Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

Archive for June 8th, 2003

Posted by taxguru on June 8, 2003

GOP Hopes to Start on Congress’ Spending – The only way to really address the deficit problem is to cure our rulers from their spendaholic ways.



Fight or Flight? G.O.P. Split Over Tax Credits – Refusing to give away $400 per child of additional welfare to people who don’t pay any income taxes would be a good step towards holding the line on spending.  However, it will be hard for some in the GOP to avoid wimping out in the face of the media onslaught of their typical leftist propaganda claiming that the recent tax cut allows evil rich people to literally steal food out of the mouths of starving babies.      



No such thing as ‘perfect’ investing



 

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Posted by taxguru on June 8, 2003

Money Talks and Everything Else Walks



The mercenary free market side of me really likes to see stories like this, where people who are in a hurry can pay for access to faster moving lanes on the highways.  They are even looking at this kind of thing in England, to go along with their recently enacted “congestion tax” which charges a toll for people entering the city during its busiest hours.



As I’ve always realized, money is one of the absolute best ways to motivate human behavior.  These ideas are very similar to an approach we have been using with clients who want their work to jump to the front of the line.  If they are willing to pay double our normal rates, we will drop everything and work on their stuff right away.  Not surprisingly, around 80% of the people in a panic rush are willing to wait their turn when presented with that choice. The other 20% are able to justify the doubled rate. 

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