Author Archives: Russ

Another Battle in the Spanish-American War?

Remember the Maine? That was the battle cry for the Spanish-American War. That war was fought in 1898 and was funded by an excise tax on a then luxury, telephone service. Move forward 90 years. The excise tax was still … Continue reading →

Posted in IRS | Comments Off on Another Battle in the Spanish-American War?

Las Vegas 2, Sacramento 0

The Nevada Development Authority is Southern Nevada’s government agency that attempts to draw new businesses to the Las Vegas area. They’ve got a new campaign aimed at California. Why? Well, the California Legislature is making the NDA’s job easy. Here’s … Continue reading →

Posted in California, Nevada | Comments Off on Las Vegas 2, Sacramento 0

Catching Up on the Past

We’ve got some catching up to do. A few miscreants that we reported on have recently reappeared in the news, so here goes. First, our 2008 Tax Offender of the Year, Robert Beale, had his appeal heard earlier this year. … Continue reading →

Posted in Tax Fraud, Tennessee | Comments Off on Catching Up on the Past

Dust in the Wind

I appear to have returned from my vacation full of classic rock. Tonight’s selection is Kansas’ Dust in the Wind. Here’s an excerpt: [Now] Don’t hang on, nothing lasts forever but the earth and sky It slips away, and all … Continue reading →

Posted in California | Comments Off on Dust in the Wind

Welcome to the Hotel California

The Eagles song Hotel California remains a classic rock hit. During my recent vacation I walked through a Hotel California—the California Hotel and Casino in downtown Las Vegas. The California has a Hawaiian theme, and the hotel is popular with … Continue reading →

Posted in Gambling, Hawaii | 1 Comment

Vacation

It’s time for my annual vacation. I’ll be back on Tuesday, August 4th. While on vacation I may post if there’s significant news on the California budget; otherwise, until I return you can catch up on taxes from the bloggers … Continue reading →

Posted in Taxable Talk | Comments Off on Vacation

Tax Changes in the California Budget

The California budget deal will likely be voted on today or tomorrow. There are a number of tax changes in it that will impact Californians: Estimated Taxes Accelerated (Again). Under federal law, taxpayers make four equal (25%) estimated tax payments … Continue reading →

Posted in California | Comments Off on Tax Changes in the California Budget

Federal Toilet Paper Tax?

Via Watts Up With That comes news of Congressman Earl Blumenauer’s (D-OR) proposed Water Resources Protection Act. Buried in this legislation are four new taxes [link opens a Word document] – 3% excise tax on items disposed of in wastewater, … Continue reading →

Posted in Legislation | Comments Off on Federal Toilet Paper Tax?

It’s Official, But the Details Are Lacking

California has a budget deal. That said, the devils is always in the details and those are lacking this morning. What’s known is that local governments (counties and cities) will face a $5 billion cut, the plan includes borrowing and … Continue reading →

Posted in California | Comments Off on It’s Official, But the Details Are Lacking

Budget Deal Done

The Flash Report said this evening that a budget deal is done. “Lots of cuts, lots of borrowing, lots of gimmicks. But from the briefings I have had so far, the cuts are substantial, with mega-billions that are permanent.” The … Continue reading →

Posted in California | Comments Off on Budget Deal Done