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leventhal.bsky.social
Tax geek who can communicate clearly in English. “Tax is law with just enough math to scare away most attorneys.” Family | cooking | tax & policy | He/Him
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I’ll start paying more attention to budget bills once we’ve seen the Senate versions. The House bills will increase the deficit, and they seem to play budget games (e.g., no tax on tips expires 2028), but there’s a lot of stuff in them that’ll have a very hard time in reconciliation.

submitted 23 days ago • 0 comments

I have always advised folks to avoid getting their tax advice from politicians. It seems this may apply much more broadly: I should say avoid getting your news from politicians.

submitted 31 days ago • 0 comments

If the Senate GOP were to go through with their current plan to ignore the costs in their bill, would they also ignore the requirements to avoid anything that isn’t fiscal/budget in a reconciliation? Does that mean there’s no more filibuster?

submitted 63 days ago • 0 comments

“We are caught between a party that wants to make government fail and a party that doesn’t make government work.” — Ezra Klein to Jon Stewart

submitted 63 days ago • 0 comments

People are raising privacy concerns about DOGE’s access to IRS systems; however, I’ve seen no mention of the IRS confidential information that’s also exposed. What’s that info? The weighting factors which are used to trigger audits, or how far could one go before an audit would be triggered.

submitted 105 days ago • 0 comments

I can see three, maybe four, sure SCOTUS votes for the (Project 2025) “let’s give the executive power of the purse” change to the constitution.

submitted 127 days ago • 0 comments

Tl;dr: my prediction for the upcoming tax bill is that the TCJA provisions will be extended for five years. 1/x

submitted 128 days ago • 1 comment

The LEGO botanicals collection is quite fun

submitted 136 days ago • 0 comments

External Revenue Service? 1) When will Congress fund it? 2) Tariffs are paid by the importer, so does this agency do other import/customs tasks? 3) Many sections of the tax code address income from foreign sources. Are these in scope, too? Call me after number one is settled.

submitted 140 days ago • 0 comments

GOP revisions to the way bills are evaluated by the CBO is solely to fit more cuts into a tax bill without breaking reconciliation, and it’s disingenuous to call it anything else. We should be having a larger discussion about deficit spending by the federal government, but this isn’t it.

submitted 141 days ago • 0 comments

I have issues with this sixth circuit ruling against net neutrality, but I have issues with Loper Bright, so I’m in for a lot of upcoming disappointments. www.bloomberglaw.com/public/deskt...

submitted 153 days ago • 0 comments

No, I do not expect significant tax law changes for the upcoming season; however, all bets are off after that.

submitted 157 days ago • 0 comments

If we were to believe, “everyone has a conflict of interest,” why would we accept that as okay? Shouldn’t we work toward changing that?

submitted 157 days ago • 0 comments

I should have been more specific with my prediction. It seems the debt ceiling is still confusing to most elected officials. Trump’s request to kick the can to 2029 wasn’t a surprise. I’m a little surprised Musk’s threats didn’t lead to a consensus. I guess it’s easier to get to “no.”

submitted 165 days ago • 0 comments

Yes, that’s a lab book sitting on the hopper. How else could you improve your smoking skills, if not by gathering data?

submitted 188 days ago • 1 comment

Pup is enjoying her treat.

submitted 194 days ago • 0 comments

A few predictions I made one week ago on a different platform, so I am repeating them here: (1/6)

submitted 196 days ago • 1 comment

Stuffed mushrooms? The kids must be home. Would I do all this for everyone?

submitted 199 days ago • 0 comments