Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

Archive for July, 2012

What the DemonRats do best…

Posted by taxguru on July 16, 2012

From Blog Pix

The Dims sure know how to attract voters…

Democrats open door to letting taxes rise in 2013 to reset debate with GOP

 

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Tax Bomb coming in 2013

Posted by taxguru on July 14, 2012

Under the current timetable, as of January 1, 2013, the Federal tax rate on capital gains will increase from 15 to 23.8 percent, and the tax on dividends will increase from 15 to 43 percent.

Good discussion of this from PJTVBarf Alert –  includes clip of 0Bambi proclaiming himself as a big tax cutter.

 

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Posted by taxguru on July 13, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

From BlogComix2

 

 

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Posted by taxguru on July 13, 2012

 

 

 

 

 

 

 

 

 

 

 

 

From BlogComix2

 

 

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Posted by taxguru on July 13, 2012

 

 

 

 

 

 

 

 

 

 

 

From BlogComix2

 

 

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Why some consider taxation to be a form of slavery…

Posted by taxguru on July 13, 2012

Americans Will Work More than 6 Months to Pay Cost of Gov’t in 2012

The Cost of Government Center, an offshoot of Americans For Tax Reform, has issued its 2012 report on the tax burden of Americans.  Its Tax Freedom Day, when we are allowed to keep what we earn, is calculated as July 15 this year.

From Blog Pix

 

The full 48 page pdf is very interesting, with a lot of great graphs and looks at other tax proposals, such as the Buffet AMT scenario.

They also have this great chart of how much government taxes and regulations add to the cost of products and services on their Tax Bites page.

From Blog Pix

 

 

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Posted by taxguru on July 12, 2012

Budget Insanity – John Stossel’s brief recap of the mess our rulers have made of this country’s financial affairs in DC.

 

It is a fact proven by real life that lower tax rates do not reduce tax revenues; but actually increase them.  However, the Left will not stop perpetuating the lie that lower tax rates are the same thing as the government taking food out of the mouths of babies and giving money to the evil rich and that they cause the budget deficit.  Once again, Thomas Sowell debunks this myth.

The Invincible Lie – Part 1

The Invincible Lie – Part 2  

Of course, DemonRats and their fellow traveler useful idiots in the mainstream media never allow such things as real world facts to get in the way of their class warfare propaganda; so they will continue to spout their lies about lower tax rates being a handout to the evil rich.

 

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Posted by taxguru on July 12, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

From BlogComix2

 

 

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Posted by taxguru on July 12, 2012

The other foreclosure crisis: Losing a home over $400 in back taxes – This is why I have always considered property taxes to be one of the most immoral taxes in existence.

 

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Posted by taxguru on July 11, 2012

Obama tax hike would affect 1.2 million small businesses –  Part of his plan to punish success and continue intentionally destroying our economy.  

 

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