Tag Archives: deductions

PL 115-97 (Tax Cuts & Jobs Act, sic)

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We really needed tax reform.  Instead we got HR-1, absurdly labeled as the Tax Cuts and Jobs Act, plus the Senate version of that same  bill,.  As I promised, they wouldn’t be passed as proposed (that would have been EVEN worse, they have been reconciled.   And , TheDonald has signed the final version, so it’s the law of the land.   PL 115-97.

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Paper wins!

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I just finished my Jewish holidays- and then was inundated with folks who failed to file their taxes on the 15th of April.  And, what did they do for the ensuing six months?   From what I can tell, absolutely nothing.  Three of them brought the ubiquitous shoe box- you know, a year’s collection of receipts.  The problem?   Most of those receipts were printed via heat sensitive ink- and now, 10 to 22 months later, they are a mess of grey blobs, having faded to obscurity.

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Tax rate truths and lies

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So, before  my children (and grandchild) woke up on the first day of Passover (the seder ends pretty late), I was reading my Washington Post and drinking my coffee.  (I had already finished the NY Times and the Wall Street Journal.)  And, then I read the piece by Catherine Rampell.  I could not let it sit unanswered- but since it was the first days of Passover, I had to wait until the intermediate days to respond.

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