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HR 4213: Soon-to-be the Worst Tax Enactment of the New Decade?

Posted on June 2, 2010 by Caleb Newquist

“The S corporation tax increase in HR 4213 is a mess and should not be enacted.”

~ Joe Kristan, on the legislation that will hit small business with a 2.9% medicare tax increase.

Posted in Quote of the Day, Small Business, TaxTagged HR 4213, Joe Kristan, Quote of the Day, Small Business

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Next: Accounting News Roundup: PwC Dealt a Blow on Penn. Healthcare Bankruptcy Ruling; Zipcar Going Public; Altria Gets Smoked by IRS | 06.02.10

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  • Quote of the Day

Iowa Pastor Practically Begging the IRS to Sue Him, Consume His Life for Years to Come

  • Caleb Newquist
  • October 12, 2010

“I’m tired of pastors submitting to this tyranny — and I’m expecting to try to get the IRS to sue us so that we can take it all the way to the Supreme Court and restore freedom in America’s pulpits.”

~ Pastor Cary Gordon, of Cornerstone World Outreach in Sioux City, Iowa, has some strange ambitions.

  • Quote of the Day

Business as Usual at the SEC

  • Caleb Newquist
  • July 22, 2010

“The SEC at least knew of this issue and tried to inquire when they could.”

~ Don Whalen, AuditAnalytics.com’s director of research, is referring to the Commission’s knowledge of repurchase agreements used by various companies as early as 2004, but could easily be talking about Bernie Madoff.

  • Quote of the Day
  • Tax

Washingtonians Mind Their Own Wallets

  • Caleb Newquist
  • November 4, 2010

“Antitax voters clearly won a victory on Tuesday. But it would be a stretch to say that they don’t want higher taxes on the wealthy. More likely, they just didn’t want higher taxes on the nonwealthy.”

~ Robert Frank, on Washington’s rejection of Initiative 1098.

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