Biden’s Tax Plan vs Trump’s

We’ll never see anything like Trump’s tax plan again.
Can we escape reality?

In 2008 our national debt was $6 trillion. Today it’s $28 trillion. National debt is six times higher today.

In 2008 our GDP was $14 trillion in 2008. Today, it’s only $21 trillion. It grew by only 33%. Obviously something has to give.

It appears the government has decided to eliminate the difference with inflation. Not a bad idea, actually. Except for what creating hyper inflation will do to our standard of living, devaluing the dollar in the process and ruining the economy. Here’s a worse case scenario.

The country & the GDP won’t be the same as it is today, but for individual taxpayers, perhaps there’s a way to weather the storm, if you’re lucky. My recommendation is to get out of the stock market and put any idle cash into gold, silver or bitcoin. The stock market will probably crash sometime this year, but if you are in something that profits by inflation, you might be able to weather the storm. Gold, silver, copper & Bitcoin all fit that definition.

If their approach fails, we will be left holding the bag on the $28 trillion of national debt with a weakened economy that by then will have a GDP of only around $10 trillion, if that. But if it fails, we may end up with wheelbarrows full of hundred dollar bills trying to buy a loaf of bread. Which is reported to have happened under Germany & some South American countries under hyperinflation.

If it gets bad, the dollar will lose 50% of it’s buying power a week. It won’t take long for that to deteriorate into a barter system. 

However, one of my favorite saying is this, “He who lives by the crystal ball, better learn to eat glass.”

So take everything, including my advice, with a grain of salt. I’m not even sure it would work. Maybe I’m missing something. Maybe it won’t be this bad. But i think drastic measures are called for. Who would have thought our country would turn into a banana republic overnight led by a senile president? 

Crazier things have happened.

The 21st Century has been Hectic.

The 21st Century started off with an explosive bang on when the twin towers were were taken down by a couple of passenger planes causing $13 billion of damages & a loss of 3000 lives.

Subprime Crisis
Huffpo & the GAO reported that the Subprime Crisis cost the nation $22 trillion dollars, and the lingering effects are still being felt. in 2008 the national debt was $9 trillion. In 2012 it was $16 trillion. Today it’s over $28 trillion.

But by far the greatest impact came from the 2020 Covid crisis & the lockdowns & election shenanigans that Covid precipitated. Small businesses are dying by the thousands — and no one is tracking the carnage. Let’s pause for a moment and take stock.

Yelp Inc., the online revi

The 21st Century started off with an explosive bang on when the twin towers were were taken down by a couple of passenger planes causing $13 billion of damages & a loss of 3000 lives.

Subprime Crisis
Huffpo & the GAO reported that the Subprime Crisis cost the nation $22 trillion dollars, and the lingering effects are still being felt. in 2008 the national debt was $9 trillion. In 2012 it was $16 trillion. Today it’s over $28 trillion.

But by far the greatest impact came from the 2020 Covid crisis & the lockdowns & election shenanigans that Covid precipitated. Small businesses are dying by the thousands — and no one is tracking the carnage. Let’s pause for a moment and take stock.

Yelp Inc., the online reviewer, has data showing more than 80,000 permanently shuttered from March 1 to July 25. About 60,000 were local businesses, or firms with fewer than five locations. About 800 small businesses did indeed file for Chapter 11 bankruptcy from mid-February to July 31, according to the American Bankruptcy Institute, and the trade group expects the 2020 total could be up 36% from last year.

More than 20 million people have lost their jobs.

Businesses will need to be the best they can be to survive the turmoil. They will need better tax, accounting & advisory professionals than they have now. They will need someone like us.

ewer, has data showing more than 80,000 permanently shuttered from March 1 to July 25. About 60,000 were local businesses, or firms with fewer than five locations. About 800 small businesses did indeed file for Chapter 11 bankruptcy from mid-February to July 31, according to the American Bankruptcy Institute, and the trade group expects the 2020 total could be up 36% from last year.

More than 20 million people have lost their jobs.

Businesses will need to be the best they can be to survive the turmoil. They will need better tax, accounting & advisory professionals than they have now. They will need someone like Ellis CPA.

