“Frankly, the people don’t care. My finances are very clean.”
— President Trump, when asked if he would release his tax returns, which he claims are still under audit by the IRS.
Notorious Liar Most Likely Telling Another Lie About His Finances
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The CPA That Cried “IRS!”
“No bureaucracy ever thinks it has all the power it needs.”
~ Joe Kristan can’t see the future (to our knowledge) but he did predict that the IRS would try to extend the tax preparer regulations to CPAs.
Paul Hogan Is Pleased to be Back on U.S. Soil
“I have come to this great tax haven, the USA, where the IRS are gentlemen compared to our lot.”
~ Mick Dundee isn’t making a helluva lot sense but it’s fine, he’s still more or less a celebrity.
Does Anyone Think Chris Van Hollen Actually Knows What ‘Enron-type accounting’ Is?
Anyone?
If you want to call attention to bullshit political games, we humbly suggest, “bullshit political games.” Not this:
“This is a huge loophole for Enron-type accounting … In the rule they pass tomorrow they are going to reiterate that the chair of the budget committee has the authority to come up with his own estimate of the budget impact of various pieces of legislation.”
So aggressive revenue recognition, abusing mark-to-market accounting and SPEs = marginalizing the Congressional Budget Office. Got it?
Dems Accuse GOP Of ‘Enron-Type Accounting’ And Assaults On CBO [HuffPo]