Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

Archive for May 5th, 2003

Posted by taxguru on May 5, 2003

Bush Asks Arkansas to Press Senator for Vote on Tax Cuts – Unfortunately, our Senator, Blanche Lincoln, has a history of putting loyalty to the JackAss Party ahead of doing what’s best for the country; so there is almost zero chance of her voting for a tax cut.



House sold on capital gains tax cut – It messes things up by tossing new ideas into the mix.



Bucking Bush, Senator Takes a Thorny Path – The Left love to give plenty of publicity to the RINOs when they turn against Bush. 



Bush Tax Cut Drive: Heat Replaces Sweet – The DemonRats are putting up a fairly unified stand against supporting anything that could possibly help the economy; so efforts to sway them to vote for tax cuts are virtually useless. 



The Yard Sale of the Century Could Ease the Crunch – Selling off government owned assets makes a lot of sense, both at the State level, as well as for the Feds.

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Posted by taxguru on May 5, 2003


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Posted by taxguru on May 5, 2003

TAXING ‘TIL WE DROP  – The PRC doesn’t have a monopoly on the knee-jerk reaction to budget deficits by enacting huge tax increases.  New York is looking at record level increases that will motivate even more people to relocate to lower tax states.

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Posted by taxguru on May 5, 2003


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Posted by taxguru on May 5, 2003

Cutting Up the Tax Cut  –  The GOP is disappointing a lot of people by failing to use its control of the government to accomplish something as simple as reducing taxes.

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Posted by taxguru on May 5, 2003

Phase-In Fallacies – Bush & Co. need stimulus now, not post-election.



As I’ve always said, tax breaks that are phased in over several years are even more idiotic than most everything else that our rulers do to meddle with our lives.  It’s also very counter-productive.  If the dividend exclusion is phased in over several years, that will just motivate companies to hold off payments until the later years.  What is needed to stimulate the economy is immediate payment of dividends, not five years from now. 



This is just more overt economic sabotage by the DemonRats, who need as much misery as possible in order to take back control of the government.  Their hypocrisy on this is so blatant that we can only hope that more people can see through it.  They don’t miss any chance to slam Bush for the drop in the stock market and the size of many retirement accounts that were invested in stocks.  [For example, their idiotic joke that 401Ks are now 201Ks]  However, any effort by Bush to improve the stock market, which tax free dividends will do in a big way, is blocked by those same critics.   

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