One Year of Taxing Crankiness…

WordPress just informed me that today is the one year anniversary of this, my humble blog.

On this momentous occasion – the first anniversary of the internet sensation that is my obscure blog. I would like to thank all of you who made Cranky and Taxing such an amazing, astounding success.

To those four people who actually read or watch this drivel… thank you. To those who actually follow me – you are my raison d’être. I love you more than Chocolate Covered Frozen Key Lime Pie on a stick. (Which is a lot! Cause that stuff is awesomeness x infinity)

Well I do exist to do actual work as well – but the sentiment is somewhat valid. Well I think it is… Anyhoo…
I hope year two will be more fun-filled and wacky!

Thanks Again!

Gez

Happy Tax Season

Well it’s that time of the year again! When everyone visits their neglected tax accountant – we get lonely ya know.

But I do have some kind of more exciting news – I’m kind of not completely “single” at the moment. It’s really, really weird.

For the past few months I have been seeing this very patient young man – who for some inexplicable reason likes to hear my tax work ramblings. Or more likely he is just good at sleeping with his eyes open. (which would explain the snoring when we go out during dinner)

Oh and for the CDC’s info on Zombie Preparedness click this link

Anyway here my latest update!

Enjoy!

You think there are tax revenue problems now?

Occasionally there are people that have a gift for predicting future crises before anyone is even aware there could be a problem. One such man is Arizona State University (ASU) law professor Adam Chodorow. It is noteworthy that someone has finally had the guts to bring attention to a possible adversity that could have catastrophic consequences to our tax base.

That unfortunate prospect is, of course, a possible Zombie apocalypse. In light of the recent dramatic increase in cannibal attacks, Professor Chodorow recent academic paper titled, Death and Taxes and Zombies, could not have come at a better time. I applaud the man’s brilliance and his proactive approach in a reactive world.

From the abstract –

The U.S. stands on the precipice of a financial disaster, and Congress has done nothing but bicker. Of course, I refer to the coming day when the undead walk the earth, feasting on the living. A zombie apocalypse will create an urgent need for significant government revenues to protect the living, while at the same time rendering a large portion of the taxpaying public dead or undead. The government’s failure to anticipate or plan for this eventuality could cripple its ability to respond effectively, putting us all at risk.

This article fills a glaring gap in the academic literature by examining how the estate and income tax laws apply to the undead. Beginning with the critical question of whether the undead should be considered dead for estate tax purposes, the article continues on to address income tax issues the undead are likely to face. In addition to zombies, the article also considers how estate and income tax laws should apply to vampires and ghosts. Given the difficulties identified herein of applying existing tax law to the undead, new legislation may be warranted. However, any new legislation is certain to raise its own set of problems. The point here is not to identify the appropriate approach. Rather, it is to goad Congress and the IRS into action before it is too late.

It is utterly irresponsible that our government has not even addressed the risk, let alone put into place any guidance in the tax code for such a contingency. American taxpayers should demand that the issue be addressed before the zombies are eating our brains.

It would indeed be an overwhelming ordeal if we were to face not only the cataclysmic disaster of a zombie outbreak, but also a financial meltdown unlike anything we have faced as a nation. Our elected officials need to tackle this terrifying possibility facing our great republic and the national dialog ought to reflect this fact.

The American people deserve better.

Please read the manuscript in its entirety to fully grasp the possible implications.