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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

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Related Posts

  • IRS
  • Tax

Suge Knight Really Needs a 2Pac Comeback to Get Him Out of This Tax Lien

  • Caleb Newquist
  • March 8, 2010

Suge Knight may be the heir apparent to Nicolas Cage for the King of celebrity tax trouble. There have been several minor liens thrown in here and there and Nas’ $3+ million tax lien was certainly impressive but Suge’s looks like a solid leader for the crown right now.

We should note that for the purposes of celebrity tax issues, Joe Francis does not qualify since he’s technically a “douche” and not a “celebrity”. Also, since the $33 million-ish lien just up and disappeared (we’re assuming that Lucifer is somehow involved) he’s off the hook.

Anyhoo, so being tardy on taxes seems to be a common occurrence but Suge seems to be going for the tardiest of the tardy. He has managed to avoid paying a tax lien, originally filed in 2003, for his 1996 tax return. TMZ is reporting that the lien was re-filed in January and that he owes $6,578,696.31.


TMZ is also reporting that in child support papers filed by Suge’s baby mama, it was revealed that his net income is only $1,207 so paying this lien is going to need some kind of resurrected 2Pac comeback somethingorother.

The blog Baller Status also reports that last month “several personal items he had tucked away in storage were auctioned off to the highest bidder after he failed to pay the storage fees. Belongings such as furniture, TVs, and even a large photo of himself with the late Tupac Shakur were sold.”

So whenever you’re feeling a little down about your own dire personal financial situation or think about your crappy pay, just remember that you could be Suge Knight.

Suge Knight — Old School Tax Lien [TMZ]

  • Tax

Tax Policy Center and Wall Street Journal Still Trying to Out-nerd Each Other Over Mitt Romney’s Tax Plan

  • Caleb Newquist
  • August 30, 2012

Remember how the tax wonks at the Tax Policy Center wrote a paper that said, […]

  • Tax

Over a Third of Accountants Would Rather Get Divorced Than Experience a Sales Tax Audit, Says This

  • Adrienne Gonzalez
  • May 6, 2014

Fun statistic of the day courtesy Avalara: 37% of accounting professionals said a sales tax […]

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

  • Adrienne Gonzalez
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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…

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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…

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Weekend Discussion: Let’s Talk Counteroffers

  • Adrienne Gonzalez
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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…

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