Tax Machine Blog™

Category: Politics

Watch this IRS Scammer get scammed

Private Collection Agency v. Internal Revenue Service

(and some thoughts on Private Collection of Tax Debts)   The news media has been reporting this story for over a year now. Foreigners scamming people into paying the stupid tax. But watch what happens when the tables are turned. And stick around after the break to hear about how congress is floating a proposal that…

What if taxing wealth was constitutional? Would it be OK to do it?

It’s common phrase that we hear pundits throw around a lot – “Redistribution of wealth.” The phrase has common appeal too, for obvious reasons. For most people, taking something that “belongs” to one person and “giving” it to another seems unjust. But – does redistribution of wealth really happen in in the U.S.? For the…

Obama, and his “Robin Hood” State of the Union Address

This past summer, Mark Morford wrote an article over at SFGATE referring to Barack Obama as the “best worst president ever.” In the article, he points out some facts of interest: The Dow Jones was “danc[ing] around record highs… The income gap between the 1% and everyone else [was] more demeaning than ever… [and]  banks [hadn’t] fundamentally…