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Extending All the Tax Cuts Would Allow for Some Great Holiday Gift Ideas

Posted on December 2, 2010 by Caleb Newquist

For the wealthiest among us, anyway. Sure, Alan Grayson’s ideas were helpful but sometimes you need something extra special, you know?

Posted in TaxTagged Alan Grayson, chimps, fake tans, Gift ideas, Hef, Jersey Shore, Now I get it, Tax cuts

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Previous: IRS Commish Reminds Congress That If They Blow Off Tax Policy, We’ll Have a Giant Mess on Our Hands
Next: The House Will Have a Half-Ass Vote on Tax Cuts Tomorrow

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  • Tax

The Top Ten Tax Procrastinating Cities

  • Caleb Newquist
  • March 23, 2010

So capital market servants, filed your tax returns yet? No? Too busy, you say? Fine. We’ve all got our excuses. Personally, we’re holding out until Doug Shulman and/or Tim Geithner start returning our calls about their compliance efforts for 2009. Since we’ve been encouraged to not hold our breath on this, we’ve already filed our extension.

But where are most of the kings of putting off the 1040 until the last minute? The greatest concentration of “I’ll do it this weekend” types? The engineers of procrastination station?


Well if you guessed Houston not only are you correct but you’ve got more useless knowledge in your brain than Ken Jennings.

TurboTax’s rankings are based on the largest number of people that file between April 14 – 17. Here are your biggest putter-offers for 2009 (with previous year ranking in parents):

1. Houston – (#2)

2. Chicago – (#4)

3. New York – (#3)

4. Austin, Texas – (#11)

5. San Francisco – (#1)

6. Seattle – (#7)

7. San Diego – (#5)

8. Los Angeles – (#8)

9. Dallas – (#9)

10. Las Vegas – (#10)

This marks the fourth time that H-town has topped this list but we’ll be damned if we can figure out why. Does the humidity and obesity cause a hibernated state that we’re not aware of or is just good old fashioned, “we’re Texans and we hate taxes”? California too. What the hell is their problem?

In order to get to the bottom of this, we asked a friend (and strangely enough, a tax guru) who is a current Los Angeles resident and former resident of Houston to explain and she put in this way:

“Well.. Californians are selfish and think they can do whatever they want to get theirs…and pretty much Texans are the same, but they do it with a smile and an accent.”

Makes total sense now.


Free Tax Filing, Efile Taxes, Income Tax Returns – TurboTax.com

Houston, We Have a Problem [Tax Break]

  • Tax

Save the Date: Senate Hearing on Protecting Taxpayers from Incompetent and Unethical Return Preparers

  • Adrienne Gonzalez
  • April 3, 2014

I may have blown off the PCAOB public meeting this week but this I can […]

  • Tax

Somewhere in Mitt Romney’s 59-point Economic Plan, There’s Something About Tax Reform

  • Caleb Newquist
  • September 6, 2011

That’s right boys and girls. Our economy is such a jumbled clusterfuck that Presidential Ken Doll Mitt Romney and his team had to lay out 59 specific proposals to get this thing turned around. In a USA Today op-ed, Mittens laid out a little preview of this plan and it includes – YEP! – cutting taxes and ultimately overhauling the tax code:

Marginal income tax rates and tax rates on savings and investment must be kept low. Further, taxes on interest, dividends and capital gains for middle-income taxpayers should be eliminated. Our corporate tax rate is among the world’s highest. It leaves U.S. firms at a competitive disadvantage and induces them to park their profits abroad, benefiting the rest of the world at our expense. I will fix these problems with permanent solutions. Ultimately, I will press for a total overhaul of our overly complex and inefficient system of taxation.

Romney seems to be following Jon Huntsman’s lead but for fortunately for Mittens, Huntmsan’s plan wasn’t bulleted and no one heard the speech.

Romney: My plan to turn around the U.S. economy [UST]

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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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  • Adrienne Gonzalez
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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
  • 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…

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