
Archive for August, 2003
Raise Taxes At Your Peril
Posted by taxguru on August 28, 2003
I know from personal experience with hundreds of clients that many people have fled the extremely heavy taxation in the PRC by relocating to Nevada. Those tax refugees also brought with them the concept of direct citizen participation in controlling misbehaving rulers.
Recent tax hikes by Nevada’s GOP governor have riled up enough people that they have already started a recall effort against him. This is great, that people are no longer just bending over, grabbing their ankles and letting their State rulers have their way with them and their money.
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State Tax Amnesty Programs
Posted by taxguru on August 28, 2003
The Federation of Tax Administrators has a handy summary of the currently open state tax amnesty programs, as well as all such programs that have been used since 1982.
The amnesty programs currently in progress are:
Florida: July 1 – Oct. 31, 2003
Missouri: Aug. 1 – Oct. 31, 2003
Arizona: Sept. 1 – Oct. 31, 2003
Maine: Sept. 1 – Nov. 30, 2003
Virginia: Sept. 2 – Nov. 3, 2003
Kansas: Oct. 1 – Nov. 30, 2003
New York City: Oct. 20, 2003- Jan. 23, 2004
There are pros and cons to participating in these programs; so examine all of the consequences before jumping in. The biggest con is the fact that the information provided to the State tax agencies will be shared with IRS, which has no amnesty program. You really shouldn’t consider even taking part in any State amnesty program unless you are ready to come clean on delinquent Federal taxes as well.
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How our rulers function
Posted by taxguru on August 27, 2003

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Posted by taxguru on August 27, 2003
No Tax Pledge Becomes Test for Schwarzenegger
The Realities of Courage – According to the all so wise members of the media, bravery is raising taxes. Some of us would call it stupidity.
Gross Distortions – Would the media lie about the effects of the tax cuts? Do bears crap in the woods? Molly Ivins also does her part to distort the truth about the results of lower taxes on dividends.
Oregon Tax reform is among issues that could spur extra sessions
IRS Out of Control – Last year, during the campaign for the real PRC election for governor, some jerks at IRS revealed what was supposed to be confidential info on challenger Bill Simon’s taxes. Even though it was a clear violation of the law, nobody at IRS has been punished. Business as usual, using the IRS as a political weapon. This is how I predicted it would end up when I wrote about this matter last year.
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Posted by taxguru on August 26, 2003
California conservatives and the choice they face
Why Rush is Wrong about California and Why Arnold Schwarzenegger is the right guy at the right time
Schwarzenegger rakes in money. $788,000 HAUL: State businesses flock to aid actor – So much for his claim that he had plenty of his own money to use for the campaign and that he wouldn’t take anything from special interests.
IRS, FBI Agents to Track Terror Financing in Saudi Arabia – The side benefit to this is less IRS resources to harass us law abiding citizens.
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Posted by taxguru on August 25, 2003
Harrison Abstract auction faulted – At the time, I thought the auction of Harrison Abstract’s building was fairly sudden, with very little advance notice.
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Posted by taxguru on August 24, 2003
The level of public, political, and press ignorance about matters financial is truly staggering. – Duh.
For David Broder, “Realism” Always Means Raising Taxes
CNN Lauds Arnold for “Savvy” of Rejecting “No New Taxes Pledge” – They aren’t still called the “Clinton News Network” for nothing.
Wall Street Seeks Clearer Deficit Signal – In typical liberal fashion, this article blames the deficit on the tax cuts, when it has been directly caused by out of control spending.
National Conservative Groups Warm Up to Schwarzenegger
Arnold’s a supply-sider, which works to Bush’s advantage. – At least Larry Kudlow thinks so. I’m not so sure. You have to have doubts about anyone who relies on Marxists for financial and economic advice.
Big-Government Conservativism Is Here – That is another term to be added to the list of oxymorons we encounter every day.
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Posted by taxguru on August 23, 2003
California Needs Conservatism. The case for someone other than Arnold Schwarzenegger. – Rush shares my opinion that Arnold is not the kind of true tax fighter that the PRC needs if there is to be any hope of salvaging the State from its slide into the abyss of socialism.
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