Sims Insights

History Lesson: Why The U.S. Will Not Bail Out Puerto Rico, Chicago Or Detroit
May 21, 2015

There are 3 large obstacles for local governments like Puerto Rico, Chicago or Detroit to be financially rescued by the federal government.

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Is There New Light At The End Of The Puerto Rico Tunnel?
May 14, 2015

Late on Thursday night March 14, Governor Garcia-Padilla and Puerto Rico’s elected leadership agreed in principle to a new 2016 budget which proposes to eliminate operating deficits by increasing sales taxes from 7% to 11%.

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Puerto Rico Bond Defaults: Not If, But When & How Many
May 07, 2015

Management squanders a golden opportunity for fiscal recovery; Failure of Governor’s tax plan is not the culprit.

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Boomer Travel Trends: Where to Go, What to See in Your Third Act
April 30, 2015

The generation known for reinventing themselves is reinventing the way we view vacation. Long, leisurely days on the golf course and relaxing poolside are not necessarily their first priorities for trips.

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Preparing for the Greatest Wealth Transfer: What Boomers Need to Know
April 23, 2015

The “greatest wealth transfer” is currently underway as boomers are seeking the most prudent ways to pass along their wealth to their heirs while minimizing their tax burden.

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