Case Analysis

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IRS News
January 25, 2015

New Tax Reform Ideas As Of January 2015

New and not-so-new ideas: Allow the Bush-era tax rate cuts for higher-income earners to expire, making the top individual income tax rate 36.9 percent. Institute the "Buffett Rule" to add a new tax rate for households making more than $1 million a year. Buffett is a true American who says he…
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International Tax
January 7, 2015

IRS Practice Units – International

Specialized groups within the IRS are most helpful. For international work, please see: http://www.irs.gov/Businesses/Corporations/International-Practice-Units    
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Quackery
December 20, 2014

Social Engineering And The 1986 Tax Reform Act

Keith Baker's article, below, again starts the discussion on how tax law from 1954 to 1986 to now trips over itself. The few academics who understand tax law excludes, unfortunately, almost every elected official. Thus, how can meaningful tax reform be made law if the lawmakers have no clue about…
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Climate Change
November 19, 2014

USA political parties shun scholarliness, embrace attenuated symbology

USA political parties shun scholarliness, and embrace attenuated symbology postures. Unfortunately, the consequences may be legislation and taxes promoting anti-scientific, faith-based views. See below article.   Eine andere Welt POSTED ON NOV. 14, 2014 BY DONALD PROTHERO | COMMENTS (36) INSIGHT is not a political blog. However, the travelogue format Dr. Prothero has…
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Climate Change
October 14, 2014

UNEDUCATED POLITICIANS TRUMP SCIENCE !!?

    UNEDUCATED POLITICIANS TRUMP SCIENCE !!?   Political talk in the USA largely has been reduced to Fox-News-style smug complaining. There are few discussions – mostly rants. Government is not politics, and politics is not government. Politics is what we see on TV. Government is walking into the Post…
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BK For Everyone
September 12, 2014

Debtor Can File BK Despite Waiver – Nonsense Clauses

A plethora of non-enforceable contract provisions permeate our commerce. Some are humorous, some cause unnecessary consternation. Lenders, vendors and others frequently insert a clause into loan documents and invoices that say, in summary, that buyer or borrower may not file bankruptcy without first paying the lender or vendor. Nonsense!  The policy of…
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Climate Change
August 12, 2014

Mortgages and Climate Change

Climate Change Is Driving More Mortgages Underwater By Laura Kiesel In May, the White House released its Third U.S. National Climate Assessment, which asserted that the adverse impacts of climate change are already being felt around the nation. Now a new report attempts to put a price tag on some…
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"Trickle-Down" Insolvency
June 10, 2014

Inequality is about more than money by Lawrence Summers

Inequality is about more than money By Lawrence Summers 01 PERCENT | 1 PERCENT | EDUCATION | HEALTHCARE | INEQUALITY With Thomas Piketty’s book, Capital in the 21st Century, rising to number 1 on best-seller lists, inequality has become central to the public debate over economic policy. Piketty, and much of this discussion, focuses on the sharp increases in the share…
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Quackery
May 14, 2014

Quackery

Quackery in medicine is parallel to quackery in government. The below essay is one in a series devoted to demonstrate that the human condition seems to need to embrace different forms of quackery whether in science, medicine, government and other institutions. Further, quackery persists despite its debunking. A future essay…
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Creative Liens
April 25, 2014

Unusual Liens

There's PACA, the Perishable Agricultural Commodities Act, a real super-priority. Basically, perishable foods obtain a super priority because, well, they perish and are not recoverable. PACA creates a lien that survives the lifetime of, say, a tomato or grapefruit, and attaches directly to the physical assets, i.e., the furniture, fixtures…
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