» Entries tagged with "taxes"

Discharging Student Loans in Bankruptcy

According to the ABA Journal, Senator Richard Durbin, a Democrat from Illinois, has been trying to drum up support for a bill to allow the discharge of private student loan debt in bankruptcy. I wish him luck. I think he’s going to fail, however, seeing how banks seem to run everything. The government happily lets them dip into its resources whenever the negative implications of their own poor decision-making come back to haunt them, and the poor graduates who are struggling with their loans don’t exactly have the kind of money it takes to elect themselves a congress. Regardless, I’m glad Senator Durbin is at least bringing up the topic. I have student loans, and I dutifully pay them each month. I probably wouldn’t take advantage of the … Read entire article »

Filed under: Government Rants, Practice in General

The Joy of Mid-April

I’m always in a terrible mood around the 15th of April. It’s the time of year when I get to think about just how much money the state and federal governments take from me and my business. I get to remember that, not only do I get to pay taxes, but I also get to pay people to help me pay taxes. I have to answer questions, make calls, send emails, send faxes, and write checks. It’s a waste of time I could devote to more important things, like my clients. I saw Obama on the television giving a speech yesterday. He was short on details, but his message seemed to be that Americans don’t have to make any sacrifices. We don’t have to cut … Read entire article »

Filed under: Government Rants, Practice in General

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