“In the recently-released 2011 State Business Tax Climate Index, New Jersey finally moved out of its last-place ranking on that list, in part due to Christie’s veto of the millionaires’ tax he mentioned during his interview. While it still ranks a pretty dismal 48 out of 50, it proves that improvement is possible, even in a state with a tax policy legacy as historically abysmal as New Jersey’s.” [Tax Foundation]
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Citi Failed to Impress Mike Mayo
- Caleb Newquist
- October 5, 2010
“Citi still seems to have aggressiveness with financial targets (well above historical), accounting (tax credits) and corporate governance. Also, the strategy does not always seem in sync with execution and/or financial reporting.”
~ It isn’t known what the Credit Agricole Securities analyst thinks of the auditors.
Congress: Come Hell, High Water or Spiteful Democrats, We’ll Patch the AMT in the Lame Duck Session
- Caleb Newquist
- November 10, 2010
“We plan to do everything possible to enact AMT relief legislation in a form mutually agreeable to the Congress and the president. We urge the Internal Revenue Service to take all steps necessary to plan for changes that would be made by the legislation.”
~ One of those “letters” that legislators write to bureaucrats as a form of grandstanding. This particular letter was from Max Baucus, Chuck Grassley, Sandy Levin and Dave Camp to Doug Shulman
This Could Easily Be a Member of Congress
- Caleb Newquist
- August 20, 2010
“We are grateful to the courageous taxpayer who came forward to notify the United States attorney’s office of a corrupt public servant.”
~ U.S. Attorney Todd Jones is really just referring to that IRS agent who needed $9,700.