It Came From Under The Ground

Taxes You Can File On A Postcard Earlier this month, archaeologists digging in Egypt unearthed a 2,000-year-old black granite sarcophagus 16 feet below the surface. Pretty cool, right? But then they announced they were going to open it. What a terrible idea! Have they never seen The Mummy? When the lid came off, they found three skeletons rotting in some dirty water that had probably leaked in from a nearby sewage trench. But that doesn’t necessarily mean an ancient undead presence didn’t manage to escape, too. It’s not like they could actually see it! Egyptologists aren’t the only ones facing
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Here’s to Your Health!

Tax Deductions Encourage Good Health When Congress raises the hood on the tax code, they’re usually working to raise money to pay for government. But sometimes they’re more interested in nudging us to behave in ways they can’t legislate directly. Take the mortgage interest deduction, for example, which “cost” the Treasury $69.7 billion in 2013. That deduction encourages millions of Americans to spend billions of dollars buying homes, building homes, renovating money pits, and keeping their homes looking spiffy — all of which returns billions more through our overall economy. Last week, the House Ways and Means Committee passed another
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Don’t Cry 4-3, Argentina

Messi & Ronaldo Accused of Tax Evasion Americans love a champion, and every year, sports fans get to see new champions crowned. We’ve got a World Series, a Super Bowl, and NBA finals that drag on for months. We’ve got the Kentucky Derby, the Indianapolis 500, and the Nathan’s Famous National Hot Dog Eating Contest. And every even-numbered year, the Olympics bring us more exotic champions in curling, synchronized swimming, and dancing horses. But there’s one event that mobilizes the rest of the world in a frenzy of competition: soccer’s World Cup. A billion people watched France defeat Argentina, 4-3,
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Tax Collectors Target “Netflix and Chill”

  Chicago Residents Pay ‘Amusement’ Tax  A generation ago, “serious” filmmakers flocking to Hollywood set their sights on movies, not television. Visionary directors like Martin Scorsese and Francis Ford Coppola redefined their craft with a new generation of challenging, personal films. By contrast, television was a vast wasteland dominated by lightweight comedies like Happy Days and sappy, feel-good dramas like The Waltons. In 1999, HBO’s The Sopranos started luring wannabe auteurs to TV. Today, movie theaters are dominated by CGI-generated superheros and endless sequels, while cable networks and streaming video services churn out too many quality programs for anyone but
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It Came From Under The Ground

Taxes You Can File On A Postcard Earlier this month, archaeologists digging in Egypt unearthed a 2,000-year-old black granite sarcophagus 16 feet below the surface. Pretty cool, right? But then they announced they were going to open it. What a terrible idea! Have they never seen The Mummy? When the lid came off, they found three skeletons rotting in some dirty water that had probably leaked in from a nearby sewage trench. But that doesn’t necessarily mean an ancient undead presence didn’t manage to escape, too. It’s not like they could actually see it! Egyptologists aren’t the only ones facing
Read More

Here’s to Your Health!

Tax Deductions Encourage Good Health When Congress raises the hood on the tax code, they’re usually working to raise money to pay for government. But sometimes they’re more interested in nudging us to behave in ways they can’t legislate directly. Take the mortgage interest deduction, for example, which “cost” the Treasury $69.7 billion in 2013. That deduction encourages millions of Americans to spend billions of dollars buying homes, building homes, renovating money pits, and keeping their homes looking spiffy — all of which returns billions more through our overall economy. Last week, the House Ways and Means Committee passed another
Read More

Don’t Cry 4-3, Argentina

Messi & Ronaldo Accused of Tax Evasion Americans love a champion, and every year, sports fans get to see new champions crowned. We’ve got a World Series, a Super Bowl, and NBA finals that drag on for months. We’ve got the Kentucky Derby, the Indianapolis 500, and the Nathan’s Famous National Hot Dog Eating Contest. And every even-numbered year, the Olympics bring us more exotic champions in curling, synchronized swimming, and dancing horses. But there’s one event that mobilizes the rest of the world in a frenzy of competition: soccer’s World Cup. A billion people watched France defeat Argentina, 4-3,
Read More

Tax Collectors Target “Netflix and Chill”

  Chicago Residents Pay ‘Amusement’ Tax  A generation ago, “serious” filmmakers flocking to Hollywood set their sights on movies, not television. Visionary directors like Martin Scorsese and Francis Ford Coppola redefined their craft with a new generation of challenging, personal films. By contrast, television was a vast wasteland dominated by lightweight comedies like Happy Days and sappy, feel-good dramas like The Waltons. In 1999, HBO’s The Sopranos started luring wannabe auteurs to TV. Today, movie theaters are dominated by CGI-generated superheros and endless sequels, while cable networks and streaming video services churn out too many quality programs for anyone but
Read More

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Categories