Tax Update Blog: Permalink
« Previous · Tax Update Blog Home · Next »
How many senators do you own?
October 08, 2009
Christopher Bergin at Tax.com:
The ethanol tax credit is a shining example of how Congress operates. It uses the tax code to pick winners and losers. And unless you own a Senator or two – and I certainly don’t – that would make you a loser. And me, too.
Indeed. Read the whole thing.
Bookmark: del.icio.us • Digg • reddit
TrackBack
TrackBack URL for this entry:
http://www.rothcpa.com/mt/contages.cgi/1096
Tax Updates
Subscribe to Tax Updates
Enter your email address to receive Roth & Company Tax Updates via email.
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
Email: roth@rothcpa.com • Phone: (515) 244-0266
All content © Roth & Company, P.C. • Powered by Movable Type • Site by Sekimori Design
Comments
"Say it ain't so Joe!" Surely you own a congressman/woman or two. I don't remember many in Iowa crying when the ethanol tax credits were voted into tax law! As a matter of fact, I still don't hear many in Iowa moaning about the ethanol tax credits, even though these credits have added a hidden burden to everything we buy that has corn in it! If it helps sell corn, then somehow it must be good for Iowa, no?
Posted by: Cornfed | October 8, 2009 10:31 AM
Sadly, while Senators are cheap, they aren't free, and I have yet to buy one.
It's the old "seen and unseen" thing that applies to so many things. We see that a few farmers are happy, and millions of the rest of us don't see how the happiness is coming out of our wallets a little at a time.
Posted by: Joe Kristan | October 8, 2009 11:26 AM