For the wealthiest among us, anyway. Sure, Alan Grayson’s ideas were helpful but sometimes you need something extra special, you know?
Related Posts
Tax Court Not Convinced That F. Lee Bailey Didn’t Have Fun Owning a Custom-made Yacht
For those of you not familiar, F. Lee Bailey was one of the defense lawyers […]
Quote of the Day: We Will Tax Those Love Handles Right Off | 03.10.10
“While such policies will not solve the obesity epidemic in its entirety and may face considerable opposition from food manufacturers and sellers, they could prove an important strategy to address overconsumption, help reduce energy intake and potentially aid in weight loss and reduced rates of diabetes among U.S. adults.”
~ Researchers from the University of North Carolina, who concluded that an 18% tax on pizza and soda could help adults lose an average of 5 pounds a year.
UBS and IRS Probably Have a Deal, No Toblerones Involved
UBS is going to name names, albeit not all of them, bringing us to ever so close to the bitter end of the whole IRS/UBS standoff.
All the gory details are expected to be released on August 10th, when hopefully everyone will kiss and make up officially.
The focus of the settlement will be around 7,000 or so accounts that are associated with offshore companies and trusts that are possibly tied to some financial shenanigans. Under the potential settlement, UBS won’t turn over any names until after September 23rd, which is the last day for offshore account holders to confess their sinful ways.
Deal Reached in UBS Tax Battle [WSJ]