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Some People Need to Get Some Perspective on This Tax Cut Compromise

Posted on December 15, 2010 by Caleb Newquist

“The fact that the Republicans got a reduction in the death tax from 55 percent to 35 percent I think made the deal even better. […] I’m a little surprised that some Republicans are scoffing at it.”

~ Steve Forbes can’t quite believe what he’s hearing.

Posted in Quote of the DayTagged Estate tax, Rich guys, Tax cuts

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Next: Accounting News Roundup: Many Americans Aren’t Sold on Tax Deal; Pretax Cap for Commuting Stays Put; PwC Flooded with Apps in UK | 12.15.10

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Accounting Convergence Will Claim Some Bodies

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“I am proud to say that so far my fellow board members and our staff, both FASB and IASB, have risen to the occasion. But I do fear potential burnout, as it’s not so easy to be running a marathon at sprint speed.”

~ Bob Herz, admitting that maybe these accounting wonks might be working too hard.

  • Quote of the Day

Quote of the Day: Is Michael Koss a Sad or Happy Clown? | 03.04.10

  • Caleb Newquist
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“Michael Koss is a clown. He does not belong on the board of directors of any company. He needs to be minding his own company, and until he can clean things up there, he should not be allowed to go outside and play.”

~ Tracy Coenen, on Mr Koss’ resignation as the Audit Committee Chairman of Strattec Security Corp.

  • Quote of the Day

The Goldman Sachs Hearing – Uncensored! (Literally)

  • Adrienne Gonzalez
  • April 28, 2010

“How about the fact that you sold hundreds of millions of that deal after your people knew it was a shitty deal? Does that bother you at all?”

– Senator Carl Levin (D-MI) to Goldman Sachs’ Daniel Sparks, regarding SEC allegations that Goldman Sachs sold knowingly shitty CDOs to clients.

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Career Advice

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Daily Wire is Pissed Off About a PwC Career Program That Excludes White and Asian Candidates

  • Adrienne Gonzalez
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Although this should have been on their radar already because PwC got sued by America First Legal over it two years ago, conservative muckraking site Daily Wire has just now…

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The Only Piece of Advice You Need to Survive Layoffs at Your Firm

  • Adrienne Gonzalez
  • August 7, 2024

Comment on "How are layoffs decisions really made?" via r/Big4 If it backfires so what, they were going to lay you off anyway. I really hope this advice gets sucked…

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Weekend Discussion: Let’s Talk Counteroffers

  • Adrienne Gonzalez
  • June 29, 2024

Earlier this week, a recruiter told me a story about a job seeker who was already employed but looking to jump elsewhere. She interviewed with a firm that really loved…

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