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From the category archives:


Remembering The ‘Hot Dog Tax’ On National Hot Dog Day

23 July 2013

It’s National Hot Dog Day! Here’s a brief look back at the hot dog tax, an expansion of the sales tax in New York under then Governor Rockefeller.

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Taxes & Independence: Happy Fourth Of July

4 July 2013

Today, kids will decorate wagons with streamers and drag them down small town streets while big marching bands play John Philip Sousa tunes. There will be floats and beauty queens with big smiles (and even bigger hair). Smells from cookouts and barbecues will fill neighborhoods as folks fire up the grill to make hotdogs, hamburgers […]

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Marc Rich, Famous Fugitive & Alleged Tax Evader Pardoned By President Clinton, Dies

27 June 2013

Marc Rich, one of the most famous white collar criminals in recent memory, has died in Switzerland at age 78, as the result of a stroke. Rich became a millionaire before he turned 50 – but not without controversy. The college dropout (he never finished New York University) found a profitable market in trade. By […]

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Federal Gas Tax Passes Another Milestone: What Is The Future?

6 June 2013

Happy birthday, federal gas tax! Yes, on this day in 1932, President Herbert Hoover signed the Revenue Act of 1932 authorizing the first federal gasoline tax. It was the first gas tax on a federal level but not the first gas tax in the country: all of the states at the time had their own […]

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Never Forget: Celebrating Memorial Day

27 May 2013

You’re probably firing up the grill later today. It is, of course, the unofficial first day of summer. But it’s also something more: Memorial Day. It’s the day to remember those men and women who made the ultimate sacrifice while serving our country: those who have died while in the military service. Even though the […]

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As Many Celebrate 4/20, Feds Still Won’t Budge on Regulation and Taxation of Marijuana

20 April 2013

Today is April 20 or 4/20. If I get a blank stare with that proclamation, then you’re among the millions of Americans who are outside of counterculture. You see, 420 is famously (or infamously, depending on who you ask) associated with the celebration of marijuana. While there are dozens of theories about how the date […]

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As Squabbles Over Budget Continue, Annual White House Easter Egg Tradition Rolls On

30 March 2013

My kids are minutes away from their annual Easter Egg Hunt. Set among the backdrop of rural North Carolina, it’s miles away – both literally and figuratively – from the White House Easter Egg Roll. Both are scheduled to go on this year, despite fears to the contrary. While there was no scandal at my […]

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Tax Trivia Giveaway #2: Presidential Income

18 February 2013

(Update: We have our winners!) Our second tax trivia question is: In honor of President’s Day, this question focuses on presidential tax returns. Since Richard Nixon, almost all of our U.S. Presidents (and most presidential candidates) have reported this specific kind of additional income on their tax returns. Since it’s occasional income for our Presidents, […]

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Tax Trivia Giveaway #1: St. Valentine’s Day Massacre

14 February 2013

(Update: We have a winner!) Our first tax trivia question is: On this day in 1929, gunmen in Chicago wearing stolen police uniforms murdered seven members of a rival crime organization run by Bugs Moran. The murders would come to be known as the St. Valentine’s Day Massacre. The boss of those gunmen was suspected […]

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Guess What Turned 100 This Weekend?

4 February 2013

What do you get for the Tax Code that literally has everything?

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