Archive for March 29th, 2003
Posted by taxguru on March 29, 2003
Making tax cheats pay up can pay off
However, before striking it rich by turning in all of the tax cheats you know, make sure your house is in order. I have seen plenty of cases where informants had the whole thing bite them in the butt when the tables were turned on them. That’s in addition to the inevitable retribution from the persons being turned in.
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Posted by taxguru on March 29, 2003
It is a fact that the momentum for the tax cut has been slowed by the Iraq situation.
While a few of the editorial cartoonists around the country seem to grasp that, most of them feel a need to continue to spread the Left’s lies about the tax plan, such as it’s only for the evil rich, it is irresponsible in times of war, and it will increase the deficit. All of those are untrue and will not be tolerated here. Our rulers in DC, especially the Senate, need to focus on the truth that reducing tax rates will encourage much more economic activity and more tax revenue, and fight off the Left’s propaganda machinery.



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Posted by taxguru on March 29, 2003
Estate planning has a lot of twists.
Some parents let their future heirs know what to expect, while others keep it a secret. My instinct is that giving your kids a reason to hope for your early demise may not be the wisest move.

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Posted by taxguru on March 29, 2003
Who’s smarter?
Some more details on how foolish it is to trust Hollywood lefties for foreign affairs advice over the officials in the Bush administration. Playing a scientist or other intelligent person in a movie doesn’t magically implant a real scientific education into the brain of actors.
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Posted by taxguru on March 29, 2003
This is why IRS loves withholding of taxes before you are paid. If they didn’t snatch the money up front, and people had to write actual checks for their taxes, they would catch on to how much they are paying in taxes; to say nothing of the fact that most people aren’t disciplined enough to save money for taxes after paying for everything else.

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Posted by taxguru on March 29, 2003
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Posted by taxguru on March 29, 2003
Reducing tax rates will stimulate economic activity.
Those holding up the cuts are intentionally stifling the economy for their own political benefit. Tom Dashole and his Fellow Travelers in the JackAss Party want the country to stay in a recession so they can exploit it in 2004.

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Posted by taxguru on March 29, 2003
Luckily, IRS does give a lot more advance notice before swooping in (for normal non-criminal audits). However, let’s hope this doesn’t give them any ideas.

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