You’re Broke, Tax Like It

[This article (by me) is reprinted from The Fuqua Times. It is intended for Second Year (SY) business school students.]

Face it, as an SY, you’re broke. You’re massively in debt. You barely earned five figures this summer. You ain’t payin’ sh*t in taxes. Or iz you?

If your only income this calendar year is the $20,000 you made this summer, you’re probably in a pretty low tax bracket. This is where your good old down-40% 401k comes in. You’re going to have to pay taxes on those 401k distributions eventually, why not take the tax hit now? When are you ever going to be in a lower tax bracket than you are this year?

Top 10 Most Pretentious Bottled Waters

10) Glaceau Smartwater - Sometimes a name doesn't say a lot about the people drinking it.

9) Perrier/Gerolsteiner/S. Pellegrino - These waters are carbonated which means you are not only pretentious but you also hate for your water to taste good.

8) Ethos - Its not enough to pay $4 for a cup of coffee, you go to Starbucks to get ripped off on bottled water too.

6) Fiji - I have seen Jews at school saving their empty bottles and refilling them at the water fountain. MUST be expensive.

5) Voss - Norwegian, Artesian, and the name most likely to come up when playing the word association game and giving the person the phrase "pretentious bottled water".

4) Evian - Evian coming in at only #4 is not to say that the French aren't pretentious, just that they have gotten a little cocky about being pretentious and let others catch up.

3) Trump Ice - Nothing says cla$$y like drinking water with a giant close up picture of Donald Trump's mug on it.

2) Sly Pure Glacial Water - Because when you think premium bottled water the first thing that you think of is water officially sponsored by Sylvester Stalone. $16 per gallon.

1) Bling H2O - Paris Hilton was alleged seen pouring some of this water for her dog. That might not have been enough to make it #1, except for the fact that it costs $40 a bottle.


...You're Welcome

Yerry Jang

So Citigroup announces today that they are going to cut costs by firing 52,000 people and the stock goes down.

Meanwhile Yahoo! fires only ONE guy and within hours the stock goes up in value by $500 million.

Say what you will about executive compensation being out of hand (having the right CEO might not be worth the huge salary), but having the wrong guy sure costs you a ton.

...You're Welcome