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Property taxes rising nationwide - Eventually this reaches the breaking point, as it did in the PRC in 1978, sparking Proposition 13.
Aide Takes Blame for Tax Return Snooping Provision - So, it wasn't an immaculately conceived provision after all. It was actually added by an oblivious human being who has no concept of the principles of privacy. Thanks to TaxProf Paul Caron and his sources for the latest on this topic. Unfortunately, this kind of thing happens all the time. The actual language in tax and all other laws is actually drafted by staffers and none of our elected rulers take the time to read the entire text before casting their votes. Sometimes these little hidden gems are discovered before the final vote; but most of the time nobody, other then the persons who snuck the text in, notice them until after it is passed. If they are outrageous enough, they may be changed in the technical corrections bill that inevitably follows many major pieces of legislation.
- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 12/03/2004 12:21:00 PM Send this post:
