Word: hellings
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...that was before taxpayers had to face what some veteran accountants are calling the Tax Season from Hell -- a three-month ordeal climaxing with this week's rush to meet the April 17 deadline for filing tax returns. The Internal Revenue Service, under pressure to root out more fraud -- and more revenue -- has sharply stepped up the number of returns it rejects and audits. While encouraging taxpayers to file electronically-mainly to save irs manpower and paper work-this year the tax collectors returned, often for minor clerical errors, fully 20% of the 9.9 million electronic returns submitted through late...
Into this tax hell come proposals for salvation: everything from tinkering with the system to imposing a flat tax. The intellectual cheerleaders for the flat tax are Hall and Rabushka, both economists at Stanford's Hoover Institution. Their writings inspired the flat tax for which Jerry Brown won a flurry of attention during the 1992 Democratic primaries. Another disciple is House majority leader Armey, sponsor of the leading flat-tax plan now before Congress...
...Finally, she couldn't take another bit. "It was the classic information overload, toxic-data syndrome," she says, with more and more messages to read and less and less time to read them. The Internet "stopped looking like some kind of theme park and started looking like a Sartrean hell-too many people talking at one time...
...into wherever you've been assigned with an open mind. Don't think it'll be heaven or hell. It won't be either unless you really want it to be. A house is a house is a house. If you can't handle it, you can always transfer. If you really love it, run for house committee. They're all always looking for a few good men and women...
...DOLLAR IS A PAPER PROMISE THE world is fast losing confidence in for a variety of reasons, not the least of which is that Americans are spending a hell of a lot more than they have or can ever repay. When the dollar meant something, gold sold for $35 an ounce. Now it goes for damn near...