Interested in the thoughts of Warren Stephens, the Little Rock investments tycoon? Roby Brock has an extensive interview in his latest edition of Talk Business Arkansas.
Hope he's right about one thing: The value of investments in newspapers. He's bullish.
He's all gloom-and-doom about Obamacare, particularly a coming income tax bite to help pay for it. The article didn't explain, however, that the3.8 percent tax surcharge to which he referred is on capital gains and investment income. This income currently (and will still) enjoy preferential tax rates compared with that paid by daily wage slaves and will primarily be paid by the wealthy. You can see where Stephens would be concerned. But I'm also guessing he'll have a few dollars left over after the surcharge.
That quibble aside, it's good insight to a local business giant, all set in the deluxe confines of Stephens' private Alotian clubhouse, with cheeseburger and "to die for" milkshake.