Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

Archive for June, 2011

Posted by taxguru on June 30, 2011

From Blog Comix

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Posted by taxguru on June 30, 2011

From Blog Comix

 

 

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Does it surprise anyone that our Communist president wants to raise taxes instead of reduce spending?

Posted by taxguru on June 29, 2011

 

This is an actual unmodified graphic from a real news story.

From Tax Info

 

More important than ever:

TaxCoach Software: Finally! Plain-English Tax Planning That Builds Your Business!

 

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Big Government can never have less of your money…

Posted by taxguru on June 27, 2011

From Blog Comix

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Defining what a Ponzi Scheme is…

Posted by taxguru on June 24, 2011

Rush Limbaugh justifiably went nuts discussing this ridiculous article in USA Today.

Is Social Security an investment Ponzi scheme?

This moron, Matt Krantz, and his consultants admit that the Social Security system is a failure, but they claim that it doesn’t meet the technical definition of a Ponzi Scheme.

“Social Security is not a Ponzi scheme because it wasn’t an intentional fraud, he says.”

This is insane.  Our rulers routinely set up programs that can’t possibly work out properly, knowing full well that they will be dead by the time the fraud is discovered. Social Security, Medicare, and ObamaCare are just a few of the many multi-trillion dollar boondoggles that cannot possibly work out as promised. 

Good intentions by big government liberals don’t mask the fact that their pie in the sky schemes are built on quicksand and doomed to fail.  I’d say that these are due to either fraud, incompetence or a combination of the two.  For the investors in these schemes (we taxpayers), we are stuck in exactly the same manner as with a private enterprise (Madoff, et al) Ponzi scheme.

 

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Posted by taxguru on June 24, 2011

Could Simplifying Corporate Taxes Help Save the Economy? – The “Duh” question of the century.

 

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It’s going to be a bumpy ride…

Posted by taxguru on June 23, 2011

From Blog Comix

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IRS Increases Standard Mileage Rate As of July 1

Posted by taxguru on June 23, 2011

Because the chances of fuel prices going back down to where they were at the beginning of the year are so slim, IRS has take the rare approach of modifying its standard mileage rates mid-year in the following news release.

IRS Increases Mileage Rate to 55.5 Cents per Mile

From Tax Info

It’s unlikely that the 4.5 cents per mile increase will be enough to cover the actual higher fuel costs incurred by most people, so it’s even more important to keep track of actual vehicle expenses. 

This is only going to get worse if 0Bambi and his fellow travelers succeed in their plans to make gas cost eight to ten dollars per gallon.

 

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Posted by taxguru on June 16, 2011

Why 70% Tax Rates Won’t Work – A reminder that lower marginal tax rates result in more tax revenue. This falls on deaf ears with Marxists who insist on high confiscatory tax rates for the sake of having ultimate power over as much of everyone’s money as possible.

 

 

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DemonRats spending us all into the Poor-House

Posted by taxguru on June 13, 2011

 

Your household’s share of unfunded obligations: $527,000

 

 

From Blog Comix

 

 

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