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Author Archives: Russ
Arena Tax for Sacramento?
Arco Arena is the home of the Sacramento Kings of the NBA. The 442,000 square foot arena opened in 1988. But the owners of the Kings, the Maloof brothers, want a brand new arena, so that they can have more … Continue reading
Posted in Sales Tax
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Sales Tax…On Lap Dances!?!
Sometimes you just can’t make this stuff up. If you’re a proprietor in New York state of “Gentleman’s Clubs,” make sure you add sales tax on those lap dances, if they’re in a private room at your establishment. That’s definitely … Continue reading
Former Strip Club Owner Accused of Tax Evasion
It appears that owning a strip club is an occupation more likely to lead to tax evasion; today’s story is definitely not the first time we’ve seen this charge. In any case, Timothy Ray Cline of Justice, WV (the name … Continue reading
Where There’s Smoke, There’s a Tax
Pity the smokers in California, home of one of the US’s top cigaratte tax rates. Why not buy the cigarettes over the Internet and save on the tax? That’s not a bad idea, except that the Board of Equalization, California’s … Continue reading
Posted in California, Sales Tax
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Waste Not, Want Not
Today the Citizens Against Government Waste came out with their list of wasteful and not wasteful legislators. Given Congress’ propensity to spend on pork, this is an interesting list, and you can find it here. My Congressman, John Campbell, gets … Continue reading
Posted in Legislation
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Hovind Pleads Not Guilty; Dinosour Land Defunct
Kent Hovind, who we wrote about last week, has pled not guilty to 58 counts (mainly tax fraud). His trial was set for September 5th. Hovind claims he’s employed by God; among the charges are violations of bank reporting requirements … Continue reading
Changing Planes Can Be Hazardous to Your Wealth
Almost everyone prefers to fly nonstop rather than changing planes. However, sometimes we just can’t avoid it. Seasoned travelers have learned to avoid certain airports when changing planes because of delays. For one traveler, that delay may end up as … Continue reading
Posted in Gambling
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Demotion In Italian Soccer Scandal
Italy may have won the World Cup, but it’s soccer scandal continues. Three teams have been demoted from Italy’s top league, Serie A, to Serie B. Juventus, of Turin, Fiorentina, and Lazio, of Rome, were all thrown into Italy’s “Junior … Continue reading
Posted in Tax Evasion
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“Tax Relief Is Good. Taxes Are Bad.”
If you’d ask John Q. Public his opinion on taxes, the answer you would receive would probably be the title of this post. And politicians who forget this are usually in for a surprise. This November Californians will vote for … Continue reading
Posted in California
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