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Rob Fitzpatrick blasts British pop star Adele in a recent blog post for complaining about her high tax rate on the millions she’s recently earned. Fitzpatrick reiterates the cliched argument that: Tax needn’t be taxing, the advert simpers, and while that might be true, coughing up your hard-earned will never be anything less than [...] DJ, who posts here sometimes, raises goats, makes goat cheese, and also does taxes. As usual, several baby goats have shown extraordinarily bad timing and decided to be born right before the tax deadline, further adding to the last minute chaos. He has more photos on his blog, and while you’re there, buy some of [...] DJ delves into the convoluted, complicated US tax code as he attempts to determine how to value the cheese he makes for tax purposes. It turns out that we will be valuing our cheese at cost this year. We need that number because the deductible amount of the purchases, called Cost of Goods Sold or [...] Gimme a “Double Irish” and a “Dutch Sandwich” please, says Google and other tech companies. These tax ploys allow them to pay tiny amounts of tax as they shuttle profits around the world, sometimes through companies that have no employees. All this is quite legal, utterly unfair, and shows how our taxes need tightening. [...] From an email I sent out today: Dear Clients and Associates, I have never before asked my professional contacts to take political action. I am not a member of either political party. However, there is a bill pending in Congress that would have devastating effects on small businesses like yours and mine. Congress is about [...] |  | ||||
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