Tax Attorney and tax blogger Kelly Phillips-Erb said that an IRS agent hung up on her the other day in IRS Gone Bad: Are Things About to Get Worse? Over the years, I’ve represented a lot of clients. I’ve listened to hours and hours of IRS hold music. And I’ve had a lot of conversations with [...]
Tags: IRS procedure · Taxpayer Advocate
David Logan of Tax Policy Blog writes in The Income Tax Burden of the Top 1%: A Geographical Perspective: In 2009, the top 1 percent of taxpayers—1,379,822 of them—paid more than the bottom 90% combined. Geographically, this is equivalent to a city the size of San Antonio, TX paying more in income taxes than every person living [...]
Tags: Politics of Taxes · Tax Policy
Courtesy of Paul Caron, here is a must-watch interview of New York University Law School Professor Richard Epstein: Richard Epstein: The Income Inequality Myth Watch Does U.S. Economic Inequality Have a Good Side? on PBS. See more from PBS NewsHour. The Daily, Don’t Mind the Gap: Occupiers Blast Economic Inequality but Fail to Notice Growing [...]
Tags: Philosophy · Politics of Taxes · Tax Policy
Corbett Daly of Political Hot Sheet reports that, Secretary of State Hillary Clinton shared a laugh with a television news reporter moments after hearing deposed Libyan leader Muammar Qaddafi had been killed. “We came, we saw, he died,” she joked when told of news reports of Qaddafi’s death by an aide in between formal interviews. [...]
I’ve heard of fear-mongering before but this latest example from Vice President Joe Biden takes the proverbial cake: If the Republicans don’t pass this bill, then rape will continue to rise. Murder will continue to rise; rape will continue to rise; all crime will continue to rise. This is despicable and cheap. Think about it. Any congressman could propose [...]
Tags: News · Opinion · Politics
John Hinderaker of Power Line writes what I wish I wrote about the inconsistency between the left’s objection to corporation’s being treated as people and their repeated accusation that corporations experience the human emotion of greed: Lately, we have heard a lot from the Wall Street occupiers as well as more mainstream Democrats about “greedy corporations.” But wait! This is sheer anthropomorphism: if [...]
Tags: C Corporations · Corporate Tax · Politics of Taxes
Paul Caron has a nice little chart that shows that the rich and the upper-middle class pay much more than their fair share of taxes: Only in the bizarro world of egalitarian, class-warfare utopianism can it be said that the top 10% of income earners are not paying their fair share when they pay 70% of the [...]
Tags: News
