The Federal Estate Tax Survives a Near-Death Experience

A compromise on the highly contentious levy is part of the sweeping agreement between President Obama and the GOP. The tax is back for two years at a more reasonable 35% rate, with an exemption of up to $5 million for individua…

The 10 Mistakes Investors Most Commonly Make

Meir Statman, one of the nation’s leading experts in behavioral finance (the study of why people do irrational things with their money), has written a new book that shows investors how their mistakes are usually caused by their…

Warren Buffett Says Rich People Should Pay Higher Taxes

Billionaire investor Warren Buffett said that wealthy Americans should pay more in taxes and that the Bush-era tax cuts for high-earners should expire, Bloomberg News reported.

“People at the high end — people like myself — should be paying a lot m…