2006 Cuts In Domestic Spending On Table – We can only hope.
Archive for May, 2004
Sympathy for Suckers?
Posted by taxguru on May 26, 2004
I received the following email a few days ago:
Subject: Tax scams, 3000 African-American Clients
In the Charlotte, North Carolina area many African-American individuals trusted a lady by the name of Anewa Tiari-El. She was paid thousands of dollars to file the so-called 1040X that enabled tax payers to receive large refunds based upon the Individual Master Files.
The IRS did send out these refunds to many taxpayers. However, Ms. Tiari-El had the clients sign a power of attorney which enabled her to have the checks transferred to her business account. Thus, she did not give many of the clients the monies.
When the matter hit the news it was publicized as if she was fraudulent and the IRS closed down her office. Now several thousands of African-American families are being penalized and their present taxes have been affected.
It appears that this lady did tap into something. Presently, the IRS is still sending out these refund checks.
Is there any hope for the truth to come out and how can these families be assisted?
Would anyone be interested in this matter?
Thanks,
Nadira A.
My response:
Nadira:
This sounds like the infamous slavery reparations tax credit scam.
IRS is not still sending out those refund checks. Some did slip out early in the life of this scheme; but not any more.
I don’t mean to be insensitive, but I have no sympathy for those people foolish enough to pay someone to obtain these “too good to be true” refunds. Their greed and gullibility led them into a useful and possibly expensive lesson that I hope they learned.
You can see more info on this from IRS:
IRS Issues Consumer Alert on Slavery Reparation Scams
IRS Updates the ‘Dirty Dozen’ for 2003: Agency Warns of 12 Common Scams – Number 4 of the Dirty Dozen Tax Scams
Kerry Kerstetter
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Leftist Tax Scorecard
Posted by taxguru on May 25, 2004
Annual Scorecard Shows Who Passes and Fails America’s Middle Class Families – Judging the quality of a tax system is by definition a very subjective task. The funniest thing about this “scorecard” is the claim that the group publishing it, Drum Major Institute, is non-partisan. Any group that gives John Kerry a 100% grade (and DemonRats as a whole 96%), on tax issues is obviously as Marxist as the JackAss Party. From this group’s blog, which they call ProgBlog, they reveal their true nature. For many years now, leftists have been afraid of the stigma attached to the Liberal label; so they use the alternative term of Progressive.
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Posted by taxguru on May 24, 2004
A Guide for Correcting the Course of Your Retirement Savings
Tax Code Repeal Bill Introduced in Senate – It would be great if such an action were actually real and not just a publicity stunt.
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Posted by taxguru on May 22, 2004
Against the American Aristocracy – Thanks to Dana Stahl for passing along this reminder that there are still plenty of Marxists around who welcome the idea of the big central government redistributing wealth. The concept of “equality” is too often misused to justify such measures. What we are supposed to have in our society is equality of opportunity; not equality of results. There will always be people who have more than others. To declare such a situation as inherently evil is just plain wrong and is really nothing more than a reason to justify central government control over all wealth.
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Funding a retirement account
Posted by taxguru on May 22, 2004

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Posted by taxguru on May 22, 2004
Seeking the Wisdom of Ancients – The quest for the perfect tax system is universal and never ending around the world. In Japan, they are referring to how things were handled thousands of years ago in order to see how modern systems can be modified. How long will it be before our rulers in DC try the same approach?
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Expanding the Child Tax Credit
Posted by taxguru on May 21, 2004
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How our rulers plan their budgets:
Posted by taxguru on May 21, 2004

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News Catch-Up
Posted by taxguru on May 21, 2004
I’ve been tied up for the past few days and unable to check as many news stories as I normally do; so some of these are a little older than is usually the case.
Bush’s shaky base – Taking the conservative voters for granted and trying to buy votes from liberals could be a problem for Bush. As I’ve said many times before, sitting out the November election won’t make as powerful statement to Bush about our disenchantment of his embrace of Big Government programs than actually registering a vote for a party that shares the conservative principles of small constitutionally justified government, which just happens to be the Libertarians.
Frist: Senate May Debate Tax Cut Budget
Attorney argues blacks don’t owe income tax – This is even more idiotic than the ridiculous reparations argument some morons have been trying to pursue.
Who’s profiting off high gas prices? Not the owner of the Kwik-E-Mart.
Legislation on IRS Collections Reflects Clashes Over Outsourcing – An issue that pops up regularly – using outside services to collect on unpaid taxes. Privacy and confidentiality issues still remain controversial.
Child Tax Credit Approval Caps Busy Month
Internet Lowers Real Estate Commissions – This is as it should be with information becoming more widely available.
A Scan of the Headline Scanners – A good look at some of the most popular ways to use the RSS feeds that are becoming more prevalent on the web. I have been very happy with my setup on the Bloglines service for the past several months.
Shrinking Government – The only way we can ever expect to see lower taxes.
Presidential Tax Returns – Actual copies of the 1040s from a number of presidents, as well as veep Dick Cheney.
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