Statute of Limitations Doesn’t Apply to Tax Fraud

CA-11: preparer’s fraudulent intent sufficient to keep limitations period open
Finnegan, (CA 11 6/11/2019) 123 AFTR 2d ¶ 2019-770
Affirming the Tax Court’s decision, the Eleventh Circuit Court of Appeals has ruled that the fraud exception to the 3-year statute of limitations on assessments applied where a married couple’s returns were fraudulently prepared by their preparer. The court also rejected the couple’s argument that the Tax Court abused its discretion by accepting the preparer’s out-of-court statement admitting his culpability.

Background. Code Sec. 6501(a) generally provides that a valid assessment of income tax liability may not be made more than 3 years after the later of the date the tax return was filed or the due date of the tax return. However, under one of several exceptions, Code Sec. 6501(c)(1) provides that the assessment period remains open indefinitely “in the case of a false or fraudulent return with the intent to evade tax” (the fraud exception).

In Allen, (2007) 128 TC No. 4, the Tax Court held that the limitations period for assessment is extended indefinitely under Code Sec. 6501(c)(1) if the return is fraudulent, even though it was the preparer rather than the taxpayer who had the intent to evade tax. The Court found that the plain meaning of Code Sec. 6501(c)(1) doesn’t require the fraud to be the taxpayer’s. Rather, the Code keys the unlimited extension of the limitations period to the fraudulent nature of the return, not to the identity of the perpetrator of the fraud.

The U.S. Court of Federal Claims has ruled that the Code Sec. 6501(c)(1) open limitation period is restricted to instances in which the taxpayers themselves have the intent to commit fraud. On appeal, the Federal Circuit affirmed. That Court said that the “intent to evade tax” is confined to the taxpayer’s intent. (BASR Partnership v. U.S., (CA Fed Cir 2015) 116 AFTR 2d 2015-5432, affg (Ct Fed Cl 2013) 112 AFTR 2d 2013-6313)

Facts. Tipped off by an informant, IRS discovered a tax return preparer and his associates had prepared hundreds of fraudulent returns every year for 11 years. The fraudulent returns had several common features. They showed large refunds and partnership losses. The large partnership losses flowed through to the individual returns, and there were deductions for contributions to retirement plans. The bogus returns also reflected payments between partnerships and their partners.

The returns of John and Joan Finnegan, prepared by the same return preparer, fit the fraudulent-return mold. For example, they formed a partnership to hold rental property but never transferred ownership of the property to the partnership, nor entered into a partnership agreement. They never wrote checks to the partnership nor did the entity write checks to them. But their returns showed a capital contribution, and large losses caused in part by a guaranteed payment to the partners.

The return preparer was indicted and pled guilty to conspiring to defraud the U.S. and to interfering with the administration of the internal revenue laws. He then testified against one of his former business associates and declared that “[e]ach and every one” of the returns he prepared during the relevant time “contain[ed] some fraudulent entries.” The Finnegans were not part of the grand jury investigation into the return preparer and his associates. Nor were their returns used to support the indictments against the return preparer and his associates.

Roughly five years after the dust settled in the criminal proceedings, IRS issued a notice of deficiency to the Finnegans for the eight years that they submitted fraudulent returns. In their petition to the Tax Court, the Finnegans claimed that IRS had missed the three-year collection window and thus was too late. They claimed the fraud exception didn’t apply because IRS didn’t have enough evidence to show that the Finnegans’ fraudster return preparer had falsely or fraudulently prepared their returns. Citing Allen, IRS responded that the fraud exception to the three-year window applied because there was clear evidence that the return preparer had fraudulently prepared the Finnegans’ returns with intent to evade tax. The Finnegans never challenged Allen.

While the Finnegans’ case was submitted, but before the Tax Court issued its decision, the Federal Circuit affirmed the U.S. Court of Federal Claim’s BASR Partnership holding (see discussion above). IRS notified the Tax Court, and the Finnegans, about the Federal Circuit’s decision.

Tax Court. Relying on Allen, the Tax Court concluded that the fraud exception indeed was triggered, and the three-year window suspended, by the return preparer’s fraudulent intent. (Finnegan, TC Memo 2016-118) The Tax Court didn’t consider whether BASR Partnership undermined the result in Allen, and found that the latter case was controlling. The Tax Court also found that IRS had proven fraud with clear and convincing evidence. The Finnegans’ returns had many of the common elements that the fraudulent return preparer used when filling out bogus returns.

