A one-hitter is “not perfect.” This is something else.
A starting pitcher heads out to the mound and trips over a bat. He gets up, hits the first batter, walks the next three, and then gives up a grand slam before the manager ends his day. Tax law...
View ArticleExtenders bill a ‘jobs’ bill?
Advocates of HR 4213, the “extenders” mish-mosh, say that they have to pass the hideous barrel of recycled pork, and its attendant tax increases on private equity and small professional S corporations,...
View ArticleBattle over S corporation tax increase continues
The chief Senate taxwriter failed to garner the 60 needed votes for the slightly less stupid version of his tax increase on small professional S corporations last week. Kay Bell reports: Recalcitrant...
View ArticleDoes the S corporation tax increase die today? (Update: dead for now).
I’ll update this post today; scroll down for the latest. The effort to increase taxes on small professional S corporations remains two votes short of passage, and The Washington Post reports this...
View ArticleWill the S corporation tax increase stay dead?
The “extenders” bill, with its tax increases on small S corporations and private equity, fell three votes short of the 60 needed to move it through the Senate yesterday. The Senate leadership is giving...
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