Taxes and Bankruptcy—Debunking a Hardy Myth

No wonder people think “bankruptcy can’t help me with my tax debt.” Even attorneys sometimes perpetuate the myth. A few days ago I saw a video of a bankruptcy attorney being interviewed in what amounted to be an infomercial. He was asked by the interviewer whether there were some debts that can’t be “touched” in […]

Rich Supporters for Increasing Taxes on the Rich

Not only do the majority of the wealthy believe that they should be taxed more, so do a majority of Republicans. These are the surprising conclusions of two polls. When the second-richest American, Warren Buffett, wrote an op-ed column in the New York Times a number of months ago advocating increased taxes for himself and […]

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