The Finnegans appealed, on two grounds. First, they argued that the fraud exception was triggered only when the taxpayer intended to evade tax; thus, they claimed the Tax Court erred when it found that the fraud exception was triggered by the return preparer’s intent to evade tax. In other words, they again argued Allen was wrongly decided. Second, they argued that the Tax Court abused its discretion by admitting the return preparer’s out-of-court statements (appearing as a witness in another proceeding against a former business associate, he said every return he prepared during the relevant period had some fraudulent entries), and by accepting the preparer’s affidavit testimony, in which he swore he had knowingly prepared false returns for the Finnegans.

Appeals Court. The Eleventh Circuit Court of Appeals rejected both arguments and affirmed the judgment of the Tax Court. The first argument failed because the Finnegans waived it before the Tax Court. They knew that IRS was relying on Allen and its holding, and they chose not to challenge it. They didn’t challenge it before, during, or after trial. In fact, in testimony, they explicitly told the Tax Court they accepted the result in Allen and were not challenging it.

As to the second argument, the appellate court agreed with the Tax Court that although the statements by the return preparer were hearsay, they satisfied the statement-against-interest exception to the ban on hearsay.

Under this exception, (1) the declarant must be unavailable to testify, (2) the statement must be “so contrary to the declarant’s proprietary or pecuniary interest” that a reasonable person would have made the statement only if he believed it was true, and (3) the statement must be “supported by corroborating circumstances that clearly indicate its trustworthiness, if it is offered in a criminal case as one that tends to expose the declarant to criminal liability.”

The appellate court ruled that each of these three elements was present. The return preparer wasn’t available to testify, his statements exposed him to criminal and civil liability from former clients, and his statements were corroborated by the Finnegans’ own testimony regarding the preparer’s role, his former business associates’ testimony, and IRS’s investigating agent’s testimony about the preparer’s modus operandi. Thus, the Eleventh Circuit ruled that the Tax Court didn’t abuse its discretion by admitting the return preparer’s out-of-court statements.

References: For when the assessment period remains open indefinitely, see FTC 2d/FIN ¶ T-4127; United States Tax Reporter ¶ 65,014.13.


Everything about America is in play this election. There is talk about getting rid of the tax system, our energy grid, the constitution, the Supreme Court, the rule of law, law enforcement & virtually everything else. We already rid ourselves of much of our history, statutes, individual businesses, downtown business districts and probably many things I didn’t think of. Once great cities are now mere shadows of their former greatness. Residents are abandoning them for safer cities.

 If the new regime decides to change the U.S. tax system to a European or other system, that will be a dire mistake that could stifle the marketplace for years or damage it irretrievably. Out tax code is probably one of the reasons the U.S. economy outperforms every other economy in the world. It certainly isn’t luck.

THE 16th AMENDMENT created two separate tax systems in the US. One for businesses & their owners, and one for everyone else. By mistake, not intention. There was some concern people wouldn’t vote for the amendment so Congress advertised in newspapers throughout the country, they would tax only ‘profits’. This became part of the amendment’s legislative history which made it a fundamental part of the amendment itself. The Supreme Court affirmed it in Glenshaw Glass in 1954, and Congress codified it in section 172 the same year. Ordinary taxpayers can deduct a few things, like mortgage interest & charitable contributions, which are a gift from Congress and can be repealed by an act of law. But Section 172, District Court cases & the Supreme Court make it clear that, for businesses, anything is deductible as long as it is ordinary, necessary & reasonable in pursuit of profits by a legitimate business, has economic substance & a valid business purpose. Absolutely nothing can be excluded if you meet those requirements. And who determines that? The taxpayer.

The courts added valid business purposes and economic substance to attack giant tax frauds, such as BOSS & SON OF BOSS. Even when Congress intends to prohibit a deduction, such as health club dues, it can still be legally deducted by re-characterizing it to advertising. Of course you have to prove valid business purpose.

In addition, our legislative form of government means a couple hundred people spend a considerable amount of their time proposing and passing new tax legislation every year, and every few years the president does the same. Major changes to the tax code are referred to as the 1939 tax code, the 1954 code, the 1986 code, and the 2016 code.

US TAX LAW IS A BLITHERING MAZE OF COMPLEXITY THAT CHANGES CONSTANTLY: The tax code is reportedly 77,000 pages long, and growing. Add in Regs, Rev Procs & litigated results, and it becomes quarter of a million pages. Which is a lot for a guy to handle. Most states have based their state tax code on the Internal Revenue Code. But, in the midst of all that clutter, the U.S. tax system is the best in the world.

