Tax Law

Recent Posts

Apple Sidesteps Taxes – What’s Wrong With That?
Posted on 1 May 2012 by Christopher Bergin

A front-page article in Sunday's New York Times (" How Apple Sidesteps Billions in Taxes ") is getting quite the buzz. A couple of things about the article. While the Times piece recognizes that there is nothing illegal about the techniques... Read More

They Don’t Call It Country and Western Anymore
Posted on 9 Jul 2012 by David Brunori

ABC Studios is going to do a television series called Nashville . The show will, appropriately, be about the country music scene. Nashville is the home of country music. In fact, the city calls itself "music city." It is the home of the Country... Read More

President Romney's Tax Reform
Posted on 18 Sep 2012 by Martin A. Sullivan

If elected president, Mitt Romney will have to make some adjustments to his tax plan. For now he is saying that he wants to lower rates across the board by 20 percent and entirely offset the cost by scaling back tax expenditures unrelated to investment... Read More

Outrage in California
Posted on 17 Dec 2010 by David Brunori

The Los Angeles Times ran a great story yesterday about corporate hypocrisy. Genentech is a California bio tech firm with a market cap of about $100 billion and annual sales of a million. Genentech was also one of the major opponents of Proposition 24... Read More

Tax Mitigation-Avoidance-Evasion
Posted on 5 Jun 2012 by Allison Christians

"Tax avoidance involves arrangement of a transaction in order to obtain a tax advantage, benefit, or reduction in a manner unintended by the tax law. It is an unacceptable manipulation of the law which is unlike legitimate tax mitigation. Mitigation... Read More

State Net Capitol Journal – July 9, 2012
Posted on 9 Jul 2012 by Ted Zwayer

Budget & Taxes AMERICA'S ON-SHORE CORPORATE TAX HAVEN: The unassuming office building located at 1209 North Orange Street in Wilmington, Delaware may not look like it, with its faded awning and parking garage view, but it's home to some... Read More

Free the Puppies, Tax a Millionaire
Posted on 20 Jul 2012 by David Brunori

When I was a progressively minded editorial writer, I was never opposed to higher income taxes. I come from a long line of Brunoris who knew neither terrible poverty nor great wealth. It was easy to shrug off attempts to tax people who were better off... Read More

On the Dole, Corporate Style
Posted on 11 Jan 2011 by David Cay Johnston

Imagine that Congress or your state legislature passed a law tomorrow saying everybody except you got a tax break because the politicians in both parties disliked your business. Even if the loser were Julian Assange's WikiLeaks, that law would... Read More

Attack of the Killer Bs, and Other Snappy Acronyms
Posted on 11 Jan 2011 by Christopher Bergin

Last week Bloomberg ran a story on how U.S. multinational companies use sophisticated techniques to avoid paying billions in U.S taxes – billions that the rest of us get to make up. The designers of these tax “maneuvers” are brilliant... Read More

The GOP Offers a Sound Tax Reform Program in South Carolina
Posted on 10 Mar 2012 by David Brunori

The Republicans in the South Carolina House are preparing a significant reform plan that will vastly improve the state's tax system. Although details are sketchy, the plan will broaden the sales tax base by eliminating two thirds of the exemptions... Read More

Tax Law - It's All About the Beer
Posted on 17 Dec 2010 by Christopher Bergin

The problem with our nation is that most of us have decided the best way to deal with the impending fiscal crisis is to give up nothing, stick our head in the sand and hope the inevitable will go away. The problem with our tax code is that it is corrupt... Read More

Tax Breaks to Take Advantage of Now
Posted on 20 Oct 2011 by Deirdre R. Wheatley-Liss

"Plan for what we know, not for what we think might happen" Mitchell A. Drossman, national director of wealth planning strategies at U.S. Trust, advised in a recent New Your Times piece " Take Advantage of Tax Breaks Now, Experts Say "... Read More

Tags: tax breaks
  • Blog Post: Tax Law - It's All About the Beer

    The problem with our nation is that most of us have decided the best way to deal with the impending fiscal crisis is to give up nothing, stick our head in the sand and hope the inevitable will go away. The problem with our tax code is that it is corrupt. By that I mean it's shot full of special tax...
  • Blog Post: Outrage in California

    The Los Angeles Times ran a great story yesterday about corporate hypocrisy. Genentech is a California bio tech firm with a market cap of about $100 billion and annual sales of a million. Genentech was also one of the major opponents of Proposition 24, which appeared on the ballot in California last...
  • Blog Post: On the Dole, Corporate Style

    Imagine that Congress or your state legislature passed a law tomorrow saying everybody except you got a tax break because the politicians in both parties disliked your business. Even if the loser were Julian Assange's WikiLeaks, that law would be struck down by the courts on any number of grounds...
  • Blog Post: Attack of the Killer Bs, and Other Snappy Acronyms

    Last week Bloomberg ran a story on how U.S. multinational companies use sophisticated techniques to avoid paying billions in U.S taxes – billions that the rest of us get to make up. The designers of these tax “maneuvers” are brilliant people. They take pride in their legal gaming...
  • Blog Post: Tax Breaks to Take Advantage of Now

    "Plan for what we know, not for what we think might happen" Mitchell A. Drossman, national director of wealth planning strategies at U.S. Trust, advised in a recent New Your Times piece " Take Advantage of Tax Breaks Now, Experts Say ". The reason? That nasty little $1.3 trillion...