Web CPA is reporting that Marcum, the firm best known for quizzing potential employees, is purchasing three offices of UHY Advisors (Boston, Hartford and New Haven) effective April 16th.
The addition of the three locations would make fourteenfifteen total for Marcum, who currently only has a Greenwich office in New England. After the deal is closed, UHY Advisors will have fourteen locations well.
No financial details were reported but it is reported that all the UHY employees will be retained by Marcum, pending the successful passing of a rigorous quiz given in a room with no windows, air conditioning and a one hour time limit.
A Marcum spokeswoman declined to comment and a message with UHY was not immediately returned.
Marcum to Buy UHY Offices in New England [Web CPA]
They want to replace a mildly progressive tax with a decidedly regressive tax and make the argument about fairness? You can have an articulate argument about whether income taxes deter economic development. You can have an argument about whether such taxes lead to out migration of people and firms. Heck you can have a philosophical argument about whether society should be able to tax the fruit of your labor (or your trust fund). But you cannot argue with a straight face that replacing an income tax with a broad based sales tax (one that taxes necessities) is fair. That insults people’s intelligence. [