Skip to content
Wednesday, July 29, 2026
Going Concern

When accounting goes unaccounted for

  • News
  • Big 4
    • Deloitte
    • EY
    • KPMG
    • PwC
  • Salaries
    • Latest Salary Articles
    • 2024 Accounting Salary Projections
    • 2023 Accounting Salary Projections
  • CPA Exam
    • 2024 CPA Exam Changes
  • Career
    • Remote Work
    • Career Advice
  • Jobs
  • Leadership
  • Advertise
  • Resources
    • Contact Us

Go Ahead and Ask Harry Reid if Tax Reform Can Be Revenue Neutral; Just Ask Him

Posted on July 25, 2013 by Caleb Newquist

Any tax overhaul “has to be under the total understanding that this can’t be revenue-neutral,” said Reid, a Nevada Democrat. “It can’t be even close to neutral. It has to be a significant tax target.” [Bloomberg]

Posted in TaxTagged all righty then, Harry Reid, significant tax targets, Tax Reform

Post navigation

Previous: Ernst & Young Trusts That Everyone Knows Those ‘Sexy Boys’ Aren’t Building a Better Working World
Next: Footnotes: McCain Wants Better Stripper Tips; Some Thieving Planned Parenthood Fool; Stop Shaming on Social Media | 07.25.13

Related Posts

  • Tax
  • Taxes: Because We're The Little People

Don’t Immediately Dismiss Naming Your Company After a Murderous Dictator

  • Joe Kristan
  • February 24, 2012

We’d all like to settle our taxes for pennies on the dollar.  Sadly, two of […]

  • Tax

Bubba Sparxxx’ Tax Situation Gets Ugly

  • Adrienne Gonzalez
  • June 26, 2012

According to TMZ, Georgia rapper Bubba Sparxxx (real name Warren Anderson Mathis) owes $29,266.88 in […]

  • Tax

Deductible or Not Deductible: Bartender Refuses to Serve Drunk; Drunk Slashes Bartender’s Tires (Allegedly)

  • Caleb Newquist
  • August 30, 2011

As you know, we like to check in on our friends across the pond every once in awhile to remind them about Valley Forge and whatnot and to see if they have managed to straighten up. There are problems aplenty for accountants in the UK and some of the strangest ones are shared with the peanut gallery over at AccountingWEB UK. Today’s problem is kind of fun because it may be one that many of you have been privy to.

I think I know the answer to this but will put it out there anyway.

Publican [Ed. note: that’s the landlord of a pub for the Yankees out there.] refused to serve a “customer” drink on Saturday night. The publican found his 4 tyres slashed after closing time.

Tax deduction?

To me, this seems like one of those situations that qualify as “the cost of doing business” (i.e. that’s life) and thus, not deductible. Think about it. You’re a bartender. You deal with assholes. Often times, these assholes get drunk. It’s your job as a bartender to take note when one of these assholes is drunk and refuse said asshole any further service. Since assholes don’t like being cut off (been there myself a time or two) this is usually taken personally and bad decisions end up getting made (e.g. attempt to walk to another bar, awkward sexual advances, vandalism).

Now, our publican friend would gladly trade any potential tax deduction for the chance to catch the guy who slashed the tires but that ship has sailed. My thinking is that he’s just going to have to let this one go. Other opinions? Fire away.

Accounting Jobs

The next generation of accounting jobs.

Accountingfly connects you with remote accounting jobs in the public and private sectors.

Visit accountingfly.com to find a remote job or to hire remote talent.

  • Remote Tax Accountant/Advisor

    Remote
    • Posted 1 day ago
  • Remote Tax Director

    Remote
    • Posted 1 day ago
  • Remote Tax Manager

    Remote
    • Posted 1 day ago
  • Remote Tax Manager

    Remote
    • Posted 1 day ago
  • Remote Tax Manager

    Remote
    • Posted 1 day ago
Load more listings

See all jobs>>

 

Useful Links

  • Jobs
  • Career Advice
  • Terms of Use
  • Contact Us
  • Submission Policies and Guidelines
  • Going Concern Community Guidelines
  • Privacy Policy
  • Cookie Policy

Jobs

  • Remote Tax Accountant/Advisor

    • Remote
  • Remote Tax Director

    • Remote
  • Remote Tax Manager

    • Remote

Jobs

  • Remote Tax Accountant/Advisor

    • Remote
  • Remote Tax Director

    • Remote
  • Remote Tax Manager

    • Remote

Career Advice

a cat looking quite mad

Daily Wire is Pissed Off About a PwC Career Program That Excludes White and Asian Candidates

  • Adrienne Gonzalez
  • February 7, 2025

Although this should have been on their radar already because PwC got sued by America First Legal over it two years ago, conservative muckraking site Daily Wire has just now…

guy giving double middle fingers

The Only Piece of Advice You Need to Survive Layoffs at Your Firm

  • Adrienne Gonzalez
  • August 7, 2024

Comment on "How are layoffs decisions really made?" via r/Big4 If it backfires so what, they were going to lay you off anyway. I really hope this advice gets sucked…

woman with glasses being interviewed for a job

Weekend Discussion: Let’s Talk Counteroffers

  • Adrienne Gonzalez
  • June 29, 2024

Earlier this week, a recruiter told me a story about a job seeker who was already employed but looking to jump elsewhere. She interviewed with a firm that really loved…

Advertise

  • Media Kit
  • Contact Us

Follow Us

DMCA.com Protection Status
Copyright © 2026 Going Concern

Before you go!

Are you Looking for a fresh accounting career opportunity?

Going Concern now has thousands of open accounting jobs.

Take a look – click here!