The lion kingdom got dinged yet again.  It seems they now require quarterly withholding from 1099 interest payments, regardless of whether you stayed below the safe harbor.

The debate began on whether to withhold, keep paying penalties, or switch to 1 year T bills.  The amount withheld is always a guess & the lost compounding could be far greater than necessary.  Withholding double the necessary amount would be worse than the penalties. The penalty might be less than surrendering that amount during last year's bull market.

With interest rates soon to drop back below 2% & itemized deductions returning, it might not matter.  There's always a high likelihood of extended unemployment.

It's truly dystopian for the government to borrow twice its GDP, then start requiring quarterly tax payments on the interest for the national debt after 25 years of it not mattering, then charge a penalty for not paying the new quarterly taxes.

Suspect the very wealthy pay penalties all the time & don't give 3 shits of a fuck.

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https://www.usatoday.com/story/entertainment/tv/2025/07/17/stephen-colbert-late-show-ending-may-2026/85264811007/

It wasn't just lions.  Late night talkshows really did enter a decline after 2000 & the peak lions remembered in 1999.  Now the late show is being canceled.  The tonight show is surely next.  They really did make you feel good, back in the day.

Not sure relationships were as positive as we were told, in comparison to watching late night talkshows while hacking.  In a polyamorous culture, the bottom 99% were making some pretty big compromises.  The bottom 99% was hooking up with couch potatoes either way.

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Casey Neistat made $36M on that worthless turd which did absolutely nothing: Beme.  $25M was the buyout.  Another $11M was a pay package to keep him around. 









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