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By the time Alexander the Great and his Macedonian army conquered the city of Samarkand in 329 BC, the city had already existed for centuries. Samarkand had been a prominent, vibrant regional capital in the Persian Empire prior to the Macedonians’ arrival. And under Alexander the city flourished even more.
On September 11, 1791, sixteen men disguised themselves as women and waited patiently in a forest outside of Pittsburgh, Pennsylvania for the local tax collector. The tax collector’s name was Robert Johnson. And he was tasked with collecting the new Whiskey Tax that had recently been signed into law. This
Each Friday we highlight a number of important, and often bizarre stories from around the world that my team and I are closely following: Elizabeth Warren wants to destroy centuries of legal standards To take your freedom requires more evidence than to take your money. For now. Criminal convictions depend
You’ve heard me mention Puerto Rico’s amazing tax incentives about a million times by now. Here I am, living in a beautiful place that’s part of the United States… yet I pay ZERO US federal income tax, only a 4% corporate tax for my businesses and ZERO capital gains and
A few months ago, I wrote to you about how New York City wants to tax people who own second homes there. They call it a pied-a-terre tax, and the geniuses behind it believe that it will help plug the city’s $1 billion budget shortfall. Bill de Blasio himself, the
Last week I told you that the US government recently reported a negative net worth of MINUS $75 TRILLION. That’s not a type-o. According to the Treasury Department’s annual financial report for Fiscal Year 2018 (which they just published last week), the US government is hopelessly bankrupt. Now, I’m not
Each Friday we highlight a number of important, and often bizarre stories from around the world that my team and I are closely following: What age do you identify as? It happens way too often here at Sovereign Man… we joke around about the next outlandish demands of Social Justice
Usually around the middle of February each year, the US Treasury Department releases an annual report of the federal government’s financial condition. It’s called the Financial Report of the US Government… and it looks a lot like an annual report that you might see filed by a big company like
My grandfather was just a toddler when soldiers came home from World War One in 1918. They brought the deadly Spanish Flu with them, which killed well over 50 million worldwide. As a young adult, my grandfather struggled through the Great Depression with the rest of the world. And just
In the spring of 1692, an energetic young Scotsman named John Campbell started a new business in central London. Campbell was a goldsmith, and his business sold jewelry and other crafted metals like plates and silverware. But Campbell’s new company had another business line as well: banking. And the company
Today we’re continuing our new weekly feature, where each Friday we highlight a number of often bizarre stories from around the world that we’re closely following. Texas tries to pass a law to legalize lemonade stands run by children When it comes to business, this story pretty much sums up
Maximilian Bern had saved up 100,000 German marks for what should have been a modest, but comfortable retirement. But in 1923, he withdrew every last cent, and spent it all on one purchase: a subway ticket. He rode around his city one last time before returning home, and locking himself
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