Category Archives: Legislation

Two Weeks = California Taxes Owed

Posted on November 5, 2007 by Russ

Suppose you’re an employee of a business in New York, and you reside in New York. You come to California on business for a convention and stay for ten days. Later, you visit relatives in California for a week. Did … Continue reading →

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Be Afraid. Be Very Afraid. (Part 2)

Posted on October 25, 2007 by Russ

Back in March, I ran a post titled, “Be Afraid. Be Very Afraid.” I asked the question, “Did anyone really believe that with a Congress controlled by Democrats we would be looking at lowered spending and/or a decrease in taxes?” … Continue reading →

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Internet Tax Ban Passes House

Posted on October 17, 2007 by Russ

The House of Representatives passed legislation yesterday that would extend the current ban on taxes on the Internet for another four years. The vote was nearly unanimous–405 to 2. The legislation now heads to the Senate, where it likely will … Continue reading →

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War Tax Proposal DOA

Posted on October 4, 2007 by Russ

Three Congressmen proposed on Monday a war surtax—a measure that would increase income tax rates from between 2% and 15% (the top tax bracket would become 50% if enacted). The move is a publicity stunt that has no chance of … Continue reading →

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Phone Taxes

Posted on August 22, 2007 by Russ

Today’s Wall Street Journal has an interesting article about a phone tax battle in Missouri. [Note: $Pay$ Link] Various municipalities have claimed that their city telephone taxes apply to cellular phones; the cellular carriers disagree. On Thursday, a St. Louis … Continue reading →

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A Patently Good Idea

Posted on July 19, 2007 by Russ

Congress is actually doing something smart. According to the TaxProf Blog, the House Judiciary Committee approved a proposal prohibiting patents of tax planning methods. I’m amazed that Congress is actually doing something intelligent.

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An X-Rated Tax

Posted on July 10, 2007 by Russ

Democrats in Sacramento lack nothing in chutzpah. Democratic Assemblyman Charles Calderon is proposing an 8% tax on sexually explicit nightclub acts, sexually explicit pay-per-view movies, X-rated acts in public locations, and sales of sex toys. Forgetting the dubious constitutionality of … Continue reading →

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The Massive Tax Increase You Haven’t Seen or Read About

Posted on May 28, 2007 by Russ

If I told you that you were going to get hit by a massive tax increase, you would rightly ask, “Why haven’t I heard about it on television? Why haven’t I read about it in the media?” But it really … Continue reading →

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Tax & Spend Doesn’t Have to Happen

Posted on May 12, 2007 by Russ

The Presidential election in still 18 months away, but campaigning is in full swing. I haven’t decided who I’m going to vote for, but I have decided on one candidate I won’t vote for. Former Senator John Edwards (D-NC) is … Continue reading →

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Be Afraid. Be Very Afraid.

Posted on March 25, 2007 by Russ

With the Democrats now in control in Congress, it’s time to watch our wallets. My district in Congress happens to be represented by one of the few accountants in Congress, John Campbell. Congressman Campbell is a CPA, and he’s not … Continue reading →

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