May 08

Complexity & Competitiveness

Business is now conducted on a global basis and we have a number of emerging markets competing for the business that used to be spread between just a few world powers. In order for U.S. businesses to remain competitive with other businesses including those from emerging markets, we need to be as efficient as possible.

Our tax system and legal system are a major hindrance riddled with undue complexity, unfairness, and inefficiency. Our tax and legal systems are a major drag on our competitiveness and must be reformed. Continue reading

Jan 17

Congress & Business Reporting

Tax reporting and the associated recordkeeping is becoming a nightmare for businesses in this great country of ours. Congress has no concept of simplification and should be punished by having to keep records and prepare reports for some of the ridiculous business tax laws they come up with.

The inability of politicians in Washington DC (the majority of which I am beginning to believe lack any common sense) to create tax laws which are understandable and easy to comply with, is unbelievable. Continue reading