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How Tax Day Turned Into Party Night at the Post Office
The corporate promotions didn’t stop there. A 1999 Associated Press report described dozens of branches across the nation offering free food; music from barbershop quartets, local bands and schools; free scratch-off lottery tickets in Virginia; and even screen tests for the “Got Milk” campaign in Laguna Beach, California. “A radio station in Bridgman, [Michigan], will offer aspirin to tax filers in that community, while in Pittsburgh a local drug store chain is providing samples of [the antacid] Mylanta,” the AP reported. Elsewhere, Uncle Sam appeared at various post offices in Connecticut, Florida, Pennsylvania, Texas and West Virginia.One long-standing Tax Day tradition took place in Lawrence, Kansas. According to a 2011 New York Times article, the Alferd Packer Memorial String Band performed at the post office for decades, playing the “William Tell Overture” as last-minute filers headed inside. “Usually on Tax Day people are so blah, but people were dancing and singing and having fun,” postmaster Judy Raney told the newspaper.And in New York City in the 2000s, the sidewalk outside the James A. Farley Post Office became what one New York Times writer called “our own cour des miracles” [or “court of miracles”], filled with activists, street performers and costumed marketers, including “people who put a bed on the street to advertise a hotel.”E-filing Breaks Up the PartyAs technology changed, Tax Day parties faded. E-filing became available in 1986, though adoption was slow. But by 2011, more than three-quarters of Americans were filing electronically, according to IRS data, and fewer and fewer post offices were staying open late on Tax Day. By 2025, roughly 94 percent of Americans filed their individual tax returns online, the service reports.Still, Smith says it’s fun to remember the Tax Day party era. “People were so creative, with all the giveaways and the radio stations broadcasting live all day from the post office,” he says. “It was quite a memorable time.”
David Einhorn signals caution as his hedge fund Greenlight ... - CNBC
David Einhorn, President at Greenlight Capital, speaking at the 14th CNBC Delivering Alpha Investor Summit in New York City on Nov. 13, 2024.Adam Jeffery | CNBCHedge fund manager David Einhorn said he is focusing on capital protection as markets rally on geopolitical optimism, warning that investors may be underestimating potential downside risks."It probably won't surprise anyone that we are again putting capital preservation at the top of our priorities," Einhorn said in his latest investor letter dated Monday and obtained by CNBC. "With so little downside priced in, we are willing to risk missing out on a possible recovery to position ourselves to play more offense, should one of the downside scenarios materialize."U.S. stocks have rebounded violently with the S&P 500 entirely erasing the losses suffered since the Iran war began. The market is building on the recent gains this week even after U.S.-Iran negotiations over the weekend broke down, as investors remained optimistic that a deal between the two countries was still possible.Stock Chart IconStock chart iconS&P 500 year to dateGreenlight's funds returned 6.5% in the first quarter, outperforming the S&P 500's 4.4% decline. Still, Einhorn said the firm has kept relatively low gross and net exposure, reflecting caution about valuations and the broader macro backdrop."Even the most cautious are investing with a Sammy Hagar inspired mentality: one foot on the brake and one on the gas," he said in the letter. "Nobody wants to miss the V- or even the checkmark-shaped recovery."As the conflict began, Greenlight was already running with relatively low exposure, citing what it viewed as stretched valuations. Einhorn said Greenlight has made few adjustments, trading around index hedges and adding a long position in October oil futures. That bet has risen only modestly, as markets largely expect any supply disruption to be temporary.Performance in the quarter was driven by gains in gold, Acadia Healthcare, DHT Holdings and Core Natural Resources, according to the letter. Greenlight also initiated a medium-sized position in Versant Media Group and smaller stakes in Crocs and SLM Corp.Disclosure: Versant Media is the parent company of CNBC.
More Americans Are Dating Less Due to Rising Costs in 2026 - Mantelligence
Tax Day 2026 reshapes dating as inflation cuts outings but boosts romantic spending via refunds and intentional choices.
Tax Day arrives with Republicans struggling to sell their cuts
The GOP hoped its "big, beautiful bill" would raise its political fortunes, but is finding last year's tax cuts overshadowed by Iran and rising costs.
