Tax Guru – Ker$tetter Letter

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Archive for June 11th, 2010

Posted by taxguru on June 11, 2010

Tobacco Taxes Finance Terrorism – Another interesting example of the unintended consequences of tax hikes that are put into place by short-sighted politicians who are too stupid to understand that tax increases motivate behavior in many different ways. There’s a lot of money to be made transporting cigarettes from low tax to high tax states.

Tax Hikes and the 2011 Economic Collapse – Famed economist Arthur Laffer has dire predictions for the 2011 economy due to businesses front-loading their income into 2010 in order to avoid the humongous tax increases next year as the Bush tax cuts expire.

Nobody Likes a Tax Hiker – It’s great when voters get a chance to really punish a RINO tax hiking lying politician, as they did in California to this scumbag.  Of course, as with pretty much all ousted politicians, he will most likely go on to a lucrative multi-million dollar career as a lobbyist, bribing and otherwise influencing his former colleagues on behalf of his well paying clients.  

Reforming the ‘Glorious Privilege.’ Why the tax code is like daytime television. – George Will looks at possible changes in taxes.  I’ve recently started watching Glenn Beck’s TV show and he makes it plain that his least favorite US President is Woodrow Wilson, for several very valid reasons.  If this quote that George Will attributes to Wilson is accurate, it’s definitely another good reason to despise him.

Woodrow Wilson, that incessant moralizer, said paying taxes is a “glorious privilege.”

Obamacare’s Avalanche of Paperwork – Deroy Murdock looks at the increased requirements for the filing of 1099 forms under the new socialized medicine scheme that our rulers are forcing down our throats.

Frequently Asked Questions on the Expiring Bush Tax Cuts – Useful info from the Tax Foundation.



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