In times of economic uncertainty, new trends always seem to emerge. A recent one that has come to light is the shift toward cash value life insurance for wealthy individuals. One variable that could be attributed to this trend is the perception of a future hike in taxes, which makes this tax-free investment increasingly more attractive to the top tax bracket. Here are some recent facts that I came across that illustrate this new trend: • In 2007, a striking 55 percent of tax-free investment … [Read more...] about A New Trend: “Top One Percent” Shifting Towards Life Insurance
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New Speak in the Capitalist World?
Business Book Review by Constance Devereaux Shaking his fingers, face in a frown, a former professor always cautioned us to avoid the “sloppy thinking” evident in our “sloppy speaking.” He believed most people, students especially, were guilty of vague and ambiguous expressions in everyday speech, with negative consequences for thinking and decision-making. Over the past couple of years, I’ve wondered if a good finger wagging, and a really stern frown, could have steered us from the sort of … [Read more...] about New Speak in the Capitalist World?
