Relevant and even prescient commentary on news, politics and the economy.

Nation Academy of Social Insurance’s new study

The second is a press release regarding the Nation Academy of Social Insurance’s new study. http://www.nasi.org/press/releases/2013/01/press-release-americans-make-hard-choices-social-security The survey used a new approach to measuring public opinion about Social Security. In addition to asking participants whether they would favor a particular change, they were asked to choose a preferred package of changes, much as lawmakers might […]

Dell goes private…blueprint for re-structuring?

David Cay Johnson describes the processes of restructuring the company over time as Dell goes private: Six years ago, Dell Inc. announced a $12 billion restructuring with huge tax consequences not just for Dell, but also for tax policy. If the deal works as intended, American multinationals can copy it to escape the corporate income […]

Soon-to-be Google litigation with IRS over 2003-4 returns?

by Linda Beale Soon-to-be Google litigation with IRS over 2003-4 returns? Bloomberg dug into Google’s annual SEC 10-k filing to discover that the company plans to litigate an issue from the 2003 and/or 2004 tax years.  No suit has yet been filed, and there is no information regarding the substance of the dispute or the […]

PGL and Rosser

http://econospeak.blogspot.com/2013/02/does-paul-ryan-know-what-austerity-means.html http://econospeak.blogspot.com/2013/02/government-purchases-versus-government.html http://econospeak.blogspot.com/2013/02/federal-expenditures-seasonally-adjusted.html

Solutions to the Middle Class Retirement Crisis

As I have noted in three recent posts, retirement security for those currently or recently in the middle class is no sure thing. 49% of the private work force has neither defined benefit (traditional pensions) or defined contribution (401(k)) retirement plans, while public sector pensions are coming under increasing attack. The United States has the […]

More on PTINs for previously unregulated tax return preparers

by Linda Beale More on PTINs for previously unregulated tax return preparers After considering the problems caused by incompetent or fraudulent tax return preparers who were not attorneys, accountants or admitted to practice before the IRS as enrolled agents, the IRS released a study in 2010 on tax return preparation with recommendations for regulation of […]

DEAR PAUL KRUGMAN Please Read This about Social Security

by Dale Coberly DEAR PAUL KRUGMANPlease Read This about Social Security Dear Paul Krugman, There was an indication the other day that you read Angry Bear, at least sometimes. I hope you read this, because it is important, and you have a better forum than I have. I think the following facts would be game […]

My Audacious Wish: Uwe Reinhardt for Secretary of Labor.

When it comes to the most important economic challenges facing the nation, President Obama offers soaring rhetoric. He campaigned vigorously against the decline of the middle class. He launched his new term this past week with a speech declaring widespread prosperity to be a deeply American virtue — and a threatened one. “We are true […]

Money and water

http://www.waterworld.com/articles/wwi/print/volume-27/issue-6/editorial-focus/utility-management/money-makes-the-water-world-go.html