To get himself psyched up for tonight’s Republican presidential candidate debate, Rand Paul exercised his right to bear arms and literally shot holes in the U.S. tax code. Apparently he’s unaware that they have another copy. Either that or he was expecting a bigger refund. Back in June, he wrote an op-ed piece for the […]
Here's something I didn't expect to read today: It’s been more than 85 years – back in the days when gangsters Dean O’Banion and Al Capone went to war over Chicago – that accountants have felt compelled to carry firearms for personal protection. Yet the anecdotal evidence is that a rising number of accountants are […]
I'm all for the Constitution and all but folks in Mississippi are ALL for the Constitution and all, y'all: Gov. Phil Bryant signed a bill Wednesday creating an annual tax free holiday in for Mississippi sportsmen each fall. The Mississippi Second Amendment Weekend holiday will occur on the first Friday of each September until midnight […]
IRS agents have guns. By that I don't mean huge biceps.1 I mean the things Ted Nugent uses to shoot elk and open beers and unclog toilets. In 2008, when I was about to graduate with my B.S. in accounting, I attended the job fair at Utah Valley State College. No CPA firms were there […]
It's been quite a while since we've checked in with Arkham Asylum escapee Patrick Byrne. For better or worse, OSTK has managed to keep their financial reporting relatively respectable and thus his smiling mug has not graced these pages. Today we pick up the beat again and it's more or less in line with what you […]
The latest treasure dug up by the Treasury Inspector General for Tax Administration: [Criminal Investigation's] firearms training and qualification requirements generally met or exceeded those of other Federal law enforcement agencies. However, TIGTA found that some CI special agents did not meet all firearms training and qualification requirements. Field office management did not always take […]
We kid, we kid. Obviously this was up prior to this year’s “Rank the Hotties 2010” email got loose as the old logo still lives on in Minneapolis.
Which begs the question, did the Twin Cities not get the memo on the launch? We don’t know if there is an internal disciplinary action for this sort of non-compliance but it does demonstrate a shocking lack of attention to detail.
At midnight this morning, a sales tax holiday began in the Bayou State on anything covered under the Second Amendment and a whole bunch of other stuff too.
Louisiana even went to the trouble of slapping together a 30-second ad:
Shockingly, American flags were completely omitted from this ad, which leads us to believe that there isn’t any political motive here, although this is only the second “Second Amendment Sales Tax Holiday.” You can safely assume that prior to 2009, Louisianians were not in fear of their freedom being taken away from them but since arackbay bamaoay started running things, people are arming themselves to the teeth for the impending roundup of gun snatching by the Feds.
For reference, here’s a list of everything that will be tax free but it boils down to this:
• Accessories designed to be used for hunting.
• Shotguns, rifles, pistols, revolvers or other handguns.
• Ammunition intended to be fired from a gun or firearm.
• Animal feed for consumption by game which can be legally hunted.
• Apparel such as safety gear, camouflage clothing, jackets, hats, gloves, mittens, face masks and thermal underwear for use while hunting.
• Off-road vehicles such as all terrain vehicles designed for hunting.
Not listed above but included in the exemption are “Knives that are manufactured and marketed as being primarily for use in hunting,” in case you’re one of those cold-blooded types that prefer killing with your bare hands. This does not include the amazing Ginsu Knife™ or other kitchen miracle blades.
Also not exempt are hunting dogs (taxed?) nor are “toy guns [Ed. note: wait, guns aren’t toys?] and vessels or off road vehicles utilized as children’s toys.” Additionally, “golf carts, bikes, motorcycles, tractors, or motor vehicles which may be legally driven on highways,” aren’t eligible.
So load up people. Hunting season is right around the corner. Although, for the sake of peace, try to leave the Democrats alone.
2010 Second Amendment Weekend Sales Tax Holiday is Sept. 3rd, 4th, & 5th [LA Dept. of Rev. via Don’t Mess with Taxes]
It’s been a while since we shared some cost saving ingenuity from Florida’s CFO–cum-Gubernatorial candidate, Alex Sink. However, this time we learn how she managed to spend some of those savings.
According to the Politics blog of the South Florida Sun-Sentinel, CFO Sink’s Department of Financial Services has “purchased 182 assault rifles – costing $255,000, according to Sink’s office – in the last two years.” When you Google “assault rifle” one of the first links takes you to this.
A spokesman for the wannabe Guv made it plain for those GOP haters (who are all of a sudden against guns?) trying to block Sink from purchasing more BFGs:
The rifles are necessary to protect fraud investigators who deal with “dangerous people,” said spokesman Kevin Cate – arsonists, sophisticated car insurance fraudsters, money launderers. If Republican legislators are taking a shot at Sink with the assault-weapon purchasing ban, “that’s a shot at officer security,” Cate said.
Sink said: “I rely on my law enforcement people to evaluate what the risks are and what they need. I’m going to do everything possible to protect them.”
Look. We’ve got no doubt that some white-collar criminals are dangerous but this seems a tad ridiculous.
On the other hand, since it is South Florida and basically anything can happen (including 10 – 26% returns on arbitraging groceries) perhaps this type of firepower is necessary.