Posted by taxguru on June 5, 2003
The state budget mess should be blamed on the states. – Out of control spending and assuming that the stock market would grow by 20% per year and generate huge capital gain taxes for eternity were stupid maneuvers by the State Rulers, as well as by those in power in DC.
WELFARE IN THE TAX CODE – Giving people money back that they didn’t pay in is nothing more than income redistribution.
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Tax Guru - Ker$tetter Letter 