Related Posts

You Can Forget That Deal on the Estate Tax

Yes, the brain trust known as the U.S. Senate has managed to prolong the agony on the estate tax. There was a deal on the table as of yesterday but you can forget it! Hard to believe this could happen. Was it a fundamental disagreement on the proposal? Was it because everyone was broken up that Arlen Specter?


No, it’s mostly because some people (the R’s) don’t like that other people (the D’s) are being fraidy cats about not having enough votes:

Senate Minority Whip Jon Kyl (R-Ariz.) said the accord, which was all but forged a week ago, began to dissolve Monday night and broke down Tuesday after talks between leaders in both parties.

After talks with Senate Finance Chairman Max Baucus (D-Mont.) and Senate Minority Leader Mitch McConnell (R-Ky.), they scrapped a plan to move forward with the tax that expired at the end of 2009.

The reasoning, Kyl said, is that Senate Democrats aren’t allowing any legislation to reach the floor that doesn’t have support from the majority of its members.

“We no longer have an agreement because the Democratic side has decided that unless a matter has a guaranteed majority of Democratic votes going in, they’re not going to allow it on the floor, at least not voluntarily,” he said. “So we have to find a way to get a reasonable permanent estate tax reform to the floor where members can vote on it.”

For crissakes. This is this biggest case of “I’m taking my ball and GOING HOME” we’ve seen this week.

Joe Kristan does put the whole thing in perspective however, “Congress has been botching the estate tax for almost ten years now; why should they start getting anything right now?”

Kyl: Senate deal off on estate tax [On the Money/The Hill via TaxProf]
Estate Tax Deal? Not so Fast [Tax Update Blog]

The Ernst & Young Las Vegas Office Should Try to Nab This Guy for Their Next Singalong

It’s fair to say that of all the fine accountants that participated in the E&Y video from earlier this week, none of them will be bagging a Grammy any time soon (regardless of what the E&Y bigwigs say).


That being said, there is at least one accountant out there who must decent enough pipes to garner this headline:

The Singing Accountant set to be this year’s Susan Boyle?

Not surprisingly, the young lad is a little timid:

Christopher is an accountant who lacked confidence to follow his singing dream. After years of hiding his talent, his family finally persuaded him to pluck up the courage and audition for the show.

“I’ve come to Britain’s Got Talent to audition today mainly from pressure from my parents, more than anything else. They’ve been telling me for years and years that I need to do something like this.”

If Simon Cowell says this, “I think you have a really, really good voice,” then that’s a pretty good indication that you’ve got a better than average singing voice (unfortch there’s no video at this time).

As opposed to what he might have said to the E&Y LV peeps, which we might be something along the lines of:

A) That’s the worst performance I’ve ever heard.

B) That would make my labrador howl uncontrollably for hours.

C) That explains why your pay was frozen.

D) I know Jim Turley, and when he gets wind of this, you’re all going to be fired.

E) Now I know why Lehman Brothers failed.

Now you go.