Missouri Tax Credits: Boondoggle – Thanks to Ben Cunningham for passing along this example of incompetence and corruption up in Jefferson City. I’m sure if someone were to check, they would find that the scammers who have made off with the $2 million in tax credit money made campaign contributions (aka bribes) of anywhere from $10,000 to $100,000 to those rulers responsible for the legislation creating these credits. As I’ve long said, there is no better return on one’s money, from a purely investment perspective, than campaign contributions. Mere thousands in donations return millions in direct paybacks, courtesy of the taxpayers.
Archive for July 9th, 2004
Posted by taxguru on July 9, 2004
‘Kerry Edwards’ Site Belongs to Bondsman – It seems that there is something good about having Kerry as a first name during this campaign season. This Kerry has been offered $30,000 for his web domain name and had the good sense to not take up the John sKerry campaign’s request to donate it to them. Lurch is married to a billionaire airhead and has the gall to ask people to donate things of value to his disastrous campaign. He will probably end up paying more than $30,000 for his regimen of Botox injections for his face.
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Posted by taxguru on July 9, 2004
The Most Insidious Tax – Taxing paper gains caused by inflation is an issue I have been writing about since the early 1990s, when President George H. W. Bush wimped out from the opportunity to remove that tax, as I described here. That option is still available if President George W. Bush wants to show that he has more conservative discipline than his father had.
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