Tax Guru – Ker$tetter Letter

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Archive for September 30th, 2017

More State Tax Refugees on the Way to Florida

Posted by taxguru on September 30, 2017

Just as with the Dim-Wits in power in the PRC, who believe the only answer to budget deficits is to soak their “evil rich” citizens even more, the Rulers in Illinois have the same formula for their financial shortcomings. 

It always warms my heart when I see stories such as this one, where State taxpayers finally reach their breaking point over being fiscally raped by their rulers and actually move to a lower tax state, which is frequently our new home state of Florida.

Fed-up Illinois homeowners consider moving: ‘It’s not just the property taxes on my home; it’s all of them’

The main problem with the growing population of tax refugees down here is the increased traffic congestion, especially when it comes to Hurricane evacuations.

Posted in StateTaxes | Comments Off on More State Tax Refugees on the Way to Florida

Trump’s Marxist Tax Reform Proposals

Posted by taxguru on September 30, 2017

As I mentioned earlier in the year regarding Trump’s plans to reform the tax code, I don’t intend to waste much time studying or discussing their specifics until it looks like there is a good chance that they will get some traction in Congress, where real tax laws are supposed to be written.  

However, listening to Rush Limbaugh’s discussion of the Trump tax reform ideas, I have to agree with Rush that this sounds more like a DemonRat plan than one true capitalists can support. 

Soaking the “evil rich” with even higher tax rates is counter-productive to boosting the economy and sounds more like a proposal from a Marxist president, like bHo or Billary Clinton. 

Trump is obviously doing this as a way of currying favor from the media and taking the wind out of any Dim claim that he will personally benefit from his proposed changes in the tax code.  However, he is now alienating those of us who believe in smaller, less costly government. 

The relevant transcript from Rush’s show on Friday:

Trump’s Pitching His Tax Cut Like a Democrat

Posted in TaxReform, Trump | Comments Off on Trump’s Marxist Tax Reform Proposals