Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

Archive for May 29th, 2003

Posted by taxguru on May 29, 2003

The Tax Revolt Turns 25 – Remembering the property tax revolt in the PRC in 1978. 



President Signs Tax Cut Package Into Law



Economic Impact Analysis of the Jobs and Tax Relief Reconciliation Act of 2003



W’s ‘little bitty’ tax cut



BUSH MAKES THE CUT



Tax Law Omits Child Credit in Low-Income Brackets



Bush Signs $350 Billion Tax Cut Measure



$350-Billion Tax Cut Spells Relief, Bush Says



Bush signs his 2nd big tax cut



Bush signs $350b tax cut package



Tax cutters now take aim on �sunsets�



Bush Signs Tax Cut Bill, Dismissing All Criticism



DUBYA’S TAX-CUT CATCH-22 FOR DEMS



 

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Posted by taxguru on May 29, 2003

Tax Cut Great News for Retirement Security – Contrary to the left’s propaganda that only evil rich people have income from stock dividends, as I have seen with hundreds of real life clients, most dividends are received by older middle income folks.  How the DemonRats can ever claim to be the saviors of senior citizens, especially after the 1993 Clinton-Gore hike in the tax rate on Social Security benefits, is a credit to the left-wing bias in the mass media and their ability to shape public perception.  Their opposition to lower taxes on dividend income is just one more way in which they are anything but helpful to the older citizens in this country.

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Posted by taxguru on May 29, 2003

The Deficit Game – The libs and their fellow travelers love to fake concern over perceived budget deficits and their imaginary connection with tax rate cuts.  They refuse to acknowledge the fact that deficits are strictly caused by too much spending and never have any problem fighting for more of that.  They never mention any concern over deficits when pushing for another expensive big government program.



 

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Posted by taxguru on May 29, 2003

As with the Iraq war, the underlying motivation for the opposition from the JackAss Party is pure hatred of George W. Bush. Whatever he wants, they have a knee-jerk reflex opposition to it.



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Posted by taxguru on May 29, 2003

Advanced Child Credit Payments



Starting on July 25, IRS will be sending out checks to people who, based on info from their 2002 tax returns, will qualify for the new higher $1,000 per child (formerly $600) credit.  They expect to be sending out about 25 million checks for the extra $400 per qualifying child. They have more details on this, including the expected payment schedule on this page of their website.  As I said earlier, if you do receive one of these check from IRS, be sure to label it properly in your checkbook and/or QuickBooks register and give that info to your tax preparer when s/he works on your 2003 1040.  Otherwise, we’ll have more of same kind of problems we had with the 2001 IRS checks.

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