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Born at the Crest of the Empire

Monday, July 24, 2006

When tax cuts aren't enough

There were only 345 to begin with.
WASHINGTON, July 23 (UPI) -- The Bush administration plans to cut nearly in half the number of auditors who review tax returns of some of the wealthiest U.S. taxpayers.....

However, six IRS estate tax lawyers whose jobs are at risk told the newspaper the cuts are part of a behind-the-scenes move at the IRS to shield people with political connections and complex tax-avoidance devices from thorough audits.


For some reason, I feel the need to add include a clip from an article in today's LATimes to this post.
Wage stagnation, long the bane of blue-collar workers, is now hitting people with bachelor's degrees for the first time in 30 years. Earnings for workers with four-year degrees fell 5.2% from 2000 to 2004 when adjusted for inflation, according to White House economists.

3 Comments:

  • I just wanted to tell you how much I appreciate reading your blog. You seem to have a thorough, thoughtful and dispassionate overview of the interrelated conflicts. I read your blog as part of my daily information gleaning.

    By Anonymous Anonymous, at 9:59 AM  

  • Amen to that. Top notch.

    By Anonymous Anonymous, at 11:45 AM  

  • Thanks and thanks.


    Mike

    By Blogger mikevotes, at 1:05 PM  

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