Professor Maule does his best Lou Ferrigno imitation on legislators who want to expand the phone excise tax to Voice-over-internet protocol (VOIP) providers:
The logic underlying these bills would have inspired previous Congresses to have taxed Henry Ford to pay for horse troughs and to have taxed laser printer manufacturers on behalf of the dying manual-typewriter industry.
And then he gets angry. Read it all.
Professor Maule sends a note saying that the analogies in the excerpt above are the brainchild (brainchildren?) of Declan McCullagh, Chief Political Correspondent, C-Net news.com. We should have noted that ourselves, and we thank the Professor for calling that to our attention.
Lord knows we don't want him angry with us...
The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not necessarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to