Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Friday, May 22, 2026

Quote of the Day (Russell Baker, on the Government and the Rich)

“The Government cannot afford to have a country made up entirely of rich people, because rich people pay so little tax that the Government would quickly go bankrupt. This is why Government men always tell us that labor is man's noblest calling. Government needs labor to pay its upkeep.”—Pulitzer Prize-winning American humorist, reporter, and memoirist Russell Baker (1925-2019), So This Is Depravity and Other Observations (1980)

Baker wrote this in the Carter Administration. Imagine what he might have written after reading about the plan signed off by Acting Attorney General Todd Blanche in which the Internal Revenue Service would be “FOREVER BARRED and PRECLUDED” from all audits of “any matters currently pending” relating to President Trump, his family and his businesses.

Thursday, April 15, 2021

Quote of the Day (Robert A. Heinlein, on Drinking and Taxes)

“Be wary of strong drink. It can make you shoot at tax collectors and miss.”—Science-fiction writer Robert A. Heinlein (1907-1988), Time Enough for Love (1973)

Oh, what a card Mr. Heinlein was! A common school of thought about him was that, starting with Stranger in a Strange Land (1961), he wrote novels that were, as summarized by Gary Westfahl for Locus Magazine, “increasingly long-winded, idiosyncratic, and highly opinionated”—not to mention reflective of his libertarian beliefs.

The quote above merely expresses, in tongue-in-cheek form, what Heinlein concluded in The Moon Is a Harsh Mistress (1966): “There is no worse tyranny than to force a man to pay for what he does not want merely because you think it would be good for him.”

Still, in the current political environment, today’s quote belongs in the “don’t try this at home, folks” category. With or without liquor, taking a shot at a tax collector is not a good idea—even if the tax system is intrusive and inequitable, and even if the tax collector one encounters is as obnoxious and allegedly criminal as Joel Greenberg, the (perhaps former?) friend of Congressman Matt Gaetz.

Friday, April 15, 2016

Quote of the Day (Russell Baker, With a ‘Taxpayer’s Prayer’)



“Oh Mighty Internal Revenue Service, who turneth the labor of man to ashes, we thank thee for the multitude of thy forms which thou hast set before us and for the infinite confusion of thy commandments, which multiplyth the fortunes of lawyer and accountant alike.”— Russell Baker, “A Taxpayer’s Prayer to the Almighty IRS,” originally in The New York Times, reprinted in The Morning News (Wilmington, Del.), Apr. 10, 1977

Wednesday, April 15, 2015

Quote of the Day (Paul Rudnick, on Taylor and Your Taxes)



“Please supply the following information and materials:
“1. Your income from last year.
“2. Taylor Swift’s income from last year.
“3. Instagram post of Taylor Swift laughing uproariously.”— Paul Rudnick, “Your Taxes,” The New Yorker, Feb. 2, 2015

Wednesday, September 19, 2012

Quote of the Day (Oliver Goldsmith, for a Guy in 'Deep Mitt')



“Laws grind the poor, and rich men rule the law.”—Anglo-Irish playwright-poet Oliver Goldsmith (1728-1744), The Traveller (1764)

The top strategist for Mitt Romney, Stuart Stevens, has copped to trying steroids to see what they were all about. Perhaps his candidate wanted something like the same feeling of strength and rush without actually taking the performance-enhancing drug, because earlier this year—now known in a video that’s gone insanely viral--he went before a bunch of Florida fat cats—his people—to talk about the other guy’s people: the now-infamous 47 percent.

Mitt Romney was so in the moment that he dropped his mask and became hyperaggressive: “There are 47 percent of the people who will vote for the president no matter what. All right, there are 47 percent who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name-it.”

For years, Romney and his advisers have thought obsessively about one number—270—the amount of Electoral College votes they’ll need to win. From now on, they may be thinking of 47—the number that, bandied about to a friendly audience, might now prevent victory.

The reaction to the video was swift—and not just from the usual suspects. The candidate, a New York Daily News wag wrote in a headline, was “In Deep Mitt,” or in “A Mitt Storm.” Peggy Noonan, Wall Street Journal columnist and Ronald Reagan speechwriter, opined that it was finally time to recognize that the Romney campaign was incompetent. David Brooks, The New York Times’ token op-ed conservative, encapsulated it perfectly for a baby-boom generation who gloried in Gilligan’s Island reruns: the headline THURSTON HOWELL ROMNEY.

(Oh, yes—lost in the hullabaloo was Romney’s remark that it would have been beneficial to him if his father, who was born in a Mormon colony in Mexico, had actually been of Mexican descent. Many Hispanics are probably wishing now that the candidate had followed the same remedy—“self-deportation”—he had urged to solve the problem with undocumented aliens. If he doesn’t want to self-deport, I’m sure they’ll be happy to lend him a hand, for free—even if, by his own definition, that would make him a “victim.”)

There are all kinds of reasons why the reactions to Romney’s remarks have proven so toxic, but one has gone unnoticed and even unarticulated, except for the 18th-century writer Oliver Goldsmith, anticipating events by more than two centuries in the quote above: i.e., so many people already sense that governmental laws and regulations are tilted outrageously in favor of the 1%--Romney’s natural habitat. Put another way: Romney’s rank hypocrisy galls as much as his blithe condescension.

