Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

Archive for October 10th, 2002

Posted by taxguru on October 10, 2002

Tug Of War

In typical political fashion, the campaign rhetoric is flying hot and heavy. There are people calling for more tax cuts, while others are calling for tax increases by stopping or rolling back the current phase-in of tax rate reductions. Illustrating the idiocy of our system, both sides actually claim to be solving the same problem of a slow economy with diametrically opposite solutions; tax cuts or tax hikes. I’m sure glad that medicine isn’t as schizophrenic as political economics. One doctor would prescribe aspirin for a headache, while another would recommend a lobotomy.

When it all boils out, where will we be? In spite of calls like this to continue the momentum of tax cuts and to simplify the tax system, we will end up with no substantial change. SNAFU.


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