Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Tax Burden
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Monday July 12, 2010 The exodus from high tax states continues. The one thing we did not hear discussed in the Lebron James story was the obvious reason to go to Miami. Mr. James is an NBA star who has played with a Cleveland team, he has bolted Ohio for Florida joining the Miami Heat…
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Sunday July 11, 2010 Mark Steyn recently had a column suggesting that dependence on government could easily change in two generations. He cited how Europe had quickly embraced the state cradle to grave security system, so much for the plucky adventurer in life. A recent interview on one of the television business channels offers the…
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Tuesday April 20 2010 The 16th Amendment allowed the income tax to be passed. The fact that the Constitution had to be amended to allow this is all you really need to know, it was a bad idea in 1776, it is a bad idea now. George Will like Walter Williams points out that we do…
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Thursday April 14 2010 John Stossel is fed up with the income tax, and as he says, how dare a government do this to its own people. He notes the cost of complying with tax filing that could be spent much better in other ways. Oddly I never hear CPAs addressing this issue. I would…
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Wed April 14, 2010 It is no accident that national tax day, tomorrow, is the furthest time away from election day, the first tuesday of November. Better to hope the memory is forgotten by election day. Now 47% of American families pay no income tax. If there are two kids under 17, Mom and Dad…