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Getting Beyond the ‘Buffett Rule’

Warren Buffett, the third-richest man in America, has always been a bit of a traitor to his class. The super rich, Buffett holds, ought to pay income taxes at a higher rate than average Americans because they have the capacity — and good fortune — to contribute...

A Little Historical Perspective on the Latest Forbes 400

The past year, Forbes reported earlier this week, has not been particularly kind to Donald Trump’s personal fortune. The real estate mogul’s net worth has dropped $800 million since September 2015. Last fall, Trump ranked as America’s 121st richest individual. On the...

Donald and the Monaco Yacht Show

One of the more telling moments in last Monday’s Presidential debate has gone relatively unnoticed. That moment came after GOP nominee Donald Trump, during an exchange over taxes, made no move to dispute the charge that he hasn’t paid any federal income tax over...

Sandbagging Customers for Fun and Profit

John Stumpf, the CEO of America’s most profitable megabank, sent me an email earlier this week. Imagine that. The bank Stumpf runs, Wells Fargo, has 268,000 employees. Stumpf must be a very busy man. Especially these days. Wells Fargo has been operating in crisis mode...

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