Search found 3538 matches

by dodecahedron
Mon May 21, 2018 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Are high dividend stocks advantageous for the 15% tax rate?
Replies: 26
Views: 1881

Re: Are high dividend stocks advantageous for the 15% tax rate?

While I know the consensus here is that favoring higher-dividend stocks does not make sense for an equity portfolio, does it make sense for a taxable portfolio used for income in retirement because of the 15% tax rate on dividends? When you realize a long-term capital gain from a mutual fund withdr...
by dodecahedron
Mon May 21, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Check Letter / Notice from IRS Online
Replies: 8
Views: 953

Re: Check Letter / Notice from IRS Online

We regularly travel for a week or two. But we don't use Informed Delivery. I cannt imagine that anything from the IRS would have such a short deadline for response. I think my stress level would be lower without Informed Delivery, so I don't use it. There's something to be said for RudyS's perspect...
by dodecahedron
Sat May 19, 2018 7:29 am
Forum: Personal Consumer Issues
Topic: Road trip Newark NJ to Albany
Replies: 67
Views: 2678

Re: Road trip Newark NJ to Albany

For even more scenic relaxing ride that hugs the river even more, just take Amtrak. Very relaxing watching the river roll by and especially gorgeous in October due to foliage. And no worries about one way car rental drop off fee if you decide just to do it one way. Several picturesque towns where y...
by dodecahedron
Fri May 18, 2018 4:01 am
Forum: Personal Consumer Issues
Topic: Road trip Newark NJ to Albany
Replies: 67
Views: 2678

Re: Road trip Newark NJ to Albany

But if your goal is to get to Albany, probably easier to fly into Newark and take the Garden State Parkway north than to deal with LaGuardia and NYC traffic. If you aren't in a rush to get to Albany, I always found route 9 (east side of the Hudson River) was a nice scenic drive, esp. the parts that...
by dodecahedron
Mon May 14, 2018 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Bicycle insurance? when you're in the roadway like a car
Replies: 38
Views: 3081

Re: Bicycle insurance? when you're in the roadway like a car

What about bicyclists who don't own or drive a car? Or pedestrians who don't drive, for that matter. What kind of insurance should they get? (This is an actionable question for beloved relatives who simply do not drive, for financial, prudence, and environmental reasons.) Pedestrian insurance for p...
by dodecahedron
Mon May 14, 2018 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Bicycle insurance? when you're in the roadway like a car
Replies: 38
Views: 3081

Re: Bicycle insurance? when you're in the roadway like a car

What about bicyclists who don't own or drive a car? Or pedestrians who don't drive, for that matter. What kind of insurance should they get? (This is an actionable question for beloved relatives who simply do not drive, for financial, prudence, and environmental reasons.)
by dodecahedron
Mon May 14, 2018 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Annuity purchased with 401k money
Replies: 6
Views: 841

Re: Annuity purchased with 401k money

If I purchase a fixed immediate annuity with money currently in my 401k, say for $100,000, do I have to pay tax on the $100,000 as a 401k withdrawal, or do I just pay income tax on the monthly income generated from the annuity? Potentially you could do it either way. Method 1) Take a taxable distri...
by dodecahedron
Mon May 14, 2018 11:04 am
Forum: Investing - Theory, News & General
Topic: New inflation-protected ETF launches: iShares Inflation Hedged Corporate Bond ETF (LQDI)
Replies: 27
Views: 2195

Re: New inflation-protected ETF launches: iShares Inflation Hedged Corporate Bond ETF (LQDI)

...Any idea what happened around 2013? I was not aware that TIPS had had negative performance of that scale (probably I should have paid more attention). Indeed. (I guess I can't say "me, too" any more.) Another factor I didn't think of right away, but I have to wonder if it made a difference. In F...
by dodecahedron
Mon May 14, 2018 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Annuity purchased with 401k money
Replies: 6
Views: 841

Re: Annuity purchased with 401k money

If I purchase a fixed immediate annuity with money currently in my 401k, say for $100,000, do I have to pay tax on the $100,000 as a 401k withdrawal, or do I just pay income tax on the monthly income generated from the annuity? Potentially you could do it either way. Method 1) Take a taxable distri...
by dodecahedron
Mon May 14, 2018 6:54 am
Forum: Personal Consumer Issues
Topic: Inexpensive and comfortable outdoor patio furniture
Replies: 7
Views: 743

