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My youthful utopian idealism gave way slowly to my present
midlife perspective. My life's philosophical and
experiential odyssey overturned many of my presuppositions. I learned over time that many of society's assumptions are
provably false. But it took courage to integrate this
radical reevaluation of life. A few basic principles convinced me to lean toward
libertarian views. I am chronicling three in this article
and four more next week. *1. Centralized power in government fosters corruption. * An
overly powerful government is like hiding all your money in
your front pocket. Everyone can see it.
[click here to read more]
11/10
Review your pre-tax flexible spending accounts against actual expenses
David John Marotta’s article “Real Estate is Not Always an Investment” was featured in The “Aspen Daily News” on November 7, 2011.
Donor Advised Funds offer the charitably inclined new
flexibility for managing gifts to charity. By funding an
account, donors receive an immediate tax deduction for their
contribution and gain the flexibility to direct payouts to
charity on their own timetable. However, donor advised accounts are not for everyone. Before
funding an account of your own, consider the cost. Using a
donor advised fund to manage your charitable donations may
actually diminish the tax benefits of giving. The growing popularity of donor advised accounts is due, in
part, to the hassle-free gifting solutions they offer
givers.
[click here to read more]
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