They call me "America's Accountant", with more than 40 Years of experience A libertarian and fiscal conservative from New York. Read my take on taxes, politics, and financial news of the day here on RS and at my website, , "The Brass Tax of Politics"


    IRS Complains About Budget Cuts, But It Cut Its Own Customer Service Budget

    Earlier this year, John Koskinen, the IRS Commissioner, complained about the IRS budget given to him by Congress. It was reduced by nearly $350 million for this fiscal year. Commissioner Koskinen claimed the “agency’s $10.9 billion budget is its lowest since 2008. When adjusted for inflation, the budget hasn’t been this low since 1998.” Due to budget cuts, the IRS warned that customer service would | Read More »

    Dirty Harry Reid

    I’ve been pondering the recent Sen. Harry Reid (D-NV)Heritage ActionScorecardSen. Harry Reid10%Senate Democrat Average29See Full Scorecard10% episode, where Sen. Harry Reid (D-NV)Heritage ActionScorecardSen. Harry Reid10%Senate Democrat Average29See Full Scorecard10% discussed the incident from 2012 when he openly lied about Mitt Romney not filing tax returns for 10 years. Sen. Harry Reid (D-NV)Heritage ActionScorecardSen. Harry Reid10%Senate Democrat Average29See Full Scorecard10% completely justified his behavior by stating to CNN’s Dana Bash, “”I don’t regret that at | Read More »

    Obamacare Tax Compliance May Be An Issue For the Poorest

    This year is the first year for which proof of health insurance, or payment of the “shared responsibility” tax/fee/penalty, is required to be accounted for on one’s tax return. But what happens when a person does not meet the income threshold to actually have to file their taxes? The Weekly Standard points out that a conundrum exists for the poor. Under Obamacare rules, the economically | Read More »

    Government-run Transparency Site is Now Even LESS Transparent

    Last summer, I wrote about how an audit by the GAO of the government-run transparency site, (, revealed that more than 90% of the information found on there was inaccurate. The Government Accountability Office (GAO) audited spending data from 2012, the most recent year for which data is available, by comparing government agency records with those found on The GAO reported that only 2-7% | Read More »

    Speech Police: “Dear Politicians, Stop Calling People ‘Taxpayers’”

    The New Republic recently went through an internal overhaul in order to stay relevant, and the recent drivel that was written shows that it wasn’t for the better. Last week, there was an article written called, “”Dear Politicians, Stop Calling People ‘Taxpayers'”, in which the author proposes to eliminate the word “taxpayer” from everyday lexicon because it favors those who pay taxes. You can’t make | Read More »

    Clinton Wrote More Personal Emails Than Official Ones, Averaging 31 a Day

    According to the LA Times, Hillary Clinton has revealed that aides “deleted more than 30,000 emails that she deemed personal.” In fact, Clinton herself breaks down the email numbers: there were 62,320 total messages. 30,490 of these were provided to the State Department, and 31,830 were private records that were destroyed. That’s right, she wrote more personal emails than professional ones during her tenure as | Read More »

    SCOTUS Should Not Apply “Deference” In the Obamacare Case

    During oral arguments of the Burwell Obamacare case before the Supreme Court on Wednesday, a possible resolution seemed to rear its ugly head when Chief Justice Roberts questioned U.S. Solicitor General Donald Verrilli over the contested ambiguity of the application of Obamacare subsidies. Verrilli made the case that the “court should defer to the interpretation of the Internal Revenue Service, which said the tax credits | Read More »

    The Prosecutorial Abuses of Schneiderman and Lynch

    The Wall Street Journal had an excellent article a couple weeks ago calling out the egregious prosecutorial misconduct of New York Attorney General Eric Schneiderman. In this farce of a case, Schneiderman is hell bent on going after Hank Greenberg (formerly with AIG) in an attempt to discredit his name in a state civil lawsuit. The manner in which Schneiderman is conducting himself is a | Read More »

    Obamacare Budget Recently Changed How Its Funds Cost Sharing Programs

    Yesterday it was reported that the Treasury Department paid $3 billion to cover Obamacare cost-sharing subsidies without Congressional approval. The heart of the dispute appears to be whether or not these subsidies were supposed to be funded via yearly appropriations or not. The House Ways and Means Chair, Rep. Paul Ryan (R-WI)Heritage ActionScorecardRep. Paul Ryan58%House Republican Average39See Full Scorecard58%, argues the former. Health and Human Services, via the | Read More »

    Mini Obamacare Bailout? Treasury Covers Some Obamacare Costs Without Congressional Approval

    A few weeks ago, I wrote about how Obama’s budget contained a $22 billion student loan bailout to cover a massive shortage of funds for the Department of Education Federal Student Loan program. Because the program is categorized as a “credit program”, due to a “quirk in the budget process for credit programs, the department can add the $21.8 billion to the deficit automatically, without | Read More »

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