Other People’s Wealth Benefits All of Us – A refreshing counterbalance to all of the “hate the rich” rhetoric that is so popular nowadays in this country, especially among pathetic idiots like John Kerry and his Fellow Traveler DemonRats.
Archive for the ‘Uncategorized’ Category
Posted by taxguru on March 1, 2004
John Kerry on the Record: The Tax Man Cometh – It is just so embarrassing to see so many news stories associating my name with the concept of raising taxes.
IRS Interest Rates Increase for the Second Quarter of 2004 – IRS is raising its rate on late payments to five percent as of April 1. I’ve also updated this info on my Quick Reference page.
IRS Updates the “Dirty Dozen” for 2004: Agency Warns of New Scams – This year’s list includes the Corporation Sole scam, which I have noticed has been receiving a lot of attention lately. It’s no different than the Pure Trust scam. Quatloos has a good debunking of the Corporation Sole scam.
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Risky Retirement Plan
Posted by taxguru on February 29, 2004

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Posted by taxguru on February 28, 2004
IRS Says This Year’s Average Tax Refunds up Almost $100 – This is something the DemonRats don’t want people to connect to the Bush tax cuts, because those supposedly only benefited the evil super rich.
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From MSN Money
Posted by taxguru on February 27, 2004
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More Basic Economics
Posted by taxguru on February 27, 2004
This is a good explanation of how damaging to the economy high tax rates are. Contrary to the static view of the economy espoused by so many people, tax rate changes do have very real and profound effects on economic behavior. Real life is a more dynamic situation with high tax rates acting as a direct disincentive to making money and low rates as a very powerful inducement for people to earn as much taxable income as possible.
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Economics Lesson
Posted by taxguru on February 27, 2004
The never ending diatribe by the DemonRats and their Fellow Traveler RINOs condemning tax cuts as irresponsible windfalls for the evil rich warrant another look at this restaurant example to illustrate the basic fact that tax rate cuts must, by definition, save those who pay the most taxes in the first place the largest amount of money.
Unfortunately, there is such a shortage of common sense, as well as economic literacy in this country that the Left’s lies are so readily accepted as truth. It’s no coincidence that the media’s leftist leanings, and unbridled hatred of Bush, aid in making this misinformation campaign so successful in influencing so many people. Their not subtle insinuations that every dime of tax saved by an evil rich person is taken straight out of the pockets of poor blue collar workers is insulting to the max for those of us who understand what a load of donkey droppings that is.
(Thanks to Andrew Roth at MoveRight.org for the link to this new rendition.)
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Posted by taxguru on February 26, 2004
Call for Benefit Cuts Spurs Political Frenzy – The deadly “Third Rail” of politics has been grabbed hold of. While I doubt if anything substantial will be done to remedy the SS problems, it’s at least a good move to put the issue out there for debate and discussion. Continuing to keep our collective heads in the sand and hoping the problems will fix themselves can no longer be enough.
Net Phone Calls Eyed for Taxation – With any new technology, the tax vultures are certain to be hovering around.
Tax Distribution Tables don’t Account for Income Mobility – Just as the definition of who is rich is subjective and changes over time, the inhabitants of the various tax brackets change quite often. I have seen plenty of people move from the very top bracket to the lowest and all around. To claim that everyone is always in the same bracket for their entire lives, as many of our rulers and wannabe rulers would have us believe as part of their class warfare rhetoric, is ludicrous.
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