Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

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Archive for August 1st, 2002

Posted by taxguru on August 1, 2002

Taxachussetts

The rulers in the cradle of our country’s liberty, Massachusetts, have the same disdain for the wishes of the lowly peons as the rulers of Arkansas have. They do everything possible to prevent the people from voting on tax issues.

KMK

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Posted by taxguru on August 1, 2002

Spitting Against the Wind

As it is in every State, here in Arkansas it is an extremely difficult & practically impossible task to reduce any kind of taxes. The full power & force of the government is utilized to stymie any attempts by the peons to in any way limit the amount of money that is sent in to fill the troughs of our rulers. I have only been living here for nine years; but I have already seen several attempts to remove property taxes met with a slew of dirty tricks by government employees and officials. They are so scared of allowing the people to vote on any tax reduction issue that they pull out all stops to prevent any such issue from appearing on a ballot.

The latest attempt to reduce taxes in Arkansas is an effort spearheaded by some fellow Arkansas Libertarians to have the sales tax removed from food and medicine. Rather than just benefiting the evil rich landowners, as a property tax repeal was portrayed, this would save everyone money. This effort is even endorsed by the Arkansas Democrat Gazette, the first time I have seen a newspaper in this state side with less taxes. Who could possibly be opposed to such an issue of fairness as not taxing the necessities of life (food & medicine)?

Government officials are scared to death to allow this to show up on the ballot and have gone through the petitions and tossed out several signatures based on technicalities that are never used to scrutinize ballot initiatives to raise taxes or increase the size of government. Luckily, the Axe The Food Tax group has until August 30 to acquire replacements for the signatures that the Secretary of State tossed out.

You can check out more info on this measure, and find out where to sign the petition at the group’s web-site: www.FoodTax.org

KMK

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Posted by taxguru on August 1, 2002

No Sales Tax

Although sales tax is really a small percentage of the total price paid for an item, areas such as Texas, are able to generate a lot of sales activity by having tax free days. It again makes my point that anyone who says that raising or lowering taxes doesn’t influence behavior (static analysis) is an idiot.

KMK

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Posted by taxguru on August 1, 2002

Government Accounting Standards

With the media and our rulers in DC piling on the story of creative accounting in the private corporate sector, it is important to put it into perspective. No corporation has been doing anything even closely approaching the insane accounting that has been routinely done by the people who control our lives in DC. Likewise, no corporation can possibly affect nearly as many people as the Imperial Federal Government does.

FoxNews has another good piece with some examples of how corrupt and incompetent the accountants are in DC, who handle trillions of dollars of our money every year. How soon do you think it will be before any of those responsible for these accounting frauds are paraded before the cameras in handcuffs, as are corporate executives? How about never? In fact, instead of prison time, which would be the fate of anyone in the private sector doing what our rulers do every day, our masters in DC will continue to receive raises and be re-elected forever.

KMK

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