Charitable Giving Holds Steady, Report Finds

For Third Year Running, No Member of Congress Voted for Net Reduction in Federal Spending

Contract revisited – With the huge growth of our Federal government over the past ten years, it’s frightening to think of how it would have been if the GOP, who are supposedly the good guys for those of us who still respect the Constitution, hadn’t taken over Congress.

The Reagan Presidency II – Jude Wanniski rebuts the lies about Reaganomics as written by the New York Times’ Marxist columnist, Paul Krugman. As Donald Luskin proves on a daily basis, Mr. Krugman has no credibility and doesn’t even deserve the press he receives exposing his leftist propaganda. It seems that Krugman writes such obvious lies just for the attention it brings him.

This would be funnier to many people who participated in the dot-com bubble if they didn’t have to pay taxes on phony income, such as the AMT on options for stocks that couldn’t be sold. Many people had tax bills of hundreds of thousands of dollars on this phantom income; and many more will if the insane AMT is not repealed or at least made more fair.

Reform AMT

For decades I’ve been writing about the idiocy of the logic behind the arguments of tax protesting scammer Irwin Schiff. Now that he is facing a bill for over two million dollars in taxes and penalties, he is taking a new approach; pleading insanity. I always said his ideas and anyone who fell for them were insane.

Defending the Reagan Deficits

Bank robberies quick source of cash

Are IRA Accounts Exempt From Bankruptcy Creditors? – A local couple will have this issue decided by the US Supreme Court in the Fall.

Just like ’84 – Besides the similarities with the economy 20 years ago, it’s looking more and more like a repeat of the November election results. The ass-kicking Walter Mon-dull received will look tame compared to what we’ll see if John sKerry stays on the ticket.

KPMG Documents Reveal Users of Corporate Tax Shelter – One of the unfair aspects of tax law that we learned in basic accounting classes is that the client confidentiality protection that attorneys can provide doesn’t apply to CPAs. If IRS suspects a CPA firm of helping clients do bad things, they have the power to get the list of all of that firm’s clients and go after them.

Price discrimination – Walter Williams has a good look at the erosion of our freedom by efforts of some people to legislate how private companies may charge for their products and services.

Former Commissioners Say It’s Time to Scrap AMT – It’s well past time to remove this insanely unfair tax.

Confessions of a “Rich” Businessman – Favorite scapegoat of DemonRats and RINOs.

IRS Confirms it is Unlawful for Same-Sex Married Couples to File Jointly – Regardless of how wackos in alternate universes, such as Massachusetts and San Francisco, define marriage, IRS still has the final say for Federal income tax purposes. For State tax returns, it could possibly be a different story.