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Tax Cuts Can Wait

Posted on November 20, 2010 by Caleb Newquist

“Congress has gone since 2002 without dealing with the December 31, 2010 expiration of the Bush-era tax cuts. What’s another week or two?”

~ Joe Kristan hasn’t considered the risk of tryptophan hangovers.

Posted in Quote of the DayTagged Politics, Tax policy

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Related Posts

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IFRS: Four. More. Years.

  • Caleb Newquist
  • December 7, 2010

Comments reflected “a lot of unanimity around, if we go in this direction, allowing sufficient time for companies to adjust,” said Schapiro in a question-and-answer session following her keynote address to the American Institute of Certified Public Accountants’ national conference on accounting and auditing issues for public companies. “It’s likely to be a minimum of four years,” but that’s still a point for the SEC to decide, she said, assuming it decides to incorporate IFRS into U.S. capital markets. [Compliance Week]

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Steny Hoyer Might Be Calling a Lot of His Colleagues Liars

  • Caleb Newquist
  • June 23, 2010

“We’re lying to ourselves and our children if we say we can maintain our current levels of entitlement spending, defense spending, and taxation without bankrupting our country.”

~ House Majority Leader Steny Hoyer (D-MD) would prefer that everyone quit lying.

  • Quote of the Day

Quote of the Day: Accountant Argues for Naked News | 03.17.10

  • Caleb Newquist
  • March 18, 2010

“She would be prepared to read the news without clothes and only wears the clothes because her employer requires it.”

~ An accountant representing Sian Williams, co-host of BBC Breakfast one, trying to convince a tax tribunal that her clothes should be tax deductible because she has “to look good on screen.” He failed.

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