Powerball. It’s offering a record-breaking $1.5 billion payday if you (and you alone) win. (Of course, to get the $1.5 billion, you have to take it over 30 years; otherwise, you can choose a $930 million lump-sum payment.)
Ornette Coleman died today.
I don’t have any idea how resonant his death is in American culture. I don’t know what pictures the words “Ornette Coleman” conjures up in your mind, if any. But I hope to add a little to that picture.
It’s my understanding that, if I wanted to capitalize on this weekend’s Super Bowl game and optimize my search engines, I’d do a post about what time the game starts. That, though, doesn’t strike me as an interesting question. (Also, there’s no reason to ask me, when Google will tell you without your having to click a link.)
But the game does raise a couple interesting non-start-time questions, and I thought I’d address two of them here. Continue reading
So mostly this blog is about tax. But I don’t spend all of my time thinking about tax: sometimes, I think about music. And, as 2014 comes to a close, I thought it would be worth laying out my top five albums of the year.
These aren’t necessarily the best albums of 2014—though my number one pick is, unequivocally, the best album of 2014—but they’re all great albums, and albums I find myself returning to over and over.[fn]
Of course, being a law professor, I have to add some complexity in. So there are six albums in my top five, plus three that might have made it only I haven’t listened to them enough, plus one that, while not in my top five, is probably the most interesting conceptual listen of the year that is also terrific fun to listen to.
And, without further ado: Continue reading
Like any American who has ever been to a dance or listened to the radio, I’ve heard ABBA’s “Dancing Queen.”[fn1] But in the last week or so, I’ve learned a couple new things about them. A week ago, listening to Sound Opinions’s Valentine’s Day episode, I learned that the band was made up of two married couples.[fn2] And yesterday, thanks to several friends on Facebook, I learned that (a) ABBA used to dress outrageously, and (b) it was apparently for tax reasons. Continue reading
Man, New Jersey apparently must hate Peyton Manning. It’s threatening to tax his Super Bowl earnings at a rate of 51.08% if he wins. Or 101.83% if he loses. Seriously, 101.83%. And that’s just his New Jersey taxes; he’ll also owe federal income tax.
Or so says K. Sean Packard over at Forbes. In a widely circulated blog post,[fn1] Packard explains the tax trap that Manning will fall into by virtue of being the quarterback of one of the two teams playing in the Super Bowl this year. Continue reading
Over at Slate, Matt Yglesias mentions that, in addition to the existential questions surrounding bitcoin, there are a handful of practical questions that need to be worked out. Specifically, he wants to know if bitcoin transactions should be taxed and, if so, how they should be taxed. Continue reading
Well, another week without any significant movement tax-wise.[fn] The closest we came: an old friend with the government came to look at the various manors in Yorkshire, many of which are apparently in bad shape, to evaluate the effect of the war.
So I suspect that next week it’ll get back to what we care about. Until then, well, oh well.
There is, of course, some movement on the tax plot: Continue reading