No one can learn the tax code inside & out. These primary sources are tax law authorities that must be followed and include: the Internal Revenue Code, U.S. Treasury Regulations, Revenue Rulings, and Revenue Procedures. Primary judicial sources include: the Supreme Court of the United States, Courts of Appeal, District Courts, and the U.S. Tax Court. Add in 50 states and 172 countries and tax law that professionals have to abide by grows to unimaginable size, perhaps as much as 25 to 50 million pages.

I’m a mensan with a genius IQ and I cannot fully know tax law. The best I can do is get a grasp of the overall body of tax law.

To complicate all of that, is tax savings lie in playing one part of the tax code against another part.

Different from the criminal code.

But that’s not a bad thing for business taxpayers. Savings are hiding in the complexity.

As I said at the outset, the U.S. tax code is spectacular, by mistake. The U.S. is the only country in the world with a system that gives business taxpayers a measure of self defense against a government that does not always treat taxpayers with respect. A recent administration actually put the IRS to work auditing their opponents.

In progress. Still being written.

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Strategy vs. Goals & Plans

Strategy is a nebulous term that has never been adequately defined. It’s not just planning, but it involves goals & planning.

For instance, the way I normally describe the difference is this. The goal in WWWII was to conquer Germany. But it required a strategy, which involved goals, each of which was individually planned.

Looking back, their first goal was to drive Germany & Rommel’s North Afrika Korps. out of North Africa. The 2nd goal was to cross the Mediterranean Ocean & invade Italy. The third goal was to fight their way up the boot of Italy to draw attention & support away from the Russian Army invading from the North and from the West coast of Europe where the allies planned another invasion. All of these goals required individual planing, which resulting in catching Germany in a pincer action winning the war.

 Conquering Germany was the strategy, involving individual goals which were individually planned.

The accompanying article is another reasonable take on strategy.

MY STORY, briefly


After graduating from college with highest grades, I joined the biggest & best CPA firm in the world where I audited, advised & prepared tax returns for the largest companies in the world. After that, I joined the Fortune 500 where I held C Suite positions w/ 2 Fortune 500’s & led the team that introduced mag stripe cards to the marketplace, initiating the digital economy & revolutionizing the way the world does business, attempted LBO, ran for Congress, founded the first cloud based CPA firm in the country & built it to 7 figures. Clients in 46 states & 5 countries.

POWERFUL INTELLECT – Mensan • Genius IQ • Polymath • Creative • Innovative • Thought leader • Exponential experience.

Accountants, CPA’s

According to Google, there are 654,375 CPA’s, 29,000 attorneys, 210,190 CPA’s, 213 enrolled actuaries, 57,805 enrolled agents, 642 enrolled retirement plan agents and 60,463 people with other qualifications.Total tax preparers – For a total of 952,303 credentialed preparers. 155.8 million tax returns filed. Average tax returns, 164 per preparer.

Big 4
312,000 people work at Deloitte
219,281 people work at KPMG
270,000 people work at EY
276,000 people work at PWC.
1,077,281 Total

Fortune 500
The population of Fortune 500 companies is too diverse to come up with even a reasonable estimated average. Small Fortune 500’s have at least 500 accountants working for them. Larger Fortune 500’s have at least 10.000 accountants. For the entire Fortune 500 that average’s 5000 each.

Since the need for accountants is so great in Global companies, accountants & CPA’s are highly sought after.


The term CPA is a riddlewrapped in a mystery, inside an enigma.

The term has always troubled me.


I took my first CPA exam while still an undergraduate at my professor’s insistence, but I never got my score so apparently undergraduate scores didn’t count. I passed the exam soon after I graduated with half an hour in the AA&Co library to learn governmental accounting. I got my certificate nine months later when I satisfied the experience requirement.


The CPA exam was a popular topic of discussion among AA&Co staff, half or more of whom had not passed the exam. Other than that, it wasn’t discussed at all. It was just the price of entry to the accounting profession. Without it you could not very well practice accounting. For those who hadn’t passed it, it was like Damocles sword hanging over their heads.


My career progressed into Fortune 500’s, where they didn’t care whether you were a CPA or not. In fact, I never heard it mentioned. Two of my accounting bosses at two different Fortune 500’s did not have their certificate. As my career progressed into the C suite, the subject never came up. And to be perfectly honest, I began to see it as a bit of an impediment, that somehow it pulled me down to their level & degraded me.


