Posted by taxguru on February 3, 2003
Bush Proposes New Tax-Free Savings Plans
More complicated options added to a slew of already confusing plans. However, this is just a proposal, with a long way to go before enactment into real world law; so don’t worry about learning these rules yet. They will be changed quite a bit. Remember how tax laws are developed.
KMK
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Posted by taxguru on February 3, 2003
Taxes Are The Symptom
While it should be obvious, I always need to remind people that our ever increasing Federal tax burden is merely the symptom of a much bigger problem. The root cause is this, a non-stop expansion of the reach and cost of running all of the programs that our rulers in DC insist on sticking their noses into. Over 2.2 trillion dollars need to be taken from the people each year. The chances of this number ever decreasing in our lifetimes are slim to none; so you can either accept the fact that you have an increasingly greedy financial partner or you can take steps to minimize the damage.
KMK
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