Blog

Austria Moves to Tax Online Companies

The EU has been unable to agree on taxing the internet. As a result, Austria went ahead and passed its own digital tax this week on revenues earned by online [...]

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Illinois Confiscating and Selling Cars if you Owe Tickets

Believe it or not, Illinois confiscated and sold 50,000 cars because people had tickets that they could not pay. They still have to pay the banks on their car [...]

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Has 95 become the New 65 for Retirement?

One of the more interesting downsides of the collapse in socialism is the impact upon the elderly. The data now shows that since the 2007-2009 recession, about [...]

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The IRS Can Deny You A Passport?

  QUESTION: You said that if you owe taxes the government can deny you a passport? I never heard that one. ANSWER: Oh yes. This has been in place for several [...]

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Cloning License Plates to Avoid Traffic Fines

If there is a possible scam, someone will always figure it out. In Australia, they hunt money with unbelievable audacity and hand out tickets to motorists for [...]

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Illinois to Assault the Entire Internet – They May End Up With Businesses Refusing to Deal With People in Illinois

The Supreme Court’s decision to allow every state to tax the internet is complete insanity. Sources in Illinois are warning that the state is bankrupt and it [...]

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How a Prosecutor’s Case Collapsed in New York City and Exposed Government Corruption in the Process

One of the more fascinating examples of how the government prosecutors are looking for high profile cases to further personal careers rather than actually policing [...]

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Bitcoin to be Declared a Financial Institution — Beware!

The risk with Bitcoin is that the government could simply change the definition of money. That is what they did to me back in 1980 because I was one of the three [...]

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Trump & Taxation

On his website, Donald Trump’s tax plan still maintains the income tax while making it lower and simpler. All I can say is that I hope Trump remains open [...]

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Maximum Gift One Can Give Anyone in Business is $25

The hunt for money is absolutely destroying everything. The IRS has placed a maximum on the depreciation of assets. Any high-end cars over $40,000 must be paid for [...]

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