I’m not talking about the tax shelters that so many at Romney’s fundraiser in Florida surely enjoy. Nor am I talking about the disproportionate influence that their money gets the well-heeled in Washington as well as state capitals all across the nation. Nor am I talking about the host of the event, Marc Leder, who, as co-CEO of the private-equity firm Sun Capital Partners, according to the blogger Legal Schnauzer, “does exactly what Mitt Romney did years ago at Bain Capital”: i.e., revive some companies, dismantle quite a few.

No, I mean how the candidate himself has benefited, personally and professionally, from a different form of the entrenched privilege he criticizes:

*His wealthy father was able to keep him in college during the late 1960s, when Mitt received draft deferments for religious-service and academic reasons that allowed him to stay out of Vietnam—this at a time when many of the “47%” had no such options;

* His reputation as the managerial wizard who saved the 2002 Salt Lake Olympics was secured with the help of $1.5 billion supplied by the federal government—much of which was, as noted in the blog Democurmudgeon, given over to wealthy donors to the games;

* Without a massive bailout from banks and the Federal Deposit Insurance Corp., Bain & Co., the firm that launched Romney on his career as a vulture—sorry, venture—capitalist, would have gone under. Even more outrageous, as outlined by a Tim Dickinson article in the September 13 issue of Rolling Stone, he threatened to distribute bonuses to executives at the financially troubled firm unless Bain were allowed to pay off its debt at a deep discount.

Right now, Democrats might have only one cause for complaint with the Almighty on the Romney gaffe: Why couldn’t it have occurred closer to Election Day? Such was the fate of an earlier Republican with a well-deserved reputation as a stiff, New York governor Thomas E. Dewey. In the final days of his whistle-stop campaign, on a train with the premature title of Victory Special,” the locomotive gave a sudden lurch. “What’s the matter with that idiot engineer?” Dewey barked. That comment aroused the ire of the labor movement, who came out in big numbers to help Truman beat Dewey.

Saturday, April 14, 2012

Quote of the Day (Thomas Paine, on Taxes)


“If, from the more wretched parts of the old world, we look at those which are in an advanced stage of improvement, we still find the greedy hand of government thrusting itself into every corner and crevice of industry, and grasping the spoil of the multitude. Invention is continually exercised, to furnish new pretenses for revenues and taxation. It watches prosperity as its prey and permits none to escape without tribute.”—Thomas Paine, The Rights of Man (1791)

Saturday, April 10, 2010

Quote of the Day (Geoffrey Chaucer, on April)


“Whan that Aprille with his shoures soote
The droghte of Marche hath perced to the roote,
And bathed every veyne in swich licour,
Of which vertu engendred is the flour;
Whan Zephirus eek with his swete breeth
Inspired hath in every holt and heeth
The tendre croppes, and the yonge sonne
Hath in the Ram his halfe cours y-ronne,
And smale fowles maken melodye,
That slepen al the night with open ye,
(So priketh hem nature in hir corages:
Than longen folk to goon on pilgrimages.”—Geoffrey Chaucer, The Prologue to The Canterbury Tales

I finally got around to reading critic Joan Acocella’s reconsideration of Geoffrey Chaucer and The Canterbury Tales, in the December 21-28, 2009 issue of The New Yorker (sorry, full text isn’t available, though you’ll find an abstract here.)


It brought me back to one of my most vivid memories at Columbia University nearly three decades ago, when Professor Robert Hanning recited the above passage vigorously in his medieval literature course, dwelling on each phrase in a way that made Chaucer’s Middle English come alive—seem understandable, really—even without the interlinear translations that we would have found indispensable without this reading.

Acocella’s fine essay mixes the best of what so many of us learned in our English classes then with some details about Chaucer’s life that either make you shake your head in wonder (he managed to serve, as an important government official, under both King Richard II and the man who deposed him, Henry IV—not an easy accomplishment) or grin (King Edward III granted him, in 1374, a gallon of wine per day--something, I'm sure, that must have made the poet and king's servant very popular with friends).

With April 15—and the terror the IRS strikes into the hearts of so many—so close, it’s nice to think of at least one tax official—the creator of The Canterbury Tales—who had a brain and a heart.

Whenever I associate something in literature with April, I think immediately of two poems: T.S. Eliot’s The Waste Land and The Canterbury Tales. Eliot has his virtues, but when you think of the extraordinary amount of homely imagery conveyed even in the above passage—not to mention the ironies of “The Summoner’s Tale” and the bawdy humor of “The Miller’s Tale”—well, it really is no contest, is it?

Wednesday, April 15, 2009

Quotes of the Day (Isaac Newton and Albert Einstein, Demonstrating That Finance Stumps Even Geniuses)

"I can calculate the motions of the heavenly bodies, but not the madness of people."—Sir Isaac Newton, after losing a fortune in Great Britain’s South Sea Bubble of 1720, quoted in Christopher Reed, “The Damn’d South Sea,” Harvard Magazine, May-June 1999

“The hardest thing in the world to understand is the income tax.”—Popularly attributed to Albert Einstein

Monday, April 6, 2009

Just to Make You Feel Better During Tax Season…

“SANTA ANA, Calif. – An Internal Revenue Service agent who audits taxpayers in California has agreed to plead guilty to cheating on his own taxes.”—Associated Press, “Calif. IRS Agent Admits Cheating on His Own Taxes

I have just one question, in the words of the Roman poet Juvenal: “quis custodiet ipsos custodies?” (“Who will guard the guards themselves?”)