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HR 4213: Soon-to-be the Worst Tax Enactment of the New Decade?

Posted on June 2, 2010 by Caleb Newquist

“The S corporation tax increase in HR 4213 is a mess and should not be enacted.”

~ Joe Kristan, on the legislation that will hit small business with a 2.9% medicare tax increase.

Posted in Quote of the Day, Small Business, TaxTagged HR 4213, Joe Kristan, Quote of the Day, Small Business

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Previous: The Big 4 vs. Private Sector – Shoulda, Coulda, Woulda?
Next: Accounting News Roundup: PwC Dealt a Blow on Penn. Healthcare Bankruptcy Ruling; Zipcar Going Public; Altria Gets Smoked by IRS | 06.02.10

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Quote of the Day: Ms. Schapiro, Your Response? | 03.23.10

  • Caleb Newquist
  • March 24, 2010

“The S.E.C. seems more interested in needlessly investigating market participants rather than uncovering corporate malfeasance and protecting investors.”

~ Greenlight Capital Press Release addressing the Commission’s failed investigation of Allied Capital.

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Hillary Clinton Sounds Like She Would Be Supportive of the Wealth Squads

  • Caleb Newquist
  • May 28, 2010

“The rich are not paying their fair share in any nation that is facing the kind of employment issues [that America is] – whether it’s individual, corporate or whatever taxation forms are.”

~ Secretary of State Hillary Clinton

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Sarah Palin Didn’t Need Another Reason to Dislike the IRS

  • Caleb Newquist
  • April 27, 2010

“Who would have thought that the IRS would have a favorability rating a third higher than the tea party movement’s? Or that the IRS would be twice as popular as Palin?”

~ David Cay Johnston, on a recent poll that showed the IRS having a 49% favorable rating versus the former governor’s rating of less than 25% (Nancy Pelosi was 29%).

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