Archive for the 'Economy' Category

Reducing income during retirement to qualify for healthcare subsidy

Saturday, March 27th, 2010

The recent passage of the healthcare overhaul has prompted me to look closer at the issue of early retirement. There is a choice to work less and spend more time with family. Or even retire early and have the government subsidies your health care insurance by keeping income levels below 4x the poverty rate (see [...]

Don’t be too quick to fleece the wealthy

Wednesday, May 27th, 2009

Here’s an interesting article of the unexpected consequence of raising taxes on the rich. Maryland finds that it couldn’t balance its budget last year, so the state decides to increase taxes on the wealthy to close the shortfall. Here’s what happened one year later.
One-third of the millionaires have disappeared from Maryland tax rolls. In 2008 [...]

Housing market in Silicon Valley

Wednesday, July 30th, 2008

Lately, I have been visiting open houses in Silicon Valley (San Francisco bay area), and I have spent quite some time talking to the real estate agents hosting the open houses. Like everywhere else in the U.S., the housing market has slowed considerably in the bay area, and I find that the agents are spending [...]