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Keywords: FASB 13, Off-Balance Sheet, Sarbanes-Oxley (SARBOX), Financial Statements, Financial Misrepresentation, Guilty, Fraud, Crime, Jail, Prison, Plea Bargain, Probation, Conviction, Trial
12-20-06 Public Company Accounting Oversight Board (PCAOB) Announces Revisions To Auditing Standards
Jeffrey Taylor, Accounting and Financial Statement Expert
Tel: 602-708-4981; Fax: 602-867-9385
Email: JeffreyArizona@aol.com
Author of SELLING LEASING IN A TOUGH ECONOMY, THE FUTURE OF EQUIPMENT LEASING and A GENTLEMAN DRUNK.
Recent radio talk show interviews on WAVE 1370 AM Boca Raton-FL, KAIJ International Shortwave, WLHT 95.7 FM Grand Rapids-MI, WAUD 1230 AM Auburn-AL, KWAI K108 Honolulu-HI, 1370 AM KDTH Dubuque-IA, WSBA 910 AM York-PA
As the 110th Congress Swears In…
What Will Be the Long-Term Results of the Midterm Elections?
The American public has spoken. In the midterm elections, the Republicans were told to hit the road in part because of the war in Iraq, corporate greed and big business lobbyists. States that once saw red switched to blue.
Now that the Democratic-controlled Congress has been sworn in, will it be business as usual along the Beltway or will the winds of change blow through the Capitol?
Political and big business watchdog Jeffrey Taylor offers controversial and informative insights into politics, business and the economy when he answers these questions and more:
Why does big business fear a Democratic Congress?
Can President Bush work with a Democratic controlled Congress?
What will happen to health care costs, corporate taxes, the minimum wage and the stock market under the current Congress?
Will foreign investors abandon U.S. markets?
Will prescription drugs become more affordable to most Americans?
Can the Democrats pull off a Democratic presidency in 2008?
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PRODUCERS: Talk current business practices and political trends with this informative and well-connected guest. Great talk radio! |
CREDENTIALS: After 25 years in business, Jeffrey Taylor has been quoted in the Wall Street Journal, Crain’s New York and Entrepreneur Magazine. A media veteran of business and political talk, Taylor lectures internationally to corporate, real estate and banking professionals.
He is the author of SELLING LEASING IN A TOUGH ECONOMY, THE FUTURE OF EQUIPMENT LEASING and A GENTLEMAN DRUNK.
AVAILABILITY: Nationwide by request and via telephone
CONTACT: Jeffrey Taylor, (602) 708-4981 (AZ); jeffreyarizona@aol.com
A Comical Play by Jeffrey Taylor
Written Superbowl Weekend 2007
Act I Scene 1
U.S. Congress, Washington, D.C.
House : Now that we have a democratic majority, let's help the poor people. Let's boost the Federal minimum wage by $2.10 an hour to $7.25 an hour over two years.
Senate: We agree. Let's boost the Federal minimum wage. But, we need to give tax relief to small business to offset the additional wages that they are going to pay when they hire all of these poor people.
CBO: Guys (and women). You're both wrong. Unemployment is going up. No one is going to hire anybody.
House: We need to show the world we are behind the poor people. They need our help.
Senate: We want to help the poor people but we also have to show support for small business, who also votes us. They cannot afford to pay additional wages like Wal-Mart who is corrupt. They are honest and hardworking, many of them who used to be poor. We cannot pass tax policy which can make them poor again.
House: You guys (and women) in the senate are stupid. The constitution does not allow the Senate to introduce tax bills. We have to introduce tax legislation. You guys (and women) do not have the power.
Senate: Watch us, clowns. We are going to agree to your minimum wage increase but we are also going to write in new tax laws to help small business by giving them shorter tax lives on their retail depreciable property and extened Sec. 179 first year write-offs. Plus, we are going to write in new tax laws to punish evil corporations who hire illegal immigrants (many who we understand are poor democrats), cap allowable tax-deferred income at $1 million (poor democrats who are now rich democrats but may become republicans), and close loopholes on tax-avoidance schemes by companies that set up foreign tax shelters (rich republicans without hearts).
House: That makes no sense. You are holding poor democrats hostage to your demands to help rich democrats and punish rich republicans (note : there are no poor republicans).
Senate: Tough noogie. We get paid regardless of what we do.
CBO: House, you need to go back and reintroduce a new tax bill to reconcile with the Senate.
House: But, that's going to lose precious time. What are the poor democrats going to do in the meantime?
All: Watch Superbowl Highlights.
- TO BE CONTINUED -
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