Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

Archive for January 13th, 2005

Posted by taxguru on January 13, 2005

Social Security: Defending the cap – One of my long running predictions on how our rulers will try to keep the Social Security system anywhere close to solvent is the removal of the cap on income subject to the tax, while at the same time denying benefits to those same people.  Those “evil rich” people have long been high profile targets for the leftys who love to exploit class warfare and others’ envy of the wealthy to garner support from their base.

 

Grading the Social Security debate – Good look by Alan Reynold at many of the bogus issues being discussed in this debate, including AARP’s extremely dishonest propaganda campaign to equate private control of retirement accounts with outright gambling.

 

The Net Is Modernizing Home Buying and Selling – How I wish we would have had the current access to real estate info via the internet 13 years ago, when we were scoping out places to relocate to in our escape from the PRC. 

 

The Social Security crisis begins in just 5 years From Donald Luskin.  I’ve considered the system to be in crisis for decades already, considering the hundreds of thousands of dollars people have been forced to pay into the Ponzi Scheme.

 

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Posted by taxguru on January 13, 2005

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Posted by taxguru on January 13, 2005

Daunting tax-reform task – Bruce Bartlett is also not too optimistic about the the tax reform panel’s chances of actually accomplishing anything worthwhile.  As I said earlier, without the input of at least a few real world tax practitioners, the entire exercise seems futile.  They don’t have to remove any of the current members.  Just add someone from one of the big CPA firms who can address tax issues facing large clients and a small firm CPA or EA who can convey how things are for smaller clients.

 

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Posted by taxguru on January 13, 2005

Emulating their spokesman Dan Rather’s approach to dealing with reality, the DemonRats think they can continue to control all of our money by denying that there are any problems with Social Security and continuing with their arrogant attitude that people are just too stupid to see the truth for themselves.

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Posted by taxguru on January 13, 2005

…and it’s so much more fun when they’re doing it with other people’s hard earned money.

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