Re: Inexpensive and comfortable outdoor patio furniture

Ikea outdoor furniture is attractive and very inexpensive. For $49.95, my family and guests have found this model incredibly comfortable. No assembly. Just take it out of the box and unfold and sit! (Also easy to fold and store offseason.) If you are willing to do some assembly (and I am), Ikea's en...
by dodecahedron
Mon May 14, 2018 6:21 am
Forum: Investing - Theory, News & General
Topic: New inflation-protected ETF launches: iShares Inflation Hedged Corporate Bond ETF (LQDI)
Replies: 27
Views: 2195

Re: New inflation-protected ETF launches: iShares Inflation Hedged Corporate Bond ETF (LQDI)

...Any idea what happened around 2013? I was not aware that TIPS had had negative performance of that scale (probably I should have paid more attention). Indeed. (I guess I can't say "me, too" any more.) I noticed it at the time. I had also noticed the also quite dramatic two-year run up leading to...
by dodecahedron
Tue May 08, 2018 1:54 pm
Forum: Personal Consumer Issues
Topic: Do we spend too much on food?
Replies: 71
Views: 5929

Re: Do we spend too much on food?

This is Caduceus's Food Cost Theory© You can only get two of the three things with regard to food simultaneously: (1) Low Costs, (2) Convenience, (3) Taste If you are willing to sacrifice (1), you can get food that is both delicious (taste) and which does not require cooking (convenience). If you a...
by dodecahedron
Mon May 07, 2018 1:26 pm
Forum: Investing - Theory, News & General
Topic: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!
Replies: 92
Views: 8188

Re: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!

why not donate the whole thing to charity? you would not have to worry about it then at all! Non spouses cannot donate inherited IRAs without first withdrawing the funds. I think. Otherwise a great idea. An IRA heir (spouse or non-spouse) who is over age 70 1/2 can make Qualified Charitable Donatio...
by dodecahedron
Sun May 06, 2018 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: ? on income above max SS threshold
Replies: 4
Views: 517

Re: ? on income above max SS threshold

It disappears once you hit that threshold during the year And--it should be noted--that you need to hit that threshold at a single employer before it disappears. If you have worked at multiple jobs that put you over the threshold in combined wages, you will need to wait until you file your income t...
by dodecahedron
Sat May 05, 2018 8:15 am
Forum: Investing - Theory, News & General
Topic: Paying down your mortgage as a way to balance your portfolio?
Replies: 72
Views: 3841

Re: Paying down your mortgage as a way to balance your portfolio?

It seems like the tax write off from the mortgage interest would tip the scales toward buying the bonds. . To the extent this may have been true in the past, it is much less true now. Due to tax law effective in 2018, a growing number of taxpayers will find it in their interests to take the standar...
by dodecahedron
Fri May 04, 2018 6:53 pm
Forum: Investing - Theory, News & General
Topic: Medicare B IRMAA thresholds for 2019?
Replies: 8
Views: 962

Re: Medicare B IRMAA thresholds for 2019?

What I am concerned about is that our AGI will be dangerously close to 170K in a couple of years when I include my predicted RMD. Of course, my tsp could tank but if not, and counting my SSI (currently suspended) and pension, husbands SSI, other income - rent, investments, etc. Important language n...
by dodecahedron
Fri May 04, 2018 5:40 pm
Forum: Investing - Theory, News & General
Topic: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!
Replies: 92
Views: 8188

Re: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!

There was comprehensive legal scholarship by Prof Jim Maule on this issue in a 2007 article here. Note that the only potential problem areas in that paper involved computation of self-employment income, but basis of an IRA does not affect that item at all. This comes up almost every year when I am ...
by dodecahedron
Fri May 04, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!
Replies: 92
Views: 8188

Re: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!

... The IRS has stated that it is generally acceptable to use zero as a basis even if the true basis is not zero... Do you have a reference for this? EDIT: Well I found this, https://ttlc.intuit.com/questions/4155255 , and I guess it makes sense since it's in the IRS favor, but I'd like to see some...
by dodecahedron
Fri May 04, 2018 4:38 pm
Forum: Investing - Theory, News & General
Topic: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!
Replies: 92
Views: 8188

Re: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!

... The IRS has stated that it is generally acceptable to use zero as a basis even if the true basis is not zero... Do you have a reference for this? EDIT: Well I found this, https://ttlc.intuit.com/questions/4155255 , and I guess it makes sense since it's in the IRS favor, but I'd like to see some...
by dodecahedron
Fri May 04, 2018 8:26 am
Forum: Investing - Theory, News & General
Topic: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!
Replies: 92
Views: 8188

Re: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!

Despite what I said above, yeah, I do have to concede that a significant basis is worth tracking and that it can be a pain to do so. I have not had to deal with TIRA basis, but I do recall the annoyances of dealing with basis on gifted securities in the past. It was annoying. I remember telling my h...
by dodecahedron
Fri May 04, 2018 7:56 am
Forum: Investing - Theory, News & General
Topic: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!
Replies: 92
Views: 8188

Re: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!

