| A.
R. Kakhsaz Company
an accountancy corporation
Member
American Institute of
Certified Public Accountants
International associates:
Tavana & Co.
Chartered Accountants
Toronto, Canada
Tel.416-229-2221
|
• What's the
tax law? Well, the law "is what you're willing to enforce,
not what's written in the statute books," says Sheldon Cohen, a
former IRS commissioner. "We are all governed by what we
understand will be enforced." • Maybe it's true that
we don't know what we've got until it's gone, but it's also true that we
don't know what we've been missing until it arrives.
• The USA Patriot Act:
An FBI Special Agent advised three dozen librarians not to
destroy any records that might help investigators some day. After
all, he asked, "How much protection do you want to give to your
patrons, and how much protection do you want to give to your
country?" Section 215 of the USA Patriot Act Allows the
FBI to seek "the protection of any tangible things (including books,
records, papers, documents, and other items)" in an effort to
"obtain foreign intelligence information."
Permits non-citizens to
be investigated for activities covered by the First Amendment, including
political protests, although "a United States person" continues
to receive that protection.
Allows the FBI to
subpoena records that are "sought for" an authorized
investigation, even though their owner may not be suspected of criminal or
terrorist activity.
Prohibits someone served
with a Patriot Act subpoena from telling anyone else about it.
• 43,6000,000 Americans
lacked health insurance coverage in 2002. That's a 6% rise from
2001.
•
For more of the Generalist, please visit our
website at ARKCPA.COM.
• Afghanistan:
| Population: 29 million |
|
| Ethnic Groups: |
|
| Pashtun |
44% |
| Tajik |
25 |
| Hazara |
10 |
| Uzbek |
8 |
| Other |
13 |
| Religion: |
|
| Sunni Mslim |
84 |
| Shia Muslim |
15 |
| Other |
1 |
Islamic
fundamentalists still wield clout over Afghanistan's diverse population.
|
• During the recent decades the United States has gained
enormously from its spending on health care. In 1950 life
expectancy at birth was 68.2 years, and by 1990 it was up to 75.4
years. It rose to a high of 77.2 years in 2001. Several
economic analyses suggest that the economic value of the gains in
life expectancy far exceeds the cost in terms of health
expenditures.
• theGeneralist, a one-page monthly
publication of the accounting firm of A. R. Kakhsaz Company,
is in its ninth year of providing information, presented fairly and
accurately, from sources we can depend upon and trust.
• President George W. Bush has been quoted as
saying: "We're going to have the best educated American
people in the world."
• The U.S. health-care system is broken: The great
health-care debate which has been on-going for decades will now
continue in 2004, 2005, .... How can we call the U.S. a humane
society when 45 million of it's people don't have health
insurance? They are deprived of all but the most basic
treatment. How can we cheer the American free-market system
when one-sixth of it's economy is a failed market-place, immune from
competitive pressures that regulate quality and price?
• China's economy grew at a blistering 9.1% pace in 2003,
but inflation concerns remain.
• One in three young Germans believes the U.S. may have
orchestrated the 9/11.
• You got a urinal at home? Awesome!
After their long confinement to bars, restaurants, sports arenas,
and other public restrooms, urinals are now getting into American
homes. Some 325,000 urinals are manufactured every year in the
U.S. and almost all have been used in commercial spaces. But
that's rapidly changing. Urinals are now recommended to all
men, so their wives won't bug them about putting down the
seat. And they are particularly appreciated in homes with
young boys. See www.urinal.net
, for more.
-
• We see more in numbers than just numbers...
Ali R. Kakhsaz, CPA, MAcc
www.arkpca.com
|