Later after attempting to buy my Fortune 500 employer, attempting an LBO and running for Congress, the CPA designation came back into focus when I decided to open an accounting practice of my own. I suddenly found myself in an environment where the CPA designation was talked about a lot. In fact it separated the top echelon from the wannabes. If you had a CPA certificate the other CPA thought you walked on water.


I had a staff person one time who passed the exam while working for me. He immediately walked into my office and quit to open his own firm. I told him he probably didn’t have enough experience to go out on his own, but that just mad because he had always heard just the opposite. He joined an office sharing arrangement and then just disappeared. That experience had a big influence on my attitude about the CPA designation and on the general intelligence of CPA’s.


Over time I dropped the CPA & began calling my company simply ‘Ellis’, rather than the legal title ECPA PC or Ellis CPA Firm PC.


But the deciding factor hit yesterday while watching a Youtube video by Dan Pena about creating deal flow. Pena’s tagline is “the Fifty Trillion Dollar man” so he does have some influence and is worth listening to. Pena ridiculed the CPA designation. “People who call themselves CPA’s are doing business out of their bedrooms.” and “Deloitte doesn’t call itself CPA. Ernst & Young doesn’t call itself CPA. PWC doesn’t call itself CPA. Peat Marwick doesn’t call itself CPA.” In fact, out of 2019’s top 100 accounting firms, only four included the term CPA in the name.


That brought back memories of a magazine I subscribed to when I first started my practice. The Practical Accountant ran a monthly article of demeaning published comments about CPA’s, who were apparently widely ridiculed across society. The magazine ceased publication years ago, but apparently the attitude they wrote about is still prevalent.


So … This morning, I texted the person working on a new logo for Ellis to brand around and told her to nix the CPA. Not that I include it in our online name, but I was going to include it on my updated landing page, but I decided other wise.

It’s very likely that the CPA designation is a net negative in the real world.

Spending CPA Marketing Dollars

I read something in the book ‘Corporate Cancer’ that opened my eyes. After years of trying to advertise my way to fame & fortune, I recently wrote a post on LinkedIn saying advertising for new clients simply doesn’t work. You get a few new clients, just enough to keep you pouring money into advertising, but at the best, fees on new clients barely pay the marketing costs. I still believe that. But now, I know what does work.

Corporate Cancer is well written and easily held my interest, but it has nothing to do with marketing.  I didn’t expect to find any marketing revelations in the book, but I did. I got definitive proof in my mind that the best way to spend your marketing dollars is to establish your brand.

The author,  Vox Day, spent a couple chapters building the case that converged companies overrun by social justice warriors push positions that are deeply rejected by most of their customers. But SJW warriors hold positions that are low enough in the organization that most SJW activities escape the attention of Senior Management. The remarkable thing that caught my eye is this. Although many (most?) of their customers aggressively dislike or even hate the company’s public positions, most of them hang around because of the Brand. They are more attracted to a well established brand than they dislike how the company actively pushes an agenda they basically hate. While these companies are losing customers, they aren’t bleeding them as you would normally expect, for that reason alone.

If brands are powerful enough to work that kind of magic & keep customers who genuinely dislike a company’s SJW policies from switching to another supplier, then they are very powerful indeed. Imagine what could happen if the company actively pursued their customers’ business instead of ignoring them.

I had already decided to devote my marketing dollars to developing my brand. But now I am doubly convinced, because all of this makes sense.


Going Virtual & Other Experiences

When the Pandemic hit, we were already paperless & cloud based. We weren’t trying to be PAPERLESS. Nor were we trying to be REMOTE.  We were just trying to stay on the cutting edge of technology.

The first computer I ever saw was at the offices of my Big 5 accounting firm. It was a paper tape job. The second computer I ever saw, I actually mistook for a railroad freight car somehow misplaced into the basement of the high rise my Fortune 500 #254 employer had offices in.  It turned out to be a Burroughs mainframe computer. Burroughs was the big dog in mainframes in those days, but I was disappointed it wasn’t an IBM, the only computer company I had ever heard of. Your watch probably has more computing power than that behemoth. I’m still not certain whether the railroad car housed the computer, or if the railroad car WAS the computer. In any event, every month when the financial statements were printed, all the C Suite executives met in the basement to get the first P&L’s off the printing press. So as a young executive I was hob-nobbing with the CEO, CFO and all the CXO’s of a Fortune 500, about 15 of us in all. Actually, it struck me as foolish to require the entire C Suite (not called that in those days) stand around and watch a dot-matrix printer slowly crank out printed pages. But that’s what we did.

