Slashdot reports today that, An article at TechCrunch discusses a blog post from Richard Posner, a US Court of Appeals judge, about the struggling newspaper industry. Posner explains why he thinks the newspapers will continue to struggle, and then comes to a rather unusual conclusion: “Expanding copyright law to bar online access to [...]
Entries from June 2009
The Death of Blogging?
June 29th, 2009 · 2 Comments
Tags: News · Opinion · Tax Blogging
Middle-Class Tax Increases: Not Ruled Out Says Obama Senior Advisor
June 29th, 2009 · No Comments
I’ll fight with none but thee; for I do hate thee Worse than a promise-breaker. – Corialanus – Act I, Scene VIII Instapundit notes that White House Senior advisor David Axlerod said yesterday on ABC’s This Week with George Stephanopoulus that President Obama has not ruled out raising taxes on the middle-class, but the President had [...]
Tags: Legislative Watch · Tax Policy
5 Slam Dunk IRS Audit Red Flags
June 29th, 2009 · 21 Comments
Because in any given year the IRS is able to select for audit only a small percentage of tax returns, it employs a sophisticated system for choosing which returns to examine and which returns to accept as filed. The IRS assigns a numeric value to each tax return known as a DIF score. Returns with a DIF score higher than a pre-specified [...]
Tags: IRS Audits
On Line Voting? Are You Out of Your Everloving Mind?
June 28th, 2009 · No Comments
Slashdot reports that Canada (our friendly neighbor to the north) is considering the implementation of an online voting system in response to low voter turnout at the polls: Slashdot readers generally agree that voting machines such as those from Diebold are a bad idea. Well, what about online voting? That is what the Vancouver Sun [...]
Tags: Opinion
See the First Income Tax Return: 6% Top Rate Kicked in at $10 Million
June 27th, 2009 · 1 Comment
I was strolling around the Internet and stumbled across a copy of the very first federal income tax return (PDF). The Sixteenth Amendment imposed a federal income tax on individuals and was ratified by the states on February 3, 1913. It provides that, The Congress shall have power to lay and collect taxes on incomes, from whatever source [...]
Tags: Individual Taxation
Tax Preparer Regulation: My Response to Joe Kristan’s Response to My Response of His Response
June 27th, 2009 · 3 Comments
We simply must bring this debate to a conclusion for I can no longer bear the encomiums. When a miraculously talented blogger like Joe Kristan opens a rebuttal to one of your blog posts by telling the world how “fine” and “excellent” you are, you’d better learn to pucker. Of course I did call Joe a [...]
Tags: Regulation of Tax Preparers
Americans Oppose Big Government, But Still Vote Democrat
June 27th, 2009 · No Comments
John Hinderaker of the mighty Power Line blog cites a new Rasmussen survey that finds that, Just 17% of Americans say the government is more likely to spend its money wisely and carefully than a private business, according to a new Rasmussen Reports national telephone survey. Sixty-two percent (62%) say a private business is more likely to [...]
Tags: Politics · Tax Policy







