The deficit is directly the result of the big spenders, such as Klansman Robert Byrd, and has nothing to do with allowing people to keep more of their own money through lower tax rates.
Posted by taxguru on May 21, 2003
The deficit is directly the result of the big spenders, such as Klansman Robert Byrd, and has nothing to do with allowing people to keep more of their own money through lower tax rates.
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Posted by taxguru on May 21, 2003
Congress Reaches Tentative Tax-Cut Deal
President Supports House Tax Bill
House GOP accepts $350 billion tax cut
Agreement close on tax cut bill
House, Senate Reach $383 Billion Tax Cut Agreement
Congress Tax Package Said to Total $382.8 Billion
Plan for Overseas Tax Increase Dropped – US corporations fought back against this idea because they would have ended up paying those extra taxes on behalf of employees stationed abroad or else be unable to find anyone to take on those assignments.
Bayh�s vote for tax cut vexes Dems – Both parties have their defectors from the standard playbooks.
70B gaffe in Senate tax plan – Who cares? The methodology they use to analyze proposed effects (static scoring) has been proven to be nothing more than WAGs (wild ass guesses) anyway.
House G.O.P. Leaders Agree to Eliminate Dividend Tax
Tax-Cut Victory Is at Hand. Congress has work to do, but the pro-growth future is bright.
There are harmful tax increases in the Senate tax package.
Permanent or not, these tax cuts will help.
The scent of pork -The true reason for the budget deficit; out of control spending by our rulers.
House GOP Targets Waste, Fraud In Government Programs – So far, it’s been all talk & no actual action.
Warren Buffett’s Marxist View of the World
Coring the Apple – The massive tax hikes in New York are going to be the equivalent of killing the goose that lays the golden eggs, as those high income earners who are being targeted for fiscal rape decide to leave the Empire State.
Tricky Dick – Since Roth IRAs were first introduced into the tax game about five years ago, I have consistently expressed my concern over relying on them very much because they only make economic sense if we can trust our rulers in DC to honor their promise regarding their tax free pay-outs. I have always had big problems advising anyone to give up current tax breaks, such as with conventional deductible IRAs, in exchange for some promised tax break ten, twenty or thirty years down the road. Since the beginning, I predicted that our rulers would pull the same switch on Roth IRAs as they did with Social Security, and tax payouts for anyone who is considered to be evil rich, such as anyone with more than $25,000 of income per year, as it is for SS. Rather than wait to stick it to Roth savers, one of our least favorite Socialist Congress-Critters, Dick Gephardt of St. Louis, is already proposing a radical change in the allowable retirement plans, including full taxes and penalties on those who used Roth IRAs. The scariest thing is that, among all of the DemonRat presidential wannabes, Little Dick Gephardt is considered a moderate.
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Posted by taxguru on May 20, 2003
Political Payoffs for Tax Cut Vote Switchers
GOP Seeking 3rd-Largest Tax Cut Ever
Talks zero in on $400 billion tax cut
GOP Will Aim for Smaller Tax Cut
Congress Plans to Deliver Tax Cut by Memorial Day
Try to get a tax-cut – A look at the games required to get a tax cut bill through the ridiculous rules of the Senate.
House’s sensible tax cuts outweigh anemic Senate plan
Tax-Cut Critics don�t have a leg to stand on.
Tax Cuts Complicate Democrats’ Campaigns
All Three Journalists on ABC’s This Week Denounce Tax Cut – Business as usual for the Anti-American Broadcasting Company.
Dems get concessions in the tax bill, but concede nothing
This contorted tax cut is still good policy.
Unfair, If You�re Over There. France doesn�t tax expatriate incomes. Why do we? – The Senate version of the tax cut bill repeals the long standing tax free exemption for foreign earned income, which is currently $80,000 per year. My guess is that these people, being out of the country, are deemed easy targets by our rulers, who obviously have less to fear from retaliation at the voting booth.
Legislature overrides gov – & we’re gonna pay – They are determined to ream the taxpayers in New York. Rudy Giuliani isn’t happy about that, although his successor in the mayoral position, Nurse Bloomberg, obviously loves it.
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Posted by taxguru on May 20, 2003
Of course, this is minimal compared to the volume of spam from the libs with their lies claiming that the tax cuts will only help the evil rich and will create huge deficits.
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Posted by taxguru on May 20, 2003
What DC giveth, the States can’t wait to take away.
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Posted by taxguru on May 20, 2003
The track needs to be extended well before 2007.
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Posted by taxguru on May 19, 2003
Caution: Tax Cuts Are Bigger Than They Appear in Budget – Some typically dishonest numbers games from our rulers in DC. However, this time, it works in our favor. They set artificial expiration dates for some of the tax cuts, with full intent to renew them in the next few years, just to meet their arbitrary budget numbers over a certain time frame. Since the numbers being used to gauge the effects of the tax cuts are completely bogus to start with, I can’t get too indignant over this latest charade. While it isn’t an honest way to look at financial projections, it’s no less truthful than the Left’s constant lies about the tax cuts causing massive deficits and only benefiting the evil richest Americans. We just have to keep the heat on the GOP to make the cuts permanent and prevent the Donkeys from repealing them, as some of them are still trying to do with the 2001 tax cuts.
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Posted by taxguru on May 19, 2003
The Senate tax cut saves the wrong jobs.
Will tax cut mean less government? Bush’s bid to restrain growth isn’t likely to succeed, analysts say.
Military waste under fire
$1 trillion missing — Bush plan targets Pentagon accounting – Of course, nobody will lose their job for misplacing a trillion dollars of taxpayers’ money. However, try leaving off $1,000 of income from your tax return and you’ll have bloody hell to pay with IRS.
Web Vigilantes Give Spammers Big Dose of Their Own Medicine – Some good news in the spam war. These freelancers will get the job of shutting down spammers done much faster than is possible by governmental agencies.
Charities get just dimes on dollar. State report shows amount fund-raisers skim from donations. – Why it’s best to donate directly to the charities you support and prevent the middlemen from siphoning off most of the money.
Insiders Say Lack of Financial Knowledge is Common – No kidding.
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Posted by taxguru on May 19, 2003
Don’t give them any more ideas.
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