Tax Guru – Ker$tetter Letter

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Archive for November 29th, 2012

Posted by taxguru on November 29, 2012

GOP Lawmakers May Break Anti-Tax Pledge – from The Onion, which has become virtually indistinguishable from the normal news media.

 

Companies Shelling Out Billions to Beat the ‘Fiscal Cliff’ – In anticipation of higher taxes on dividends.

 

Fiscal Cliff: Where Are Your Spending Cuts, Mr. President? –  As the naive Bush 41 learned, DemonRats always lie about making future spending cuts in exchange for up-front tax hikes. Spending is never cut in DC.  Are the current GOP rulers any less gullible than Bush was?

 

Two-thirds of millionaires left Britain to avoid 50p tax rate – And the morons in DC think this won’t happen here if they jack up the tax rates on the evil rich.

 

Conservative think tank scholar: Raise taxes on the middle class – There is some merit in the concept of spreading the tax burden across more than just the top five percent. If more people paid taxes, they would probably be more concerned with the out of control spending by the drunken sailors in DC.

 

‘Fiscal Cliff’ Could Put Millions of Taxpayers Into ‘AMT Shock’ – The insane AMT will be nailing millions more people.

 

Dims Plan to raid 401k Accounts –  As I have long warned, our rulers in DC have no qualms about breaking promises and changing the rules for retirement plans.  I would think that investments in non-liquid assets, such as real estate, will be more difficult for the DC thieves to go after than cash accounts.

The 401(k) Is a $240 Billion Waste

Amid Tax Talks, a Cry of ‘Save My 401(k)!’

Fiscal Cliff: Why Congress Might Have to Mess with the 401(k)

Does Government Want To Drain Americans’ 401(k) Plan?

 

 

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