by | Apr 11, 2019

Bernie Sanders has agreed to release his recent tax returns and, while he was at it, confessed to being a “millionaire.” He got that way, he explained, by writing a best-selling book. You, too, could be a millionaire, he said,…

by | Mar 21, 2019

In the wake of Lori Loughlin, Felicity Huffman, and other parents allegedly using the foul means of their considerable means to gain admittance for their children to elite schools, Senator Ron Wyden (D-OR) wants to end deductions for parents who…

by | Jan 14, 2019

In the wake of Rep. Alexandria Ocasio-Cortez telling Anderson Cooper on 60 Minutes that she wants a 70 percent income tax on the superrich, Democratic presidential aspirants outdo one another in endorsing a rate hike. “There was a time in…

by | Apr 16, 2018

The deadline for filing your federal tax return and paying your taxes has arrived. According to the Tax Foundation, as of 2014, the Internal Revenue Code and Regulations exceeded 9,000 pages at an average of 450 words per page. A…

by | Mar 22, 2018

The Tax Cuts and Jobs Act is a relatively good piece of legislation. It frees up funds for industry and increases the amount of income that the average American worker takes home. However, because our tax code is a strange…

by | Dec 19, 2017

The Trump-back tax bill nears the finish line bruised, bloodied but better than what it replaces. The House has just voted on the legislation, passing it 227-203. In the Senate, where the Republican margin for error appears razor thin, the…

by | Nov 8, 2017

Like Franz Anton Mesmer and Dragon Fruit Mad Dog 20/20, our tax code encourages bizarre behavior. Apple, an American company, holds 97 percent of its cash in countries not named the United States of America. Employers hire accountants and lawyers,…

by | Sep 13, 2017

During a recent speech in North Dakota, President Trump referred to the tax code as a “giant self-inflicted economic wound,” and urged Congress to take up the mantle of tax reform. And rightly so. The president, after losing a bruising…

by | Oct 4, 2016

We are all supposed to be shocked, shocked that Donald Trump may have paid no taxes for several years.  Not shocked, mind you, because he did something illegal.  Nobody, so far, is suggesting that.  So it follows that we are…

Sign Up to receive Our Latest Updates! Register