Lauryn Hill Could Use a Hand Here

Posted on by Caleb Newquist

Actually, Judge Madeline Cox Arleo knows that Ms. Hill is a person with "substantial assets" so she's not sure why it has taken so long to come up with the $504k that she owes in criminal tax liability. Nevertheless, Judge Arleo is giving her two weeks to cough it up and Hill's attorney, Nathan Hochman (who is also representing Bryan Shaw, strangely enough) says she's working on obtaining a $650k loan, using two properties as security. Nicolas Cage is NOT impressed. [Star-Ledger] 

Image: Wikipedia

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Inventor of Veg-O-Matic, Pocket Fisherman Said ‘Forget it’ to Company’s Tax Bill

When I was in college I had a roommate who had an odd taste in television. Sure, he liked some sports, Adam Sandler movies and free soft-core porn like the rest of us but what he really enjoyed, what he absolutely relished in, was infomercials.

He recited Ron Popeil demonstrations like he wrote the script. He even took the human interaction down to the psych level (it was his major, after all), telling me that he thought Ron was belittling Nancy for her perpetual doubt about the capabilities of any invention that Ron’s brain could muster. I always thought that Ron was simply too passionate about his products and was simply bringing that passion out in responding to Nancy. That, plus his machines have the noise-making capability of a bulldozer, so he had to yell over them. This usually resulted in a shouting match between myself and my roommate and then we probably got blind drunk.


Anyway, I bring all this up because ol’ Ronny has himself a tax issue in California with Ronco Inventions, LLC and it’s Robert Snell’s tax delinquent scoop du jour:

According to public records, Ronco Inventions LLC owes the state $170,392 in delinquent taxes — or three easy payments of $56,797. Ronco is famed for products such as the parody-worthy Veg-O-Matic, the Pocket Fisherman, and rotisserie ovens. Popeil has turned the infomercial into an art form thanks to catch phrases — “Set it, and forget it!”, “But wait, there’s more!” — and studio audience members who clap like their lives depend on it.

Since Ron is the brains of Ronco, it’s likely that he treats tax issues much like he treated Nancy: with spirited indifference. Which now leads me to wonder if she’s the one in charge of the accounting department. Judge for yourself:

Jon Huntsman Has a Plan for Tax Reform

Unheard-of GOP Presidential candidate Jon Huntsman isn’t doing so well in the race for his party’s nomination. This is probably due to the fact that he seems like a fairly pragmatic fellow and pragmatism isn’t really something that fits in the GOP agenda. I mean, COME ON, the man believes in evolution and trusts scientists on climate change. Clearly he’s going nowhere with those kinds of policy positions.

So, in what will likely amount to another failed attempt to bring some sense to the GOP narrative, Huntsman will give a speech on tax reform and various other issues in New Hampshire.

Huntsman will lay out his plans for tax and regulatory reform, energy independence and free trade in a New Hampshire speech that’s being billed as perhaps the last best chance for Huntsman, who stands far behind the GOP frontrunners in polls, to establish himself as a serious contender for the Republican presidential nomination. “Meeting our challenges will require serious solutions, but above all, it will require serious leadership – a quality in high demand in our nation’s capital, and among my opponents on the campaign trail,” Huntsman will say, according to excerpts released by his campaign. The centerpiece of the plan is a proposal to reform tax rates. The Huntsman plan would eliminate all loopholes, deductions and tax exemptions in exchange for establishing three individual income brackets, taxed at eight, 14 and 23 percent. The Huntsman plan would also eliminate capital gains and dividend taxes, do away with the Alternative Minimum Tax (AMT) and reduce the corporate tax rate to 25 percent.

Now all he has to do is mention God’s role in all of this and he’ll be the frontrunner.

Huntsman to unveil sweeping tax reform [The Hill]