A little more perspective on the whole healthcare tax debate courtesy of Daily Intel.
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No Mr. Wendt, Having Played an Accountant on TV Won’t Help Your Tax Problem
- Caleb Newquist
- June 11, 2010
When who played one of the most treasured accountants in television history can’t manage to use his fictional expertise to get themselves out of a tax jam, you have to start asking yourself – what chance do any other future thespians that play accountants have?
Robert Snell over at Tax Watchdog reports that George Wendt owes the state of California $30,000 in taxes, citing public records.
Robert did his usual diligence asking for the celebrity’s point of view and he managed to get Norm’s agent, Arthur Toretzky who was less than thrilled with the inquiry. Here’s a portion of his response to Robert’s email:
Do you reporters get a charge out of writing this stuff? George is one of the nicest guys in the world and you want to embarrass him. I just don’t get it. How this wold [sic] has changed. Good luck with getting whatever information you need, and I hope this at least puts you in contention for a Pulitzer.
Not sure if Robert responded to Artie but on Tax Watchdog it’s pretty clear why this is important:
Every year, about $345 billion in federal taxes are either late or unpaid, according to the IRS, ripping open holes in budgets and shortchanging schools and public safety. That forces taxpayers to cough up more than their fair share, tax experts say.
Unless you don’t think that’s a big deal. Besides, if he had Ted Danson’s business manager maybe this wouldn’t have happened.
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Donald Trump Once Proposed a One-Time 14.25% Net Worth Tax
- Caleb Newquist
- April 11, 2011
Back in 1999, when the The Donald was also faux-considering a Presidential run, he proposed a one-time 14.25% net worth tax on anyone with a net worth of $10 million that would solve all our national debt problems in a blink of an eye.
According to an article published by CNN in November of ’99, DT crunched the numbers himself and “his proposed 14.25 percent levy on such net worth would raise 5.7 trillion and wipe out the debt in one full swoop.” Of course this was all before the SCOTUS determined the outcome of an election, 9/11, Afghanistan, Iraq, George W. Bush somehow winning re-election, Barack Obama being elected President, The Tea Party, Libya and several seasons of The Apprentice. And seeing how Mr. Trump’s politics change like his hair caught in a a gusty wind, it’d be surprising if he still felt strongly about this particular policy. [CNN via TaxProf]
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Government Shutdown Would Mean ‘Dire Consequences’ to Taxpayers and Practitioners, Says AICPA to Treasury Threateningly
- Going Concern News Desk
- November 29, 2023
While some may think the AICPA’s only purpose is blocking attempts to change CPA licensure […]