Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

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Archive for June 29th, 2002

Posted by taxguru on June 29, 2002

Making A Bad Situation Worse

One very consistent thing in this world is the utter incompetence whenever our rulers in DC deem it necessary for them to intrude into the marketplace and fix a problem. You can be sure that they will succeed in making the problem worse.

With the recent revelations of creative accounting at some large corporations, politicians are literally chomping at the bit to take over the auditing profession. I couldn’t agree more with this prediction of even less reliable numbers if our rulers succeed in getting their fangs into our profession. As I’ve said ad infinitum, the accounting tricks our rulers in DC have been pulling for decades are so much more nefarious than anything I have seen so far with the private corporations.

KMK

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Posted by taxguru on June 29, 2002

No Such Thing As A Free Lunch

With both of the big political parties working to continue their expansion of the imperial Federal government’s control over every aspect of our lives by providing prescription benefits for senior citizens, the impression is that all seniors are demanding this costly benefit.

I was glad to see this letter to Rich Lowry of National Review from a man who understands the trade-off between freedom and government benefits. As Queen Hillary’s failed socialist health care plan so explicitly laid out, when individuals accept Federal assistance, they cede to our rulers in DC the decisions as to what, if any, health care is allowable. I hope there are more people like this letter writer who understand the connection between money & freedom. Government payment plans always have very restrictive strings attached.

KMK

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