Tax Guru – Ker$tetter Letter

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Posted by taxguru on April 1, 2015

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Drudge had links to some interesting tax related stories this morning:

No Joke: April 1st Brings Double Digit Sales Tax To Several East Bay Towns – It used to be a common belief that states with no income taxes made up the revenue by having much higher sales and property tax rates.  That is no longer the case. California has super high income tax rates, as well as high sales tax rates.  It was actually a big surprise to me when we moved down here to Florida, because I was expecting much higher sales and property taxes than we had in Arkansas.  It turned out that both are actually much lower down here.

IRS union calls for $1.9 billion more in funding – The PR campaign for more IRS money is in full swing.

IRS ignoring 60 percent of taxpayers’ calls as deadline looms – Self admitted by the less than truthful (he lied to Congress about Lois Lerner’s emails) IRS Commissioner as he pushes for more money for IRS employees.

IRS chief to GOP: You can’t abolish us – The number one goal of government employees is self perpetuation; so it’s natural to expect IRS employees to fight like crazy against any proposed changes in the system that could possibly reduce the scope of their power. The cruel irony is that they use our own tax dollars to fight any attempts to reduce their ability to confiscate more of our money.

Tax Freedom Day® 2015 is April 24th – The Tax Foundation’s annual calculation of when in the year we move from being slaves of the government to free persons who can keep the fruits of our labors.

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

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