Income Earned by Tribal Members on Reservations Now CA Tax-Exempt
The Franchise Tax Board has recently announced that tribal members who live on reservations and who receive income from reservation sources are not subject to [...]
Why Mark Zuckerberg May Never Pay Taxes Again: Buy, Borrow & Die
CNN op-ed: Zuck Never Has to Pay Taxes Again, by Edward J. McCaffery (USC):So, you think you have it bad this tax season. Have you [...]
The Unflappable Iron Lady
In honor of Margaret Thatcher's life I have attached a short clip of a British House of Commons debate with the Iron Lady taking on [...]
California Has A Negative Net Worth in the “Hundreds” of Billions of Dollars
The Sacramento Bee has a headline that reads: "State auditor: California's net worth at negative $127.2 billion".As troubling as that headline is, the most startling [...]
High-Speed Boondoggle? $800 Million to Save 10 Minutes
Admit it. When the federal government talks of investing huge sums of money into high-speed rail you picture aerodynamic bullet trains humming along at 220 [...]
What Are My Chances of Being Audited? IRS Releases 2012 Stats
IR 2013-32; 2012 Data Book, http://www.irs.gov/pub/irs-soi/12databk.pdfIRS has issued its annual data book, which provides statistical data on its fiscal year (FY) 2012 activities. As this [...]