Archive for the ‘QUOTATIONS’ Category

State Fair week Buzz

Wednesday, August 18th, 2010 by Joe Kristan

New Jersey tax preparer Robert Flach may be unable to take advantage of the wonders of this year’s Iowa State Fair, but he can browse the virtual fair of the tax blog world. His new “Buzz” roundup of tax blog posts is up!

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Howdy, Jed!

Tuesday, August 10th, 2010 by Joe Kristan

From an anonymous commenter on Ezra Klein’s Washington Post post, Taxing the super-rich:

AGAIN a family of 5 in rural Iowa making $250,000 a year is Jed Clampett rich.
the same family of 5 in NYC is NOT rich.
This could work if Dems were smart enough to separate the rich but alas these are the Dems.

It’s hot here today in Iowa. I may take a break and head out to the cement pond.

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Targeted tax breaks, explained

Friday, May 14th, 2010 by Joe Kristan

Christopher Bergin:



Watch out for the quiet ones

Tuesday, April 20th, 2010 by Joe Kristan

Peter Pappas:

My experience is that lawyers who yell and make loud threats are almost always covering for a lack of legal knowledge and/or a lack of self-confidence. The lawyers to watch out for are the ones who quietly and politely tell you they will see you in court. These guys have a case.

Sounds right to me.


I have lots to say about taxes right now…

Monday, April 12th, 2010 by Joe Kristan

…but it’s probably already been said in Tax Analysts new book, As Certain as Death, Quotations About Taxes. You can find a pdf of the book here, or order it free here. Hat tip: Chris Bergin at
The quote that best sums up my views:


Why does ‘the greater good’ always mean more power and money for them?

Wednesday, December 30th, 2009 by Joe Kristan

Nick Gillespie at

There is a looming showdown in American society between public-sector employees and the rest of us, in terms of job security and, especially, unsustainable gold-plated retirement and health benefits that are working hard to bankrupt whole states such as California, New York, and New Jersey

Remember that the next time they want to raise our taxes and we’re told it’s a choice between “individual greed” and “the collective good.”


Quote for a Sunday

Sunday, November 22nd, 2009 by Joe Kristan

From a review of the new book From Poverty to Prosperity: Intangible Assets, Hidden Liabilities, and the Lasting Triumph Over Scarcity, by Arnold Kling and Nick Schulz:

Amar Bhide on what a government can do to promote entrepreneurship: make the basic governmental functions work. Property rights, provision of roads, water, electricity. (BC: Simple, but so true. Screw incentives, tax breaks, etc. Just do the basics.)

Amen. So adopt the Tax Update Quick and Dirty Iowa Tax Reform Plan, already. And put this book on your holiday wish list. I have.
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On fire and going the wrong way on the freeway

Tuesday, October 20th, 2009 by Joe Kristan

Christopher Bergin at

At its latest meeting the task force talked about something called the ReadyReturn system, under which the government would prepare tax returns for many of our citizens. Excuse me? OK, the ReadyReturn system is a nice little idea, but isn


Silly quote of the day

Monday, July 20th, 2009 by Joe Kristan

David Cay Johnston on health care spending in Tax Analysts ($link):

Other countries have all realized that buying healthcare wholesale, through government, is cheaper than buying it retail through a hodgepodge of employer-based plans that create the illusion that healthcare is a tax-free benefit.

You mean, like Medicare? Yes, that’s sure a fiscal winner.
Will Wilkinson gets it right:
Of course, the government, like individuals and families, has a limited budget. So if the government is going to pay for medical care, it has to ration. And that very fact is an argument for limiting the government to only paying for the care of people who are unable to pay for a minimum of care themselves.

Unless, of course, you want the Bureau of Surgery to decide that your mother doesn’t really need that hip replacement, because she has a perfectly good wheelchair.
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Beware Zombies

Tuesday, May 12th, 2009 by Joe Kristan

Fashion and tax maven Lee Sheppard, quoted in Tax Analysts ($link):

Japan kept zombie banks alive with infusions and guarantees instead of forcing them to take the hits and closing them. Japan tried to prop up prices of equities. All of this delayed recovery. That was the lost decade. That’s what America is repeating.

Just to cover the bases, we’ll also go with Japan’s lost decade government spending policies.