I hope everyone has been watching the unfolding scandal at the IRS (that’s the Internal Revenue Service for the present). As I see it, this seems like the perfect convergence of several disturbing trends in recent decades. First, we see the increasing use by congress of “big” and “broad” statutes whose language is left (deliberately?) […]
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The Perfect Storm
30 May 2013
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There is a lot of discussion today and yesterday about Apple’s avoidance of the corporate income tax. As the WSJ reports on Senate Democrats investigation of Apple, Mr. Levin unveiled the results of his months-long investigation into Apple’s corporate taxes and accused the American business success of employing “alchemy” and “gimmickry” to lower its tax […]