mdk0611

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Today

Article Comment

mdk0611 commented on an article. 3 hours ago

The Kind of Money Americans Hate

Don't worry about the Harvard seniors, it's the Harvard drop-outs you need to keep track of.

Yesterday

Article Comment

mdk0611 commented on an article. 3:12 PM

7 Countries With the Lowest Health-Care Costs

Could you provide a summary of the malpractice laws in those various countries?

Article Comment

mdk0611 commented on an article. 3:08 PM

2 Taxes That Can Save America's Future

1. "a tax of $20 for every ton of emitted carbon that rises 4% annually." 4% annually FOREVER?

2. Although one of the comments mentioned it, I saw nothing in your piece about what taxes are going to

[more]

Fri Jun 14

Article Comment

mdk0611 commented on an article. 3:06 PM

Warren Buffett Knows Nothing!

A third scenario, at least with respect to Goldman and Bank of America, is that Buffett got a deal for Berkshire that nobody else could get, especially the small investor.

Thu Jun 13

Article Comment

mdk0611 commented on an article. 4:56 PM

When Shareholders Get Snubbed

Bread, circuses and distractions with a concentration in the ownership of company stock.

Kind of sounds like Berkshire Hathaway's annual meeting to me.

Wed Jun 12

Article Comment

mdk0611 commented on an article. 12:40 PM

Do Cigarette Taxes Really Work?

Let's not go totally altruistic here. Cigarette taxes are also a great way to raise revenue with a minimum of protest.

Article Comment

mdk0611 commented on an article. 11:47 AM

The EPA Has Joined the IRS and the DOJ

NoBias -

1. Regarding the EPA, you need to check the WSJ coverage of the fee waiver issue

2. Regarding IRS, if everybody does it why did

[more]

Tue Jun 11

Article Comment

mdk0611 commented on an article. 2:01 PM

Tesla: Gone in 20 Seconds

Tesla might have reported a profit in the 1st quarter, but it was not an operating profit. They still show a loss on every car they build. In theory, subsidies this generous won't last forever.

Fri Jun 7

Article Comment

mdk0611 commented on an article. 9:56 AM

IRS Official: Lavish Conference Followed IRS Rules

Were you involved with any 501(c)(4) organizations? If so. this might be political. If not, you're right, it's probably ineptitude.

Thu Jun 6

Article Comment

mdk0611 commented on an article. 12:37 PM

Big Oil Takes Advantage of a Major Tax Break

So this has NOTHING to do with federal taxation of oil companies. Well I guess that obfuscation might drive a few more eyeball to this article.

And now we get to bemoaning a reduction of STATE taxes on oil

[more]

Tue Jun 4

Article Comment

mdk0611 commented on an article. 11:57 AM

Why the Social Security Trustees Report Is Meaningless

chocteach54 - The people who earn substantially more than you do NOT get a larger Social Security benefit than you. Social Security is not a welfare program financed from general revenues. It is, effectively, a defined benefit plan

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Fri May 31

Article Comment

mdk0611 commented on an article. 1:30 PM

How Has America Fared As an Investor?

How much of the $465 million Tesla paid back was accumulated through government tax credits for alternative energy?

Tue May 28

Article Comment

mdk0611 commented on an article. 12:30 PM

5 Great Countries for Minimum-Wage Workers

Two thoughts:

1. It looks like all of those nations save France have lower minimum wages for the high school kids pouring sodas at McDonalds or the equivalent.

2. Do any of those nations

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Fri May 24

Article Comment

mdk0611 commented on an article. 11:25 AM

If You Only Know 5 Things About Investing, Make It These

The only sure thing about a sure thing is the investment advisors commission.

Wed May 22

Article Comment

mdk0611 commented on an article. 9:54 AM

Former IRS Chief: Can't Say How Targeting Happened

I think Media Matters could make a strong case to qualify as a (c)(4). Their modus operandi, not endorsing or attacking candidates, fits that definition. Qualifying as a (c)(3) was preposterous. I am aware of no organization as

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Tue May 21

Article Comment

mdk0611 commented on an article. 4:57 PM

The Biggest Takeaways From Apple's Tax Grilling

Watched most of it. Clearly Levin wants to tax on a worldwide basis, without even a guarantee that US rates would be lowered. It's predominately a revenue grab on his part. He was well briefed, but studiously avoided the question be

[more]

Article Comment

mdk0611 commented on an article. 2:58 PM

Former IRS Chief: Can't Say How Targeting Happened

Why don't you start 10 years earlier, when MoveOn.org had their 501(c)(4) application sail through the IRS? By your standards that was even more egregious.

[more]

Mon May 20

Article Comment

mdk0611 commented on an article. 5:17 PM

PPL Avoids $40 Million Double Taxation

To be clear, it was an Appeals Court decision that was overturned, not a previous SC ruling. And with a 9-0 majority I don't think IRS will revisit this line of reasoning in the near future.

Wed May 15

Article Comment

mdk0611 commented on an article. 2:54 PM

The Budget Deficit Is Collapsing

@Seattle - Water is needed to sustain life, but too much water can endanger life.

Article Comment

mdk0611 commented on an article. 1:05 PM

The Budget Deficit Is Collapsing

Yes, tax revenues are higher thus far in 2013. Some of the reasons, the end of the payroll tax holiday, higher rates and the beginning of the Affordable Care Act taxes on wages and unearned income will continue to be applicable. But

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