ClockQuotes

Income-tax time is when you test your powers of deduction.

- Shelby Friedman

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One good thing about the election is that I don't instinctively flinch every time the White House releases new policy initiatives. Case in point: tax expenditures. What's a tax expenditure? Tax expenditures are "preferences and concessions in the income tax that [have] the nature of expenditure…
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Stephen King has been on a roll lately. His most recent novel 11/22/63 was a welcome return to form and his best work in years. And now he has this excellent essay, in The Daily Beast, on the subject of taxes: Chris Christie may be fat, but he ain't Santa Claus. In fact, he seems unable to…
I made a fairly large error when I wrote my previous article on the health care "plan" that Bush will announce during the State of the Union Address later today. When I did my back-of-the-envelope calculations of the tax breaks that different people would receive under the plan, I missed an…