Thrown For a Loss

Without further comment, I pass along a link to the excellent economics writer, Megan McArdle, who is discussing why Net Operating Loss Carryforwards and Carrybacks are a good feature of the tax code. (Ok, one comment. Hint: income averaging.)

And for those who don't care about economics and fairness (or those who do and aren't bored yet), a second link where she discusses strategies for dining out with a partner. Because even if we can't stomach the current election, we probably still have stomachs...