Every TIRA has basis. It is just that the basis is often zero. The IRS has stated that it is generally acceptable to use zero as a basis even if the true basis is not zero.

Also, non-spouse heirs might be charities, who don't need to care about basis.
by dodecahedron
Thu May 03, 2018 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house and High tax state.. Does it make sense anymore??
Replies: 28
Views: 2181

Re: Buying a house and High tax blue state.. Does it make sense anymore??

House I'm planning to buy is around 800K and I currently pay 32k/year rent. Well its not a typical case, because my landlord hasn't increased rent for 10 years...hez got too many properties to worry about this one and cares more about someone with stable income and keep the house neat.. ( Doesn't m...
by dodecahedron
Thu May 03, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house and High tax state.. Does it make sense anymore??
Replies: 28
Views: 2181

Re: Buying a house and High tax blue state.. Does it make sense anymore??

Your landlord has to pay the same taxes. You just pay them on his behalf in terms of ever rising rent prices. Actually, in many places in NY, your landlord has to pay higher property taxes than you would as the owner-occupant. Many localities offer lower property tax rates on owner-occupied homes t...
by dodecahedron
Wed May 02, 2018 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Ally asking CURRENT customer to provide SSN card?
Replies: 58
Views: 4065

Re: Ally asking CURRENT customer to provide SSN card?

Here is what's printed on form I-9: "Section 2. Employer or Authorized Representative Review and Verification (Employers or their authorized representative must complete and sign Section 2 within 3 business days of the employee's first day of employment. You must physically examine one document fro...
by dodecahedron
Fri Apr 27, 2018 6:50 am
Forum: Personal Consumer Issues
Topic: Amazon to raise Prime membership in US to $119 from $99
Replies: 145
Views: 10752

Re: Amazon to raise Prime membership in US to $119 from $99

I am somehow grandfathered in to a Prime plan set up by my late husband which allows my two adult daughters, my mom, and my sister-in-law to piggyback off my membership (they get free shipping though not the other benefits I get). I will be staying —but i will also renew early this year to at least ...
by dodecahedron
Fri Apr 20, 2018 10:03 pm
Forum: Investing - Theory, News & General
Topic: JAMA article's health implications for asset allocation
Replies: 43
Views: 3609

Re: JAMA study - loss of assets associated with increased risk of death

These results published 4/3/18 in JAMA suggest that really unsuccessful market timing — and other financial disasters — may be hazardous to one’s health. “Among US adults aged 51 years and older, loss of wealth over 2 years was associated with an increased risk of all-cause mortality. Further resea...
by dodecahedron
Wed Apr 18, 2018 12:38 am
Forum: Personal Consumer Issues
Topic: Medicare Questions
Replies: 49
Views: 3302

Re: Medicare Questions

To get back to the OP's questions: Second, I am not comfortable sending the paper form to the billing department with some personal information (particularly her SSN); is there some reason why the provider can't get this info from the hospital? I don't know why the anesthesiology provider can't get ...
by dodecahedron
Wed Apr 18, 2018 12:18 am
Forum: Personal Consumer Issues
Topic: Medicare Questions
Replies: 49
Views: 3302

Re: Medicare Questions

While 500k is a good income, it's not very boglehead to do 800k of work and only get paid for 500k. I thought this was bogleheads?? Are you saying that a pediatrician, who chooses to work in an inner city clinic to treat more than his share of Medicaid patients because he finds it personally reward...
by dodecahedron
Sat Apr 14, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: What is the Boglehead take on Pass-throughs
Replies: 2
Views: 389

Re: What is the Boglehead take on Pass-throughs

Nobody really knows how the pass-through tax applies. I think you answered your own question. With any new tax law, there are many details of implementation left to the IRS to work out. This law has so many massive changes that I expect the IRS will need quite a bit of time to work them all out. In...
by dodecahedron
Sat Apr 14, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: [Help with federal tax return]
Replies: 15
Views: 836

Re: How do you report interest from a checking account on your federal taxes if you are filing MFS?

In non-community property state, the default on a joint account is that it gets split equally. However, if it can be demonstrated that funds were actually contributed disproportionately by one owner, there is a case for unequal split. This is true whether the owners are spouses or not. So, for examp...
by dodecahedron
Sat Apr 14, 2018 11:25 am
Forum: Personal Finance (Not Investing)
Topic: [Help with federal tax return]
Replies: 15
Views: 836

Re: How do you report interest from a checking account on your federal taxes if you are filing MFS?

