Skip to content
Wednesday, May 13, 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

Some People Don’t Care to Mince Words on Jon Huntsman’s Tax Reform Plan

Posted on September 2, 2011 by Caleb Newquist

[L]et’s just call this Huntsman plan what it really is: a huge, highly confused, poorly defended giveaway to people who earn lots of money from their investments. For people who can live off investment gains, it delivers the pleasure of a tax-free lifestyle. [Joseph Thorndike]

Posted in TaxTagged GOP Presidential candidates, Jon Huntsman, Tax Reform, Taxes

Post navigation

Previous: Silvercorp Metals Asks That You Not Believe Anonymous Letters Alleging Accounting Fraud Just Because They Have Assets in China
Next: Accounting News Roundup: Obama Takes GOP to Task on Taxes; The Post-Labor Day Blues; Microsoft Accountant Taught a Lesson | 09.06.11

Related Posts

  • Tax

Ron Paul Is the Latest GOP Presidential Candidate to Sign the Taxpayer Protection Pledge

  • Caleb Newquist
  • July 14, 2011

And you can bet that it’s going to straight to the vault.

[via @GroverNorquist]
Earlier:
Mitt Romney Unable to Resist the Siren’s Call That Is the Taxpayer Protection Pledge

  • Fraud
  • Tax

The IRS Should Really Reconsider Their Employee Screening Process

  • Caleb Newquist
  • August 13, 2009

IRS_logo-thumb-150x140.jpgIn another case of former a IRS Agent having reckless disregard for their old employer (i.e. the Federal Govt.), a 76 year-old former agent was sentenced to nearly four years in prison for his part in a fraudulent tax scheme that went on from 1998 to 2000. Thomas Steelman was also ordered to pay more than $10 mil back to the Service.
The old guy really worked hard at his craft too:

He took part in promotional meetings, conferences, rallies and telephone conference calls to promote Renaissance’s services and recruit clients, according to prosecutors. Steelman was also a featured speaker on Renaissance’s promotional videotapes.

From the sound of it, this guy Steelman was the Peter Olinto Tim Gearty Rick Duffy of Renaissance, The Tax People, the defunct company he worked for. It disappoints us how the pleasure of serving your country, as crusader for tax compliance, would eventually lead to a life of a scofflaw and tax avoidance. We are truly saddened that there continues to be very few true tax heroes among us.
Ex-IRS Agent Sentenced to 46 Months for Tax Fraud [Web CPA via TaxProf Blog]

  • News
  • Tax

Pennsylvania Lawmakers Invite Citizens to Get on This Fiscal Crisis Thing

  • Caleb Newquist
  • June 19, 2010

Either some Pennsylvania lawmakers are out of ideas for closing the state’s budget gap or they’re sick of the belly aching from the Keystone citizens because they’ve decided to put out there for the ordinary Quakers to give their suggestions for fiscal improvement.

So far there has been approximately 750 suggestions that range from consolidating school districts, “El excess management positions. 15 school districts in one county equals 15 superintendents, health care plans, IT departments, administrative departments, maintenance depts and so on” to downsizing the size of the state legislature, “downsize our legislature, there has been several articles on our size compared to other states whith [sic] smaller legislatures and much larger populations.”

Of course there are less constructive ideas such as the idea of having one huge pee party from “Gary” in Mount Joy (our bolding):

URINALYSIS for everyone who receives their salary from Tax dollars. Every tax dollar that comes out of our pocket pays for every teacher in the state, every state trooper, every state university professor, every congressman. We as taxpayers need to know that our tax dollars are not being used to fund illegal/ illicit drug use. We should have a Urinalysis for Every Teacher, every Congressman, every State worker, Every Professor of the state universities. If that is implemented, you will notice a lot of retirements/resignations. Saving the tax payers loads of money as well as stimulating the workforce because of the jobs that will need to be filled. This Is not an invasion of privacy.

EVERYONE IS ON DOPE!

And then there’s “frank” from York, PA who isn’t buying this pollution nonsense:

get rid of state car inspections & emissions testting [sic] – all the garbage about the air is all made up. And if we are the only country doing so, it proves that the goverment are liars! Yea every knows thats true

“Joe Wehner” from Pittsburgh just feels like hating on the whole process, thankyouverymuch:

Like our government, this site is a joke! They only publish dumb democrat liberal views. GOD Forbid any views that work… They won’t publish views outside of their agenda to ruin America.

But we like we said, there are some decent suggestions.

Pennsylvania website takes taxpayers’ ideas to save money [Philadelphia Inquirer]

URINALYSIS for everyone who receives their salary from Tax dollars. Every tax dollar that comes out of our pocket pays for every teacher in the state, every state trooper, every state university professor, every congressman. We as taxpayers need to know that our tax dollars are not being used to fund illegal/ illicit drug use. We should have a Urinalysis for Every Teacher, every Congressman, every State worker, Every Professor of the state universities. If that is implemented, you will notice a lot of retirements/resignations. Saving the tax payers loads of money as well as stimulating the workforce because of the jobs that will need to be filled. This Is not an invasion of privacy.

EVERYONE IS ON DOPE!

And then there’s “frank” from York, PA who isn’t buying this pollution nonsense:

get rid of state car inspections & emissions testting [sic] – all the garbage about the air is all made up. And if we are the only country doing so, it proves that the goverment are liars! Yea every knows thats true

“Joe Wehner” from Pittsburgh just feels like hating on the whole process, thankyouverymuch:

Like our government, this site is a joke! They only publish dumb democrat liberal views. GOD Forbid any views that work… They won’t publish views outside of their agenda to ruin America.

But we like we said, there are some decent suggestions.

Pennsylvania website takes taxpayers’ ideas to save money [Philadelphia Inquirer]

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 Bookkeeping, Accounting, Tax and Audit Positions

    Remote
    • Posted 1 week ago
  • AO: Senior Accountant, Advisor

    Remote
    • Posted 1 week ago
  • Remote Tax Advisor, CPA Firm

    Remote
    • Posted 2 weeks ago
  • Remote Tax Manager

    Remote
    • Posted 2 weeks ago
  • Remote Accounting & Tax Director

    Remote
    • Posted 2 weeks 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 Bookkeeping, Accounting, Tax and Audit Positions

    • Remote
  • AO: Senior Accountant, Advisor

    • Remote
  • Remote Tax Advisor, CPA Firm

    • Remote

Jobs

  • Remote Bookkeeping, Accounting, Tax and Audit Positions

    • Remote
  • AO: Senior Accountant, Advisor

    • Remote
  • Remote Tax Advisor, CPA Firm

    • 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!