Our marginal income tax rate will be 54.1%: 35% Federal, 5.3% State, 3.8% Medicare and 10% for charities (we give away 10% of our pre-tax income; see “A VC’s View on Charitable Giving”). And, if the Bush tax rates expire, add another 5%. This all just covers wages, and it excludes the coming 3.8% investment
Category: Personal
An Entrepreneur from the 16th Century
Last week, I went on a business trip. I had some time in the morning, and so, I went to morning Mass. I am glad I did. That day, the Church was remembering St. Vincent de Paul. He lived in the 16th century. He was a man with a very explosive and bad temper. But,
The NFL Stalemate and Why Zero-Sum Negotiations Suck
9.27 addendum: The strike is resolved. It seems surprising. Over what would be a $125K of cost a team, the NFL owners have locked out their referees. They’re using replacement officials. Play on the field has suffered. Players are getting injured. Some teams have lost games due to blown calls or non-calls. The referees are
“The Good Wife” No More
As you may know, I refer to my wife in these posts as The Good Wife. I do so because one of the reasons I fell in love with her was her “good heart” (a phrase from the Scriptures), one filled with genuineness. Anyone who has met her, I think, would also see that trait.
BBQ Ribs and Personal Anxiety
Over BBQ at Redbones, I had lunch with an entrepreneur whom I’ve long admired from afar. The conversation took a quick turn when we both talked about our personal insecurities. This entrepreneur talked about how he came east from the Midwest, turned down MIT when he was offered a killer financial aid package elsewhere, and
Scotch O’Clock
Cort Johnson, Jeremy Weiskotten and the folks at Terrible Labs invited me to be on “Scotch O’Clock.” They’re behind some cool companies. “The Scotch” is an on-video interview. A bit off the rails (no pun intended, as Terrible Labs is a Ruby on Rails shop). I really enjoyed meeting them and I’m grateful for the