Toronto A trillion dollars in student debt is on the books in the USA. The Department of Education paid $1.4 billion to bloodsucking debt collection agencies last year. Debt collectors refer to the process as “lip smacking,” an “oil well” of opportunity, and so forth. The government claims it will collect almost 85 cents on …
Tag: irs
Yes Ma’am, The Help, and Housekeeping
New Orleans I haven’t been able to bring myself to see, The Help, a movie ostensibly set in the early 1960’s in Jackson, Mississippi where a young, white writer gives voice to her African-American maid friends during the Civil Rights era. Fantasy has little appeal for me. I did go to see the Gary …
IRS Finally Moves on Advocacy Gifts and Taxes: Pike’s Analysis
Tegucigalpa The front page of the times indicated that both George Soros and the Koch brothers, the Daddy Warbucks of the right and the left, were among a small handful asked to defend their gifts to advocacy 501c4 organizations and why they should be not be required to pay 35% gift taxes. After 30 years, …