Tax Politics
The Politics of Taxes
New DoJ Declines to Charge Lois Lerner in IRS Scandal
This past April, some Republicans approached Attorney General Jeff Sessions to look once again into the case of Lois Lerner and the IRS targeting scandal. Today, the Department of Justice released a statement that "reopening the criminal investigation would not be...
The SPLC and Taxes
There have been recent articles about the SPLC and their "millions in offshore accounts." But as a tax accountant, there doesn't appear to be anything illegal or suspicious in the way they invest their funds -- much in the same way that Mitt Romney's items were...
Government Stats Shift in August Jobs Report
As the new jobs report posted 156,000 jobs (forecasted 180,000) and a slight uptick in unemployment (4.4% from 4.3%), CNSNews noticed a shift in government workers stats: The number of people working for the federal government has declined by 11,000 in 2017 while the...
Minnesota’s Pension Funds Revealed To Be In Crisis
Minnesota’s pension fund was recently revealed to be in crisis-mode after changing the accounting formula to more accurately reflect market realities: “The jump caused the finances of Minnesota’s pensions to erode more than any other state’s last year as accounting...
WSJ: JP Morgan and SPLC
The Wall Street Journal's Kimberly Strassel had some sharp words regarding Jamie Dimon's hefty donation to the Southern Poverty Law Center (SPLC): Corporate America will do almost anything to stay on the safe side of public opinion—at least as it’s defined by the...
Wealthy Connecticut is Not So Wealthy
Despite Connecticut's status as one of the wealthiest states in the country, its fiscal health is in rapid decline. A hefty debt load has left the state without a budget for two months as lawmakers squabble how to best deal with the reality of "high taxes,...