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]
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Hillary Clinton Sounds Like She Would Be Supportive of the Wealth Squads
“The rich are not paying their fair share in any nation that is facing the kind of employment issues [that America is] – whether it’s individual, corporate or whatever taxation forms are.”
~ Secretary of State Hillary Clinton
Brazilian Soccer Star Romario Proves that Hating Taxes is a World-Wide Institution
In another demonstration that the rich and famous either hate taxes or simply play dumb to their existence, Brazilian soccer star Romario has been convicted of tax evasion and faces three and a half years in prison. He’s appealing the conviction so it’s likely that he will end up coaching soccer to troubled youth for five years.
The allegations were that he skipped on paying $500,000 in taxes in 1996 and 1997. Romario’s attorney claims he is innocent because “it’s not his fault” which is a similar excuse that might be used by a third grader who tripped someone at recess.
According to USA Today, Romario also has trouble paying child support having been arrested for it twice, once in 2004 and just a few weeks ago. He was released in both instances after paying what he owed or proving that he had already paid.
Can somebody get this guy an accountant? He’s having a hell of a time with non-soccer responsibilities.
Tax Think Tank Reminds Us That There Are a Lot of Bad Parents Out There
Tax Policy Blog: Cigarettes and Preschoolers Don’t Go Together http://t.co/NBHKp7Z0KZ — Tax Foundation (@taxfoundation) July […]