 IBM 360

Later when I was in the C suite of a bankcard company, we had dual IBM 360’s (probably the most successful computer IBM ever built) and later an IBM 370, which didn’t work out as well for us. The computers were sequestered behind glass walls on elevated floors to facilitate air conditioning necessary to keep those powerful computers from melting down to a puddle of plastic & metal.

After leaving the corporate world in the dust and running for Congress, I started my own accounting firm, where I bought two IBM System 3 computers. (My LinkedIn profile provides more info if interested.

it took all night to process & print one tax return. If you made a mistake, it took another day. Bookkeeping was more efficient, so we used them for bookkeeping, but we were actually just trying to stay on the front lines of technology innovation. We were certainly the first CPA firm in our city that used computers in any way. As a general rule, the CPA profession did not take quickly to automation. Two decades later I knew CPA’s who were still paper based and using adding machines (I still miss my adding machine.) and shipping off tax returns to be processed at processing centers. To this day, the largest CPA firm in the city I am now located in still provides paper copies of tax returns and charges extra for a digital PDF copy. They bought a building on a major street to increase walk-in traffic.

Today, the software is setting the pace, not the machinery, and certainly not your location. We have clients situated right next door to a CPA firm that uploads everything to us, half way across the country, for us to do their returns.

Everyone in our practice has a computer and two screens, but it’s the software where we outdistance our competitors. When the pandemic hit, we had 12 or 14 computers working with a server. When we got the stay at home order, it took us a day to move everything to Microsoft One Drive, and our server went the way of the horse & buggy. We added Textus & Microsoft Teams and that was it. But we could have done just as well without those new programs. Texting on our phones kept us connected. We hit the ground running & never stopped. When PPP came along. it gave us a boost in work load, but we were so efficient we pumped them all out like we’d been doing them for years. It disappointed us that it took the government quite a long time to decide how to tax them & the terms of forgiveness. If Chinese tanks pulled in front of their building, it would take them two weeks to decide what to do.

The biggest problem we had as dealing with 10-15 people scattered around the country without just walking down the hall and asking. It wasn’t that we weren’t communicating, it was that we were communicating too much. Everyone could text & call everyone else. We also had text groups for the Tax Team, The accounting & payroll team and the entire Ellis Team. Every time a message comes in I get a beep to alert me. Textus & Microsoft Teams also alert you to incoming messages. I remember one morning sitting in my home office listening to the messages come in. It sounded like a machine gun going off, and I knew I had to read every single one of them.

Our biggest problem was the communication was too efficient. Who would have thought? We may be unique, but everyone was closely connected and missed everyone, so they communicated back & forth about everything.

That’s our story, but we know for a fact, that was not everyone’s story. I have a family member that works for Spectrum, a local wifi provider. He said they were busy setting up offices at home for CPA’s. I have also stumbled across things on the web here and there about how CPA’s did not do well in the Pandemic. There were a lot of businesses that failed during pandemic, fortunately none of our clients. Those failures came from someone’s practice. But no one of them is willing to say, “We fell apart during pandemic.”


To this day, months into this thing, most businesses are not back to full staff.  Some of them still won’t let customers in their business. Every business that does is much less crowded than they used to be. Their business has to be off by half, or more. Nor are they stocked as well. Where I live, nearly every used car lot has gone out of business, and many restaurants. Before all this is over, more will fail. This is contrary to our experience. Our business actually increased during pandemic. What is everyone else not doing that we did?

Overall, the marketplace is moving backward, not forward. There is still a movement not to reopen schools, and I just got a notice on my phone that Sam’s is going to require masks again starting next week. My supermarket required masks two days ago. And where I live, nothing out of the ordinary going on.

Just between you & me, this is completely bullxxit. There are a lot of states reporting increased infections, but the fatality rate is lower than the ordinary flu. Plus there’s apparently some fraudulent reporting. In my opinion, this entire cluster-flux was politically motivated. If we can ever prove that, hundreds or thousands will go to the guillotine. I can’t wait.