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Lowtax Network Hosted Blogs 

19 November 2007
Hands Off The Poor, Starving Tax Lawyers!
Congress and the Treasury are up in arms about the patenting of tax strategies. Why? What is wrong with the idea that I should pay a fee to an attorney in Peoria if she has been clever enough to think of a new way to stop the IRS taking my money?

Is there a distinction between paying to use an intricate (and legal) method of tax planning and paying to use a piece of software that fills in my tax return form? The Treasury has no problem with paying for tax preparation, whether it is done by man or machine, so where is the issue with patents for intellectual tax strategies?

This is just an atavistic feeling that somehow non-insiders should not be allowed to tinker with the mechanics of tax collection. 'They' think of it as their money, not ours, so to them it somehow feels wrong that someone other than the tax collectors should profit from the process of tax collection.

Well, on that basis, all Medicaid practitioners should work for free, as should lobbyists, and, of course and in particular, Congressmen. So put that in your pipes and smoke it, Messrs. Baucus and Grassley. It is a particular shock to see a Republican sponsoring such an illiberal and anti-market measure. Where did he learn his economics?

You have been reading an entry on the following blog:

Jeremy Hetherington-Gore Unleashed
Jeremy tackles the difficult issues head on!
Contact: jeremyhetheringtongore@yahoo.com





More entries from this blog:

09 March 2008
Goodbye To Privacy
These last two weeks have seen the 'offshore' tax haven of Liechtenstein in the pillory for tryi ...

03 January 2008
Another Nail In The Currency Coffin
Two more countries join the mighty euro while the dollar slumps ever further into the shadows an ...

19 November 2007
Hands Off The Poor, Starving Tax Lawyers!
Congress and the Treasury are up in arms about the patenting of tax strategies. Why? What is wro ...

28 October 2007
The Death Of Corporation Tax
Last week saw the remarkable spectacle of a US Democrat proposing to reduce corporation tax by 5 ...

09 September 2007
Flat Tax, Not Flat Earth, Please!
Why is it that trade unions, especially European ones, seem to be stuck in a 19th century econom ...

02 September 2007
On-Line Gaming Banned In The UK
So the forces of darkness have won. With a fanfare, the UK government has brought into force its ...

21 August 2007
The Last Supply-Sider Felled
So the Tories, the UK's only hope of low taxes, have joined the governing socialists on a Colber ...

14 August 2007
King Canute Spotted On Brighton Beach
Well, it is August, after all, the month in which desperate journalists try to persuade men to b ...

11 August 2007
Private - Good; Public - Bad
It's good to see that privatization is continuing in the USA despite the best efforts of the Dem ...

28 July 2007
Don't Put Your Husband On The Board, Mrs Worthington
So the UK Treasury is going to ignore morality, equity and common-sense by legislating to punish ...

22 July 2007
Down With Corporation Tax!
The CATO Institute criticizes the US Treasury for failing to cut its high corporate tax rate, bu ...

15 July 2007
The Dinosaurs March In Europe
So the European Parliament, after agonized deliberations dominated by trade union champions in t ...

26 June 2007
Will The Treasury Get To Bert Smith Before The Grim Reaper?
Bert Smith lives in a house in Malta he built with the (mostly cash) proceeds of car-dealing in ...

08 June 2007
America Goes To War Against - wait for it - The Cayman Islands
Politics is rather like Alice in Wonderland: you chomp on a little pill called 'Power' and all a ...

06 June 2007
Down With The IMF!
The IMF has just wasted another slab of your money telling us what we already knew about Switzer ...

24 May 2007
Everyone Wants To Live Offshore
Research shows that out of 60 million UK residents, all but two (the Queen and Gordon Brown) wan ...

15 May 2007
Tax Harmonization Disharmony
Imagine your company does business across a union of some dozens of states each of which sets it ...

11 May 2007
The Sorry Tale Of Offshore Telecommunications
How sad to see yet another offshore territory getting telecommunications so hopelessly wrong, as Dig ...

 

Other Blog Entries:

09 March 2008
Goodbye To Privacy

These last two weeks have seen the 'offshore' tax haven of Liechtenstein in the pillory for tryi...

20 February 2008
Panama Today, Tomorrow And Always

This Christmas season 2007 everyone is asking: What is happening in Panama? Every single hotel...

03 January 2008
Another Nail In The Currency Coffin

Two more countries join the mighty euro while the dollar slumps ever further into the shadows an...

02 December 2007
Please Turn Out The Lights As You Leave

The report that no fewer than 3.8 million British and Irish own overseas properties means that a...

19 November 2007
Hands Off The Poor, Starving Tax Lawyers!

Congress and the Treasury are up in arms about the patenting of tax strategies. Why? What is wro...

28 October 2007
The Death Of Corporation Tax

Last week saw the remarkable spectacle of a US Democrat proposing to reduce corporation tax by 5...

07 October 2007
How To Learn To Love Accounting Standards

If I mention the dread words 'accounting standards' you will stop reading at once. Nothing comes...

23 September 2007
Caveat Emptor?

Another bunch of investors have had their fingers burned after investing in hedge funds based ap...

16 September 2007
No More Fat Cat Investments For Me!

The news that Hannover Re is thinking of moving its base from highly-taxed Germany to lightly-ta...

09 September 2007
Flat Tax, Not Flat Earth, Please!

Why is it that trade unions, especially European ones, seem to be stuck in a 19th century econom...

Popular Blogs:

Jeremy Hetherington-Gore Unleashed
Jeremy tackles the difficult issues head on!

Penelope Wise
Penny Wise but not Pound Foolish! But remember: I am not offering investment advice. My comments are just for your general information; I do not recommend investments, and you should take professional advice before entering any investment contract.

First Atlantic Commerce

Molina & Co


Interested in blogging on Lowtax? We are currently accepting submissions!

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E-mail blogs@lowtax.net to learn more.




 

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