Understanding Poverty and Economic Inequality in the United States

Oklahoma TABOR: Let’s Adapt Colorado’s Plan

sKerry, Bush differ sharply on tax policy – Well, duh. That stands to reason when comparing the beliefs of a capitalist versus a Marxist.

John Kerry spells out his prescription for economic disaster.

The House voted to bar IRS from outsourcing tax collection. But, what if the IRS subcontracted with the mob?

Sherry has posted some pictures she took during some of our recent work as volunteer firefighters.

It’s good to see people realizing that John Kerry’s “Tax the Rich” mantra will include just about everyone in its scope.

Things have changed since I was in college.

House Adds Debt Collection Amendment to Treasury Funding Bill

IRS Files $15 Million Claim Against Credit-Counseling Agency – Another scammer gets a little taste of justice.

Tennessee Return Preparer Sentenced in False Tax Claims Case – It’s good when the crooks in our profession are cleaned out.

America loves to hate dastardly CEOs

Hawks tell spenders, ‘Enough!‘

Stocks & Polls Agree on Bush – This is an obvious correlation since the stock market is, for the most part, the bastion of capitalists, who would naturally be more likely to support capitalist George Bush than Marxist John F’ing Kerry.

‘Shooting from the Hip’ on Social Security Reform

John & Teresa Kerry Skimp on Their Income Taxes – Typical elitist liberal hypocrisy.

John Kerry Vows To Raise Wife’s Taxes

Hurricane Porky Blows Through Capitol Hill – Excellent choice of words to describe what our rulers in DC do.

Building Your Own Dynasty – Interesting look at how to set up perpetual trusts.

Improvements Are Needed to Ensure Tax Returns Are Prepared Correctly at IRS VITA Sites – Having started my tax prep career with the IRS’s VITA program in conjunction with Cal State Hayward back in 1975, I have always been well aware that its free service is no match for a professional. We were supposed to be for the benefit of low income individuals, but I can recall working on some fairly high income returns with plenty of business and rental schedules. We didn’t turn them away because of the excellent real life experience it gave us; but those people did get what they paid for.

With Thousands Of Pensions Closing,How Safe Is Yours?

Net operating losses are back for Calif. taxpayers – Deducting NOLs has always been relatively straight forward for Federal income taxes. The number of years a loss can be carried backwards or forwards has been changed a few times; but the mechanics have remained the same. The rulers of the PRC have a long history of tinkering with the deduction as means of shortchanging taxpayers and thus increasing tax revenues. Eliminating carrybacks completely, only allowing a deduction for half of the NOL, and actually suspending the deduction are tricks they have used in Sacramento. We’ll see how long it is before they screw around with it again.

New Zealand Moves to Extend Legal Privilege to Tax Advisors – I generally don’t follow tax issues in other countries; but this reminds me of a long running unfairness in the administration of tax laws in the USA. Not allowing the same level of client confidentiality with info provided to CPAs, EAs and other tax advisors as with actual attorneys has always been just plain wrong. I’m obviously biased in this and perhaps I would think differently if I had continued with my original plan out of high school to become an attorney; but I doubt it.

Bush Not Pleased With IRS Funding – For obvious reasons, I don’t suspect we’ll find a lot of people sharing Bush’s sadness over the fact that IRS isn’t being given hundreds of millions of taxpayer dollars to be used to harass taxpayers.

IRS Appeals Getting Better, Faster, Officials Say – I wish this were true. However, from my real life experiences handling scores of IRS cases, they have often been dragging on for several years at the Appeals level and the Appeals Officers have become much less objective in their approach to viewing the facts of the case and much more protective of the IRS’s side. They have strayed dramatically from the much more unbiased perspective that the San Francisco Appeals Officers used to have back before I abandoned the Left Coast.

Kansas Antitax Primary Spending Causes Campaign Finance Controversy – It looks like the Club For Growth is doing an excellent job in targeting high tax loving RINOs for early retirement. They also had similar success in Wisconsin and Washington State.

Former Atlanta Mayor Campbell Indicted On Corruption and Tax Charges – I can recall several stories over the years by Atlanta radio host Neal Boortz as to Mr. Campbell’s flagrant corruption; so it’s good to see that he will be tasting a bit of justice.

Danger of no tax liability – Good article by Walter Williams on how unfair it is that a smaller and smaller minority of people are having their wealth plundered by a growing mass of people in this country. Of course, since that minority consists of the dreaded “evil rich,” such exploitation will continue without opposition from any of the normal advocates who usually jump to defend other persecuted minority classes in this country.

Do Newspapers Make Good News Look Bad?

What A “Fairer” Tax Code Might Look Like

Industry databases help IRS close a taxing gap

Tax Reform Revisited

Speeches ignore impending U.S. debt disaster. No mention of fiscal gap estimated as high as $72 trillion

Tax reform detour?

GOP renews push to lift IRS ‘muzzle’