Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

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Archive for the ‘Uncategorized’ Category

Posted by taxguru on October 15, 2003

Not-for-Profit Credit Counselors Are Targets of an IRS Inquiry – Many people who are already in poor financial shape fall for these credit counseling scams. Many of them are nothing more than fronts for the credit card companies trying to prevent people from discharging their debts through bankruptcy, while many others are outright frauds; receiving payments from their “clients” (aka suckers) and skipping town without forwarding any of that money to the creditors. Here is the IRS’s official news release on credit counseling agencies.

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Posted by taxguru on October 15, 2003

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Same Old Class War Game Plan

Posted by taxguru on October 14, 2003

Gephardt’s high-tax agenda

Democrats disagree over handling taxes – The only disagreement is over how high to raise them.

Lieberman proposes raising taxes on wealthy

Soak the rich is Lieberman’s new tax tack

Citing Fairness, Lieberman Proposes Tax-Rate Changes – He sure has a twisted interpretation of what is fair. It’s not enough that the top 50% of wage earners pay 96.03% of all income taxes. He wants to make the evil rich pay even more. What is the donkey equivalent of mad cow disease to explain how someone could think such reasoning makes any sense whatsoever ?

Lieberman’s Wallet Politics

Lieberman Proposes Tax Hikes on Wealthy

The DemonRats, who are obviously too wimpy and chicken livered to ever be entrusted with the physical security of this country, are also not even close to being mature enough to be in control of our economic security. The old soak the evil rich class warfare has come out in full force from the presidential wannabes. Little Dick Gephardt has always been openly socialist with his standard mantra that anyone who has anything did so by “winning life’s lottery.” However, when the person widely considered to be the most conservative of the JackAss Party takes to calling for even more persecution of the rich (defined as anyone having any more than anyone else), you know it’s time for them to retire the good old donkey as their mascot and just use the hammer and sickle that formerly symbolized the USSR.

The Double Benefit of Tax Cuts. They restrain government growth and promote investment. – Which is why the DemonRats oppose any cuts and are working overtime to rescind the ones that were recently enacted.

Isn’t It Rich, Being Rich? – Excellent reply to the class warfare talk by Neil Cavuto.

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Posted by taxguru on October 14, 2003

My new computer is slowly growing in capability as I install and transfer many of the hundreds of programs I use from my crippled computer. With FrontPage finally working for me, I am once again able to work on my main website.

I posted an article I wrote a month ago on how to handle loan origination costs on tax returns.

I’ve also strengthened the warning not to send us anything via Airborne Express. That company does not deliver to our area.

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Posted by taxguru on October 13, 2003

Schwarzenegger’s policy compass is clear – and conservative – Larry Kudlow is optimistic that Arnold is more than just a RINO. Let’s hope that turns out to be true, in spite of the influence of the Kennedy Klan on his policies.

Remind me again which political party is in favor of lower government spending. There is only one such party that I know of.

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Posted by taxguru on October 12, 2003

In spite of the removal of the incompetent and terminally corrupt governor, the chances of the PRC ever arresting the slide into more and more socialism are extremely slim; especially with a RINO in the top GOP position. New York City is a perfect example of that, with Nurse Bloomberg raising taxes and removing personal freedoms more than even any DemonRat would dare attempt.

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Posted by taxguru on October 11, 2003

Governor taxinator? – Let’s hope not. You can already sense the efforts to push Arnold in the direction of raising taxes, as if that is the only choice. Those efforts are for a couple of reasons by the Left. They obviously love high taxes; but they also want to discredit and smear the GOP by making Arnold break one of his key campaign promises – not to raise taxes unless after a humongous natural disaster. Although some may disagree with this, I don’t think Arnold was referring to the damage Gray Davis has done to the PRC. That was anything but natural.

Davis may sign hundreds of bills – His last chance to use taxpayer money to pay off his campaign contributors.

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Posted by taxguru on October 10, 2003

A sinking ship, with the departing governor drilling holes in the bottom, would also be an appropriate analogy for what Arnold is getting himself into.

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Posted by taxguru on October 9, 2003

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A Wake-Up Call To Our Rulers

Posted by taxguru on October 9, 2003

It was great to see Gray-Out Doofus kicked out of office and Arnold survive the smear campaign. I’m hoping this is a long overdue slap in the face for arrogant career politicians who take their omnipotent powers to run our lives for granted. The clip on Fox News yesterday of Nancy Pelosi moaning about how terrible it is that elected officials should have to worry about what their constituents think is a perfect example of the royal mentality of the ruling elite.

The recall campaign was very entertaining and just the right length, unlike the current two-year long run for the presidency. The blatant hypocrisy of the DemonRats when it comes to inappropriate touching of women, in the light of what Bill Clinton has been allowed to get away with, has been something like an old Saturday Night Live sketch.

Obviously, the U.S Constitution prevents Arnold from ever becoming President. I don’t see any need to amend the Constitution to change that rule. We have well over 300 million people in this country. To claim that any one person is the only one capable of serving as president is ridiculous. The only reason we would need to amend the rule to allow foreign born persons to occupy the White House would be if every US born person over 35 were to all of a sudden drop dead and we had nobody to fill that office. There are plenty of high offices that foreign born people can hold if they want.

My guess is that Arnold will be like some other actors (i.e. Fred Thompson of Tennessee) and serve a few terms in public office and then go back to show biz. That’s actually what our founding fathers wanted for our elected officials; a high turnover of people from all professions who serve for a little while and then go back to normal lives, letting others have a chance. The monopolization of power by career politicians like Gray Davis and Bill Clinton has led to the problems we now have with the over-reaching government control of our lives.

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