of China - $11.2 trillion The leaders of China are hyper concerned about stability. It is at the root of everything the authoritarian government does. A war and subsequent...

https://en.wikipedia.org/wiki/Rob_Ford

Yeah, careful what you wish for @tortoise. Could be worse, remember Ford?

I've heard the traffic in Metro Manila is gridlocked to the point of absurdity, is that hyperbole or does it really impact your ability to live there?

Sorry dude, your post contained no information and if anything would confuse someone new who might not realize that the post was pointless. That deserves to be pointed out.

Owning a major gas pipeline is even better, since gas is generally the marginal price setter for the LMP auctions. This is a market where players like gas pipeline owners literally have legal insider info, so absent something like that you're certainly playing against a stacked deck if you're...

This thread is just a confederacy of dunces, with the exception of @Handle123 who's well thought out post was I'm afraid sadly wasted on the other participants.

So I have a somewhat jaded view on this because I went to a pretty good business school specifically so I could bring best practices of business to the federal govt, and left to start my own company after 3 years of utter frustration. The problem isn't stupid government employees or fraud...

But not nearly as big a difference as running any company and running a government entity of any kind!

Not to split hairs, but didn't the House version eliminate the deduction for student loan interest and the Senate version made tuition waivers taxable? I wouldn't be surprised if we end up with both in the final version!

Everyone should just post whatever rubbish they want and no-one should dare criticize them? I could post a meaningless string of obscenities in response to your post. That would add nothing to the conversation, it would make the site less useful for all participants, and I would fully expect...

Certainly in a deferred sense, but in all cases you're sticking an un-affordable tax bill to poorer students while they're in school. In all cases the end result is to make it less likely poorer students can attend college, which I just can't see as a good thing in any universe unless you're...

No, you aren't understanding what we're conveying. Schools give tuition waivers to grad students. As I specified in my example, this means that although the school's tuition is $40,000 a year, they may waive $35,000 of that for a student and only charge them $5,000. The Senate version of the tax...

Couldn't agree more!

I'd add the ability for them to price at fractions of a cent while retail traders can't, so they can go to the head of the order queue by putting in an order that is $.001 better than the NBBO.

Definitely possible and I think everyone is holding out hope that about a dozen idiotic features of each bill washes out in conference. However it's pretty unlikely that anything in the Senate bill will be removed if it raises cost or reduces revenue at all, since they have to offset that...

I think he was referring to the provision that tuition waivers for grad students are treated as income. So if tuition is $40,000 per year and you get a tuition waiver and only pay $5,000, you owe tax on $35,000 in "income". This is not the case under current tax law, so it has a pretty...

It makes sense, since the current Republican party is against science and by extension the graduate level education that is required for science to happen.

We only wish!