Archive | September, 1993

Volume 2, No. 9


34% + 1% > 35%? The New Clinton and FASB Math For Corporate Taxes:  The Revenue Reconciliation Act of 1993 raised the marginal corporate tax rate by a mere 1%. However, the interplay between that retroactive tax increase and …

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Volume 2, No. 8


Pot Of Gold Or Can Of Worms? Distortions Caused By Overfunded Pensions:  "An abundance of riches" might be the best way to describe the overfunded pension plans of some American corporations. While no investor would suggest that an underfunded …

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