Tax Guru – Ker$tetter Letter

Needy local, state governments tack more taxes onto travelers – Tourists are popular targets because they can’t vote and punish the rulers who nail them with those taxes.

Tax Surcharge on Wealthy Reaching Middle Class – More on the insidious AMT.

Future power of personal accounts – Allowing the little people any control over any portion of their Social Security money is going to be a tough battle.

State spending seen increasing despite nationwide fiscal crisis – State Rulers are like drug addicts when it comes to spending money.

In all fairness, the governor isn’t alone in incompetent leadership. Toss everyone out and replace them with names randomly picked out of the phone book. They couldn’t do any worse than the professional politician clowns in Sacramento have been doing.

Bush is disappointing a lot of his earlier supporters by continuing to feed this fat pig and not putting him on the starvation diet that is the only way to save his life.

Sherry said a friend saw a story about the FBI involvement in investigating the Harrison Abstract case on TV; but I haven’t been able to find any mention of it on any of the websites for the Springfield, Missouri or Fayetteville, Arkansas TV stations. The Harrison Times is still doing a good job covering the story.

FBI probes firm

Brown’s assets listed – Per the Boone County Assessor’s office. This only includes motor vehicles and doesn’t show other assets, nor anything located outside of the county.

Brown auction sees 500 attend

I’m not involved in the investigations, and I hesitate to comment from the sidelines without knowing all the facts. However, having worked on several cases like this, I can’t help wondering why the authorities are allowing the Browns to keep the proceeds from their auction. The claim that the things sold were personally owned and not part of the corporation that was shut down is ludicrous. It’s been reported that Dian Brown admitted transferring $400,000 of client money from the corporation’s bank account to her personal account. She obviously used the money to buy a lot of things. Those auction proceeds should have been taken by the authorities and placed into an honest escrow account, pending resolution of the restitution of the embezzled funds. Allowing the Browns to take possession of the auction proceeds just seems like exactly what they need to be able to flee the jurisdiction before the matter can be resolved properly.

This is a term we don’t hear much any more; public servants. It used to be that the people we elected into office were there to serve us, the public. Just like the frog in hot water, it’s evolved to the point where they now sit on their thrones and tell us how we are to do their bidding. We are controlled by the very kind of unaccountable royalty that our founding fathers revolted against and tried to prevent from happening here. Forgetting to include a provision limiting the number of terms served was probably the biggest mistake they made when they drafted the Constitution. They were simply too optimistic about the character of people who would run for office.

Blogs breaking logjam of journalism – Between Fox News and the growing blogosphere, the mainstream liberal media are having conniption fits at their loss of monopoly power over what we little people are allowed to know.

Cat fight – Good look at how the disorganized GOP in the PRC will almost certainly mess up the opportunity to exploit the possible recall of Governor Gray-out Doofus.

Daniel Weintraub: California’s sales tax is the ultimate roller coaster – As I’ve always said, any revenue projection made by our State or Federal rulers is nothing more than a WAG (will ass guess). It’s not possible to be anything but that because the actual dollar amounts generated by some kinds of taxes are just impossible to predict with any level of accuracy. It’s always been one of my many pet peeves with the media that they just willingly accept any forecasts as gospel and never challenge the underlying assumptions. They’re still crediting Bill Clinton with producing a five trillion dollar surplus which they then blame Bush for squandering. The Clinton numbers were complete fabrications and were based on the underlying assumption that the stock market would increase by over 20% per year forever, with a continuous flow of taxes from those profits. This may sound like a joke, but is exactly where those projected surpluses came from. Only the biggest mind-numb morons (aka Clinton worshippers) could swallow that load of crap.

The real problem with government budgets has long been that our rulers construct big expensive government programs based on the assumption of their overly optimistic revenue predictions and are later all confused when there is a short-fall.

Some interesting articles on changes in the farming environment here in NorthWest Arkansas. Since we still have a small farming operation here on the KMK Ranch, and many of our clients raise cattle and poultry, we need to stay on top of current and upcoming changes.

Efficient Facility Key for Poultry Growers

Farmers Face Changing Life

Regulatory Creep Affecting Farmer’s Property Rights