Author Archives: Russ

If We Can’t Win, Let’s Change the Rules

On the Federal level, the Democrats in the Senate want to filibuster President Bush’s judicial nominees. Whether the Democrats in the Senate like it (or not), there’s nothing in the Constitution saying that you can filibuster appointments. The Democrats are … Continue reading

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Richard Hatch: CBS Should Have Withheld Taxes

When we last left Richard Hatch, the $1 million winner from Survivor who didn’t pay his income taxes, he withdrew his plea of guilty. He now claims, in an interview with AP, that CBS should have withheld his taxes because … Continue reading

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The Disneyland Impact

According to the Daily News, Disneyland brings $3.6 billion annually to the local economy. This story details the positive impact of the theme park: $1.62 billion to Orange County (45% of the impact). That mouse brings in a lot of … Continue reading

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Hatch Backs Away From Plea

While I was on the East Coast, Richard Hatch backed off from pleading guilty to tax fraud. Hatch, who won $1 million on Survivor, allegedly did not declare his prize on his tax return. The government has dismissed the charges, … Continue reading

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Just a “Little” Evasion ($200 Million)

As you will undoubtedly read (or have read) in your local newspaper, Walter Anderson has been arrested for allegedly not paying $200 million in Federal and District of Columbia income taxes. Roth & Company’s tax updates (now renamed www.taxupdateblog.com) has … Continue reading

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Cheat $3.7 Million, Pay $1.4 Million

Adult videos can be a lucrative business. Michael S. Morrison of Atlanta owned some adult video stores. In 2000 & 2001, he reported on his tax return lower “booth rentals” because of competition. The IRS felt otherwise. As the Atlanta … Continue reading

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California Warned (Again) on Factory Jobs

California received yet another warning about its’ dreadful business climate. According to this story in the Sacramento Bee, 1.3 million of California’s 1.5 million factory jobs are in danger of being lost. According to the Bay Area Economic Forum, most … Continue reading

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Traveling

This week I’m traveling to Philadelphia and nearby environs so blogging will be close to nonexistent. I’ll be back with updates next week.

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Vox Blogoli 2.2: Whither the GOP

Hugh Hewitt asks, “Does the Senate GOP go McClellan or Grant if Harry Reid goes “Gingrich?” This is a lot more important than just pure politics, which is why I’m responding in a tax blog. First, for the non-Civil War … Continue reading

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Online Poker: North Dakota’s New Revenue Source?

North Dakota HB1509 would license Internet poker within the state, with the hope of tapping a new revenue source. According to North Dakota House Representative Jim Kasper, the bill could bring $500 million to the state. The bill passed the … Continue reading

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