Tag: corporate-handouts

  • BrokeCon by Design Part 20: Corporate Socialism

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    On a Friday in March 2023, the California banking regulator closed Silicon Valley Bank and handed it to the FDIC. By then most of the money was already moving out the door, pulled by the kind of customers the bank had: startups, venture funds, companies that kept all of payroll in one account. The accounts…

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    Even that’s Odd

  • BrokeCon by Design Part 18: The Rigged Tax Code

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    On October 22, 1986, Ronald Reagan stood on the South Lawn of the White House and signed a tax bill that did something the United States had not done before and has not done since. The Tax Reform Act of 1986 took the top rate on money you make by owning things — long-term capital…

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    Even that’s Odd