The U.S. tax code is filled loopholes — credits, write-offs, exceptions and exemptions. This complicated system is costly and time-consuming for taxpayers. And it’s pretty unique to the U.S.
It used to take the Earth 3 billion years, 2,000-degree temperatures, a little carbon and a lot of pressure to grow a diamond. Now, a new machine can do it in five days.
Timothy Nwachukwu for The Washington Post via Getty Images
Buying a bond is usually like going for ice cream (to a regular ice cream place): You pick your flavor, you pay, you enjoy a nice, predictable payoff. Lately though, that’s not the deal.