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March 29, 2023

When accounting goes unaccounted for

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Bill Clinton

Taxes

Bill Clinton Is Stumped By Mitt Romney’s Tax Returns (or Lack Thereof)

by Caleb Newquist

"It's typical, I think — we all release 10 or 11 years," he told NBC's "Today" show. "I am a little surprised that he only released a year's worth of tax returns. … That's kind of perplexed me." [The Hill]

Deloitte

Caption Contest Thursday: Deloitte’s Shade of Blue Looks Very Familiar

by Caleb Newquist


Deloitte CEO Joe Echevarria and former President Bill Clinton at the Middle Market Perspectives Event in New York.

Taxes

Bill Clinton Wants a Lower Corporate Tax Rate

by Caleb Newquist

“We’ve got an uncompetitive rate,” Clinton told a crowd at the Aspen Ideas Festival on Saturday.

“We tax at 35 percent of income, although we only take about 23 percent. So we should cut the rate to 25 percent, or whatever’s competitive, and eliminate a lot of the deductions so that we still get a fair amount, and there’s not so much variance in what the corporations pay.” [HP]

News

Bernie Sanders Is Technically an Independent but Don’t Hold Your Breath

by Caleb Newquist

“So in my opinion, this is a good bill. And I hope that my fellow Democrats will support it.”

~ Former President Bill Clinton, at press conference today with President Obama (who bailed early), on the tax cut compromise. Meanwhile, Bernie Sanders, at the time of publication, is still going strong.