Frank's Blog

Sen. Rand Paul recently published an article with his proposal to help the ailing United States health insurance industry.  LINK  What Rand Paul is missing Sen. Paul's article seems to frames the whole health industry issues in terms of " insurance price " and does very little to face the real issue: the state of the " health care system ".   The major theme from the loudest libertarian advocate is that lowering insurance costs will result in lower health costs.  And thereby providing an unproven idea of a more efficient health care.   What is missing is a through analysis of and a modern vision of the true relationship between Insurance <-> Health Care.   The basis for Sen. Paul's proposal is founded on libertarian economic theory that a free market with minimal government intervention is best for the whole.   The question is why should we believe this?  How does returning to a `free market` health system, ie. going back...

Recently, I discovered that I can gift up to $19K (2025) per child tax free - every year.   After investigating I confirmed this and thought about using gifting as a means of avoiding taxes.   In the end it is not that easy.  In this recent case, I wanted to help a daughter with a gift toward the purchase of a new home as an "early inheritance disbursement from my estate".  So I initiated several conversations with trusted financial advisors to learn about using gifting as a means of avoiding ALL taxes from my IRA .    Then, a key questioned was posed to me : "do you oppose paying taxes?". This raised the bigger question - what is my social responsibility to contribute back into the welfare of the state. Another advisor clarified the morally: "a gift is a gift" - and should be given without expecting to receive anything in return.    Good advise but in this case there are 3 parties in the gifting :  the receiver,  myself,...