IRS Increasing Audits Of Largest U.S. Pension Plans – What I find so amusing about this story (thanks to Janell Grenier) is how those in charge of the biggest pension plan in the country (Social Security) are allowed to do so many things that are completely illegal in the private sector, such as commingling retirement funds and not having actual money or assets in the accounts (unfunded accounts). It’s more of the typical “do as we say, not as we do” hypocrisy from our rulers in DC.

The first rule of holes – Excellent points on how our rulers’ out of control spending is digging an ever increasing hole for all of us.

IRS Warns of “Corporation Sole” Tax Scam

Stiff Court Penalties for Frivolous Appeals to Delay IRS Collections

Any time there is serious discussion of reforming our tax system, so many options are put forward that no single one can achieve an adequate level of popular support. The result is always to just stick with what we have – “the devil we know…”

Schwarzenegger says raising taxes may be unavoidable – As if nobody could see this coming when a RINO was elected as governor of the PRC.

House Defeats Democratic Tax Cut Curbs – The DemonRats will never give up in their efforts to make it harder to reduce taxes than to raise them.

Casino Pulls Ad Aimed at Those in Debt – While I agree that it’s disgusting to promote gambling as the quick and easy way out of debt, there is a double standard here. The Missouri Lottery has been running tons of TV commercials for getting into Lucky Town by playing their game, as I’m sure is done by other State lotteries.