

Posted by taxguru on June 1, 2003
States Use Gimmicks To Tackle Deficits – What’s wrong with this picture? Our rulers are rewarded with awesome powers and benefits for using “creative accounting” tricks to balance their books; yet those in the private sector who do the same things are prosecuted and sent to the slammer. It’s just one of the endless examples of the double standards by which we allow our rulers to stay in power.
Rethinking Prop. 13. Unintended consequences need attention
Debate over Prop. 13 still rages. Benefits are clear at tax time; the cost is harder to see
I always knew that eventually popular sentiment in support of the Prop. 13 limits and methods of reassessing properties would change when there would be enough people paying the much higher market value rates while their neighbors had the lower limited taxes, just because they have been there for several years. Resentment over someone else’s lower taxes is a natural human tendency in this country.
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Posted by taxguru on May 31, 2003
It has always been a hot issue, distinguishing where the boundaries are between functions we CPAs can legally do and when we cross over into the forbidden territory of practicing law.
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Posted by taxguru on May 30, 2003
George W’s tax cut victory (George Will)
Bush’s tax cut bridge (Larry Kudlow)
Bias against tax cuts (Bruce Bartlett)
President Signs Major Tax Cuts… Now What? (Gail Buckner)
A tax tally: the winners and losers
Some Candidates Quick to Urge Tax-Cut Repeal – The DemonRats are just so predictable that it’s getting a little boring listening to them whine about lower tax rates. Lower tax rates = less power that they can exert over our lives.
Sunset Spending, Not the Tax Cuts, If lawmakers are really serious about eliminating the deficit.
Democrats Criticize Latest Tax Bill – They are scared to death that it will do the trick and boost the economy, crushing Queen Hillary’s chances for a third term in the White House.
Corporate Tax Appeals Up in Sour Economy – If the value of commercial property has declined, it’s only faith that the property taxes on them be reduced accordingly.
Bill in PRC stiffens penalties for some tax shelters. Investors in schemes would pay more fines
The Death Tax Lives On In Several States – It is more expensive to pass away in those states that are not following the Federal phase-out and one-year (2010) elimination of the Estate Tax. While not the easiest thing to do, choosing what in which to reside during your last days on Earth could be part of an overall estate plan.
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Posted by taxguru on May 30, 2003
How many people actually believe that Warren Buffett and his fellow travelers who condemned the tax cuts will send their tax savings back to the IRS? Fat chance of that.
It has always made me sick that allowing people to keep any of their own hard earned money is considered to be a cost to the government. The argument from the Left is that’s a cost that we can never afford as a civilized society; yet we can always afford to spend trillions more on ridiculous and corrupt welfare programs.
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Posted by taxguru on May 29, 2003
The Tax Revolt Turns 25 – Remembering the property tax revolt in the PRC in 1978.
President Signs Tax Cut Package Into Law
Economic Impact Analysis of the Jobs and Tax Relief Reconciliation Act of 2003
Tax Law Omits Child Credit in Low-Income Brackets
Bush Signs $350 Billion Tax Cut Measure
$350-Billion Tax Cut Spells Relief, Bush Says
Bush signs his 2nd big tax cut
Bush signs $350b tax cut package
Tax cutters now take aim on �sunsets�
Bush Signs Tax Cut Bill, Dismissing All Criticism
DUBYA’S TAX-CUT CATCH-22 FOR DEMS
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Posted by taxguru on May 29, 2003
Tax Cut Great News for Retirement Security – Contrary to the left’s propaganda that only evil rich people have income from stock dividends, as I have seen with hundreds of real life clients, most dividends are received by older middle income folks. How the DemonRats can ever claim to be the saviors of senior citizens, especially after the 1993 Clinton-Gore hike in the tax rate on Social Security benefits, is a credit to the left-wing bias in the mass media and their ability to shape public perception. Their opposition to lower taxes on dividend income is just one more way in which they are anything but helpful to the older citizens in this country.
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Posted by taxguru on May 29, 2003
The Deficit Game – The libs and their fellow travelers love to fake concern over perceived budget deficits and their imaginary connection with tax rate cuts. They refuse to acknowledge the fact that deficits are strictly caused by too much spending and never have any problem fighting for more of that. They never mention any concern over deficits when pushing for another expensive big government program.
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