The Yanks are coming

This post is dedicated to the memory of Orni El-Ad, my mentor and friend, who introduced me to the world of taxation and taught me how to "think tax". Orni died suddenly this weekend at the premature age of 64. May his memory be blessed. "The Children's Book" by A S Byatt is, without doubt, one…

Lies, damned lies and tax rates

Romney 25%! Gingrich 12.5%! Santorum 17.5%! Perry 20%! Remember the old Fair Ground game where you had to guess the number of candies in a jar? If you got the nearest number you won a massive, totally inflammable, furry toy that Mum and Dad refused to take home in the car but relented when they couldn't find a big…

Season of goodwill at the IRS ?

“And to you taxpayers out there, let me say this: Make sure you file your tax return on time! And remember that, even though income taxes can be a ‘pain in the neck,’ the folks at the IRS are regular people just like you, except that they can destroy your life". Thus wrote American humorist…