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H&R Block Founder Reminds Reporter That’s He’s Poor, Not Sure Why He and the Rest of Middle Class Aren’t Foaming at the Mouth

Earlier this week we were reminded that Warren Buffett is tired of being coddled and paying a lower tax rate (as a percentage of his total income) than his secretary. President Obama, not one to ignore an opportunity, called attention to WB’s comments that rich people should be paying more taxes while he was on the stump in Minnesota.

On the other side, Grover Norquist, who has never met a tax he didn’t hate, offered up a Twitter rebuttal suggesting that the Oracle shut his Blizzardhole and cut the check to Tim Geithner.

Now another fairly well off dude, H&R Block co-founder Henry Bloch has come out in agreement with Buffett, telling the Kansas City Fox affiliate that “[the] current tax code gives too many breaks to the rich.” Bloch, a registered Republican also takes issue with the notion that rich people create jobs, saying that’s “baloney” and that “Rich people don’t create jobs. Companies create jobs.”

Bloch continued on his rant, wondering why the peasants are taking this so well and then reminded the reporter interviewing him that he was one of those people.

Bloch says the middle class should be furious that the rich pay so little in taxes, hiding money in trusts and with their kids. “You probably pay a higher rate than I do… and yet my income is probably many times what yours is.” Bloch said to FOX 4 Reporter Rob Low.

Unconfirmed reports have indicated Mr. Low then hung his head in shame while Bloch’s stepped away to maintain the space between them.

The Middle Class Should Be Furious, Another Millionaire Says [Fox4KC]

Give It Up Tax Protesters, You’re Just Screwing Yourselves

Of the adherents of strange and puzzling belief systems – 9/11 Truthers, Fed groupies, Cubs fans – few work so hard to screw themselves as tax protesters.

By their own account, twww.rothcpa.com/archives/000480.php”>spend “thousands of hours” reading their arcane tracts, expanding on theories of why the 16th Amendment is a figment of our imagination, or why a gold-fringed flag means you’re in an admiralty court, which somehow undoes the income tax.


Or why the federal tax law only covers the District of Columbia and federal forts, or why Section 861 says U.S. source income isn’t taxable. The result? They still owe the taxes, penalties, and maybe $25,000 idiot fees from the tax court – and that’s if things go well. If they go badly, they go very badly.

Every year the IRS updates its handy debunking of tax protester arguments. It does little good. You can spend hours trying to talk tax protesters out of their ideas, but they move effortlessly from one gold-fringed bad idea to another, and they can almost sound like they make sense, until you get outside and get some fresh air. But there is one common problem in all of these “Tax Honesty” arguments: they don’t work.

No matter how convinced you are that Irwin Schiff’s theories of the income tax are true, that there is no income tax, all of the federal judges think there is one. So does the IRS, the Federal Marshals Service, and pretty much everyone in the Bureau of Prisons. What they say trumps what Irwin says, which is why the poor man is likely to die in jail.

But what about the glorious courtroom triumphs of Lloyd Long, Vernice Kuglin and Tom Cryer? They were acquitted by juries! Yes, these guys beat criminal charges. Why the juries voted the way they did, we’ll never really know. Maybe they were nullifiers, striking a blow against the income tax. Maybe they decided that the defendants really believed their schtick, so they didn’t “willfully” fail to pay their taxes. But these acquittals debunk the income tax only if the O.J. acquittal debunks California’s murder statute. Even though these guys didn’t go to jail (unlike many, including their pied piper, Irwin Schiff), they still have to pay their taxes.

Maybe you’re reading this and thinking “Of course he says that. He does taxes for a living. He’s in on the conspiracy!” If so, come on. If this stuff actually worked, I wouldn’t grind my way through every tax season pretending there is an income tax. If it worked, I would just talk to a few of my wealthiest clients, work out a deal to take 5% of their income for the next 10 years in return for making their taxes go away, wave my wand, and spend March in Mesa.

But here I am, grinding out those returns. That no more makes me “pro-tax” than believing in germ theory makes a doctor “pro-bacteria.” Still, if you really want to ruin your financial life, you’re welcome to choose your poison. But first ask yourself: are all of these big companies and rich guys who pay taxes crazy or stupid? Or is it just you?