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Tag: Opinion

The president’s personal agony is also a moment of deep national reckoning | Geoffrey Kabaservice | Opinion

October 3, 2020
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| personal

Impending death, as the saying goes, has a way of focusing the mind. There’s no reason to believe President Trump faces imminent death as a result of his recently testing positive for the coronavirus.

But the brief video he released before he went into hospital showed a Trump we’ve rarely seen before: sombre, scared and, perhaps for the first time, truly shaken by the pandemic’s threat to both the nation and himself. It’s conceivable that this momentous new development in the US presidential race, just a month from election day, could restore a seriousness to our politics that it has lacked for quite a while.

Exhibit A in the unseriousness of American political life has, of course, been our tragically inept response to the pandemic. Not all of the blame can be pinned on the Trump administration. The coronavirus has demonstrated a widespread breakdown in national competence that has

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YOUR MONEY: Making gifts in a low interest rate environment – Opinion – Wicked Local

September 30, 2020
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| money


By Timothy Barry

Wednesday


Sep 30, 2020 at 9:00 AM

Columns share an author’s personal perspective and are often based on facts in the newspaper’s reporting or from personal experience.

Largely unnoticed amidst this year’s significant events is the current historically low interest rate environment. These low interest rates present an opportunity for making gifts to family members at a low gift tax cost. This article will discuss three possible transfer strategies that are made more attractive by low interest raes.

Intra-family loans. A loan is not a gift because the lender receives a promise to be repaid. For a loan to be respected by the IRS it needs to be a bona fide debt and contain an interest rate at least equal to the monthly published applicable federal rate (AFR). For loans made in September, the short-term (three years or less) AFR is .14%

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Opinion | Trump Has Sold Off America’s Credibility for His Personal Gain

September 29, 2020
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Mr. Trump also applied pressure to get the leaders of Israel, Bahrain and the United Arab Emirates to the White House for an agreement that many experts believe did little to realize the regional “comprehensive peace agreement” promised by the administration’s official National Security Strategy. Instead, the engagement offered little more than a photo opportunity to help Mr. Trump’s re-election and may have undermined future efforts to achieve lasting and meaningful results in the region.

Mr. Trump’s predecessors have also, on occasion, made decisions and deals that served their political interests. But those deals typically aligned with America’s stated policies and its interests. The problem is that too often Mr. Trump’s deals do not.

And that’s just the deals we know about: Few people have any real idea of what is being promised in other calls and meetings. We may never know. This inconsistent, incomplete and inscrutable patchwork of foreign

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