Tax season is here! For me, it invariably evokes flaws in the tax code, one of which I will highlight in this post. Specifically, I will discuss the outdated and inequitable treatment of capital loss deductions for stocks and bonds. The Capital Loss Deduction: A One-Sided Deal Imagine you buy 1,000 shares of Nvidia at […]

Income inequality is among India’s most pressing socioeconomic problems. Not surprisingly, opposition parties repeatedly highlighted this problem in the recent general election campaign. In this post, let’s explore what to make of this complex economic issue. Inequality Measure The Gini Coefficient (GC) is the most widely used measure of income inequality. It ranges from 0, […]