Healthcare & Housing Affordability are Election Hot-Button Issues
With elections coming in the US, affordability of healthcare and housing are the hot-button topics dominating policy discussions. July 29, 2019 By: Bobby Casey, Managing Director GWP With the elections coming up, there is a lot of talk about what people can “afford” and how that connects with “living wages”. It’s obnoxious because the political […]
The SECURE Act: Good or Bad for IRAs?
The SECURE Act has a provision in it which puts a wrench in the estate planning strategy of Stretch IRAs, and it looks like a money-grab on the 1%. July 22, 2019 By: Bobby Casey, Managing Director GWP By the end of first quarter in 2017, US total retirement holdings was just over $26 Trillion. […]
Tax Distraction
When people are distracted by who is paying taxes and who isn’t, they miss the part where a crazy tax regime and new recruits aren’t necessary. July 1, 2019 By: Bobby Casey, Managing Director GWP I see these articles flying around incredibly angry about how the “uber rich” aren’t paying taxes from the left… I […]
The Fight Against a Subtle Tyranny
Are hand-outs and welfare rooted in what has been called “the tyranny of low expectations”? Could economic freedom be the antidote to that poison? June 24, 2019 By: Bobby Casey, Managing Director, GWP I heard a very thought-provoking quote from Naval Ravikant. He was addressing the coming of further automation and artificial intelligence (AI). When […]
Market Responses to Currency Failures
There are disturbances in the fiat currency force, which have people pursuing alternative currencies and means of settling payments. June 17, 2019 By: Bobby Casey, Managing Director GWP The government operates on a similar model as that in the Wizard of Oz. It requires that everyone subscribe to the singular way of one central power. […]
Failures in Prohibition, Tariffs, and New Deals
The US hasn’t learned from its own history when it comes to prohibition, tariffs, and New Deals; and the people are going to pay dearly for that willful ignorance. June 10, 2019 By: Bobby Casey, Managing Director GWP Is it just me, or is the US playing some of its greatest disastrous hits of the […]
In Defense of the Gig Economy
The gig economy is the entrepreneurial direction the labor market is taking. It’s essential for workers to be free to adapt to these market changes. June 3, 2019 By: Bobby Casey, Managing Director GWP I don’t know what I’m more upset about: the ridiculous escalation of the trade war or this new war on the […]
The IRS is Shrinking?
The IRS is shrinking in budget and consequently in bandwidth. It cannot afford to enforce or audit the way it has in the past. May 27, 2019 By: Bobby Casey, Managing Director GWP The IRS is shrinking! For the small government folks out there, this is a dream come true! I’m still having a hard […]
Understanding Tax Residency: How CRS Affects Digital Nomads
Banks around the world are reporting their account holders’ information to their official or default tax residences.May 21, 2019 By: Bobby Casey, Managing Director GWP Digital nomads and location independent entrepreneurs often struggle with tax compliance in their home country. Countless penalties and fees for not filing their taxes correctly (or at all) build […]
Italy’s Economy is Latest in EU Debt Crisis
Italy is stuck in recession mode through a combination of EU policies and its own internal follies. What are the implications of this to the EU and the world? May 20, 2019 By: Bobby Casey, Managing Director GWP Some red flags are going up in the EU, and those flags are coming from Italy. Economic […]