Category Archives: Articles

Irreverent, entertaining, incisive articles on a variety of accounting and tax subjects.

Taxes Remain at Lowest Point Since 1950s. Warren Buffett’s tax rate is only 16%!

>>> zone tonight. on thursday, the republicans in the house are going to unveil their new round of spending cuts. they say they will cut on the floor 15% of discretionary spending from the domestic budget, including the money needed … Continue reading

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Would Today’s GOP Right-Wing Republicans Vote for Ronald Reagan Today?

Conservatives were having a love fest for Ronald Reagan over the weekend. Republicans love to praise Ronald Reagan as poster boy for conservatives. But Reagan wouldn`t be considered a conservative today. In fact, he`s a poster child of what Republicans can`t stand; and FOX News would destroy Reagan if he were in politics today.

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Koch Brothers and How to Buy U.S. Government

UYGUR: Now, we come at the story of the Koch Brothers and how you can buy our government? David and Charles Koch each worth $21 billion. They own Koch industries, an oil and chemical giant that stands the second largest … Continue reading

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Cenk to Obama: Big Business is just not that into you

All right. Today President Obama went over to the Chamber of Commerce to make nice with big business. Now, I think that`s a bad idea, and I want to explain to you why. First of all, the Chamber of Commerce … Continue reading

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Have you read the Time Magazine article on “The Pentagon’s Marauding Fraudsters”? Military defense contractors who put the “con” in contractors, milking the taxpayers for billions, entitling them to be “con”victs.

The Department of Defense identified $285 billion it paid over a three-year time span to hundreds of military contractors that committed fraud during the same period. A provision Bernie tucked into a Pentagon spending bill required the report. “The truth is that virtually all of the major defense contractors for years have engaged in systemic, illegal, and fraudulent behavior while receiving hundreds of billions of dollars of taxpayer money. With the country running a $14 trillion national debt, the Department of Defense and Congress must finally put an end to these abuses.” Continue reading

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GE turns to U.S. for bailouts but turns to China for employees

GE is, of course, one of our major corporations. The manufacturer’s recent disclosure pointed out, the taxpayers of this country, through the Fed, provided $16 billion in bailout to General Electric during the recent crisis. But GE has been going to China for its employees and labor. Continue reading

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GOP Spins Jobs Report: House Speaker John Boehner Claims that the Stimulus Plan Caused the Dismal Jobs Report

Former Labor Secretary Robert Reich fact checks House Speaker John Boehner’s claims that the stimulus plan caused the dismal jobs report Continue reading

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Businesses reveal unhappiness with Obama policies

Visit msnbc.com for breaking news, world news, and news about the economy >> remember a few weeks back when house oversight committee chairman darryl issa asked 150 corporations for help on what to target to deregulate. basically asking them, what … Continue reading

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GOP fuzzy on budget math. Why a CPA is needed in Washington NOW!

Visit msnbc.com for breaking news, world news, and news about the economy >> end! >> we will also get right to work to reduce the deficit which next year alone will save the tax payers $100 billion. >> cut government … Continue reading

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Battle over big oil: GOP Republicans (and Democrats) are giving your tax dollars to big oil companies

Visit msnbc.com for breaking news, world news, and news about the economy Presented by the Barefoot Accountant Cenk Uygur:  $36 billion is how much oil companies stand to get from taxpayers over the next 10 years.  That’s about $4 billion … Continue reading

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