You're supposed to pay taxes in interest in savings account? Wow, that's messed up The general principle is that all income is taxable unless Congress has passed a law specifically excluding it from taxation. Since there is no law excluding savings account interest from taxes, it is taxable. As to ...
by dodecahedron
Sat Apr 14, 2018 11:15 am
Forum: Personal Finance (Not Investing)
Topic: New York State income tax bracket is not a marginal rate?
Replies: 30
Views: 2049

Re: New York State income tax bracket is not a marginal rate?

Yes, it would be great not to have to pay the onerous taxes, but NY is the state where I started my businesses, where I have lots of friends and family, and where home is. The best financial decision would be to get out of Dodge, but easier said than done. I can relate. While my NYS AGI presents no...
by dodecahedron
Sat Apr 14, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: New York State income tax bracket is not a marginal rate?
Replies: 30
Views: 2049

Re: New York State income tax bracket is not a marginal rate?

Actionable advice: it may be worth moving out of NYS and establishing domicile elsewhere before doing things like selling your business or other assets with a lot of appreciation. If NY tax collection is anything like the feared California Franchise Tax Board you had better move the biz to a new st...
by dodecahedron
Sat Apr 14, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: New York State income tax bracket is not a marginal rate?
Replies: 30
Views: 2049

Re: New York State income tax bracket is not a marginal rate?

The cliff that the OP hit is probably a different one; see page 39 of the IT-201-I Instructions . New York phases out itemized deductions as your AGI increases. The lower phase-outs are gradual, but at an income of $525,001-1,000,000, you deduct half your itemized deductions, and at $1,000,001, you...
by dodecahedron
Sat Apr 14, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: New York State income tax bracket is not a marginal rate?
Replies: 30
Views: 2049

Re: New York State income tax bracket is not a marginal rate?

The cliff that the OP hit is probably a different one; see page 39 of the IT-201-I Instructions . New York phases out itemized deductions as your AGI increases. The lower phase-outs are gradual, but at an income of $525,001-1,000,000, you deduct half your itemized deductions, and at $1,000,001, you...
by dodecahedron
Sat Apr 14, 2018 8:14 am
Forum: Personal Finance (Not Investing)
Topic: New York State income tax bracket is not a marginal rate?
Replies: 30
Views: 2049

Re: New York State income tax bracket is not a marginal rate?

By the way, NYS has a number of odd idiosyncratic tax discontinuities that can affect taxpayers with a wide range of incomes. E.g., there is a NYS sales tax exemption on items of clothing priced at less than $110 per unit (or pair in the case of footwear). If the price of the item hits $110, sales t...
by dodecahedron
Sat Apr 14, 2018 7:51 am
Forum: Personal Finance (Not Investing)
Topic: New York State income tax bracket is not a marginal rate?
Replies: 30
Views: 2049

Re: New York State income tax bracket is not a marginal rate?

If you're taxable income meets the thresholdes shown in the worksheets referenced by dodecahedron, then additional tax is tacked-on. Connecticut has something similar - they call it "recapture." In NY, as teen persuasion noted above, it is called the " millionaire's tax ," since it only applies to ...
by dodecahedron
Sat Apr 14, 2018 7:41 am
Forum: Personal Finance (Not Investing)
Topic: New York State income tax bracket is not a marginal rate?
Replies: 30
Views: 2049

Re: New York State income tax bracket is not a marginal rate?

I donated a substantial sum to a variety of charities in 2017. A donation of 1 more dollar could have saved me $40,000 in state taxes. I am trying to wrap my head around this. I do not believe this is correct. The way the different tax computation regimes splice together around the ~$1M mark is bas...
by dodecahedron
Sat Apr 14, 2018 6:27 am
Forum: Personal Finance (Not Investing)
Topic: New York State income tax bracket is not a marginal rate?
Replies: 30
Views: 2049

Re: New York State income tax bracket is not a marginal rate?

After AGI hits $1,127,550 (on a single return), NYS tax switches to a straight 8.82% of entire taxable income. https://docs.google.com/viewer?url=https%3A%2F%2Fwww.tax.ny.gov%2Fpdf%2Fcurrent_forms%2Fit%2Fit201i_nys_tax_computation_wkshts.pdf Incredibly arcane system with a bunch of different computa...
by dodecahedron
Fri Apr 13, 2018 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: How do I make sure IRS receives my manual tax return ?
Replies: 89
Views: 5983

Re: How do I make sure IRS receives my manual tax return ?

