Fake Tax Cuts, Terrifying Foreclosure Videos, Dog Taxes, and More
by Byrne Hobart
We’re all bracing for the next debate, but the taxosphere is rolling right along. Today brought in still more outraged comments about the bailout/stabilization plan/boondoggle-upon-a-boondoggle-upon-a-boondoggle. There’s a lot to catch up on in today’s tax blog posts:
- Karl Okamoto at Conglomerate notes that the new bailout bill ends a tax loophole for hedge fund managers. Could be good news, but since I’ve never heard a hedge fund manager’s fees quoted in terms of after-tax income, this might just mean that investors will learn to pay the two point five and twenty-five.
- Lubna Kably of Talking Tax offers a collection of the weirdest taxes around the world. I’m voting for the Netherlands Dogs-Per-Household tax as, by far, the weirdest. There’s no way this didn’t start as a practical joke.