New York knows how to kick people when they're down
There's nothing new about the bagel tax in New York, except that nobody has been enforcing it for ages. Now that times are tough, New York State, facing a budget deficit of over $9 billion, has decided to hit people where it hurts - by enforcing a tax on sliced bagels. "Sliced" is key - if you can find a way to stuff your bagel with the requisite lox and cream cheese and onion and tomato (my mouth is watering as I write), without actually slicing the bagel in half, and then scurry out of the store and eat said stuffed bagel on the sidewalk (because the tax applies to any bagel, sliced or otherwise, that is consumed on the premises from which it was purchased), then maybe you can circumvent the tax, but good luck with that.
Prior to this role, Caleb served as the editor of Going Concern since its founding in 2009. During his time as editor, Going Concern quickly became one of the most popular and talked about websites in the accounting profession. He has been named one of Accounting Today's Top 100 Most Influential People every year since 2011 and has been published on numerous websites, including Above the Law, Deadspin, Denver Business Journal, and the Huffington Post.
Caleb is an adjunct professor of journalism the Community College of Denver in Denver, Colorado, where he teaches Internet Media.
Prior to falling bass ackwards into the media business, Caleb spent over five years working in public accounting, with more than three of those years at KPMG. Caleb received a Master of Science in Accounting from Colorado State University and a Bachelor of Science in Business Administration from the University of Nebraska at Kearney.
Caleb spends a lot of time on a bicycle and reading, but never at the same time.