Waiting for a refund does nothing. If the IRS claims you submitted your return late, the fact that you are due a refund does not help you. At best, the penalties and interest for late filing will eat into your refund, or eliminate it altogether. The penalties and interest are calculated as a percen...
by dodecahedron
Fri Apr 13, 2018 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Benefits of using CPA for taxes
Replies: 14
Views: 1756

Re: Benefits of using CPA for taxes

A few years ago before we were married, my husband had the CPA file an amended return for some very big vehicle purchase deduction/credit/whatever it was that the CPA missed and he learned about later because his dad had gotten it, but the law had changed by that point so he didn't get it. he paid ...
by dodecahedron
Wed Apr 11, 2018 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Child in college w/$500 income on W-2 - File taxes?
Replies: 27
Views: 2433

Re: Child in college w/$500 income on W-2 - File taxes?

If she will be applying for financial aid in 2 years (2019-2020 school year), she will need a 2017 tax return to submit. Even if she doesn't need any grants or loans, campus jobs often require a previous tax return be filed with the college. Can you explain this further? This has not been my experi...
by dodecahedron
Tue Apr 10, 2018 9:44 pm
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 79
Views: 11059

Re: Too much Bogleheads.org?

I’m reading “Pride and Prejudice “. Nice counter-balance to Bogleheads.org. It's a different book ( Sense & Sensibility rather than Pride and Prejudice ), but I can't help sharing a favorite Jane Austen quote on matters financial: "People always live for ever when there's an annuity to be paid them...
by dodecahedron
Tue Apr 10, 2018 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Do I have to pay taxes on unrealized dividends?
Replies: 19
Views: 1997

Re: Do I have to pay taxes on unrealized dividends?

Actually there is something you can describe as an "unrealized dividend": a stock dividend . I think those are pretty rare these days. As long as the company issues you a stock dividend (and doesn't give you a choice about it), and as long as you don't sell the fractional share stock dividend, then ...
by dodecahedron
Tue Apr 10, 2018 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: I'm thinking about annuities. Tell me if this makes sense.
Replies: 10
Views: 1071

Re: I'm thinking about annuities. Tell me if this makes sense.

I will start taking SS at age 70 and will get about $22K/year. You should file for surviving spouse (widower) SS benefits right away. Doing so will in no way reduce the amount of your own work record SS benefits that you will also receive at age 70. You can file retroactive six months to your wife'...
by dodecahedron
Tue Apr 10, 2018 8:01 am
Forum: Investing - Theory, News & General
Topic: Introduction to Treasury Inflation Protected Securities (TIPS)
Replies: 53
Views: 4942

Re: Introduction to Treasury Inflation Protected Securities (TIPS)

I think that it would have been much easier to explain how TIPS work in inflation-adjusted terms. Actually, when thinking in inflation-adjusted terms, it becomes obvious that nominal bonds are complex while TIPS are much simpler . I disagree. Taxes on TIPS are computed on the nominal return, not th...
by dodecahedron
Tue Apr 10, 2018 7:13 am
Forum: Investing - Theory, News & General
Topic: Introduction to Treasury Inflation Protected Securities (TIPS)
Replies: 53
Views: 4942

Re: Introduction to Treasury Inflation Protected Securities (TIPS)

I think that it would have been much easier to explain how TIPS work in inflation-adjusted terms. Actually, when thinking in inflation-adjusted terms, it becomes obvious that nominal bonds are complex while TIPS are much simpler . I disagree. Taxes on TIPS are computed on the nominal return, not th...
by dodecahedron
Mon Apr 09, 2018 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Mandatory IRA Distributions at 70 1/2
Replies: 6
Views: 1026

Re: Mandatory IRA Distributions at 70 1/2

Off the top of my head, let's change #Cruncher's example to make 70th birthday in December, so there's a full 12 months of SS benefits in year 1. Also, let's make the RMD $50K instead of $20K. I am pretty sure that it makes sense to defer at least some of the first year's RMD prior to 4/1 of year 2....
by dodecahedron
Sat Apr 07, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: [Help completing the TN state tax return]
Replies: 73
Views: 2451

Re: Can you go back and forth in the future between filing taxes as married jointly or separately?

Yes, you can change from year to year as you wish. However, if you wish to *amend* a previously filed return, you are limited in directionality. You can amend a previously filed return from MFS to MFJ during the entire three year period after you filed the original return. However, once the filing d...
by dodecahedron
Thu Apr 05, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: Bill Bernstein, new podcast
Replies: 56
Views: 6095

Re: Bill Bernstein, new podcast

Zvi Bodie says stocks get riskier with time, not less risky. With a PhD in Economics from MIT, i'm going to trust he's not mistaken. More to the point: 1. You can find a prominent economist on every side of every debate. This is certainly true, and I know there are other economists with PhDs from M...