Tax Update Blog: Permalink
« Previous · Tax Update Blog Home · Next »
MANZULLO THE MAGNIFICENT
April 07, 2006
A correspondent who wishes to remain anonymous witnessed Congressman Manzullo's dismal performance the other day at the Small Business Committee inquisition of the IRS Commissioner:
Joe,thanks for the report, which was spot on. I attended the hearing and Manzullo's performance was just appalling.
Among his other gems:
· he scoffed at the notion that IRS wanted to create a level playing field for small business owners
· he continually equated S-corps with ‘the little guy’ notwithstanding the fact that either of us could show him a list of not-so-small small businesses
· he claimed to be offended by “poor scholarship” while he fabricated ‘facts’ left and right
· he came out completely against the administration’s FY07 legislative proposal to have credit card companies report to IRS gross payments to S-corps (presumably because it wouldn’t be required of large businesses—as if K-Mart is skimming off of the top of its credit card sales)
And I cannot even begin to adequately describe the painfully long interchange in which Commissioner Everson finally got him to understand the not-so-complex concept of backup withholding.
The only thing more embarrassing than the performance of some of our representatives is knowing that we sent them there in the first place, and are likely to keep doing so.
Bookmark: del.icio.us • Digg • reddit
Tax Updates
Subscribe to Tax Updates
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 neccesarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to
Search Tax Updates
Friends and Neighbors
Economics Nerds
Hard-Core Tax Nerds
Gigablogs
Insurance Folk
Goners
Legislation
Tax Update Data Feeds
