Tax Guru – Ker$tetter Letter

It still has a long way to go before becoming reality; but it’s great to see them tackling this issue already. The hysteria from the opponents of repeal is already taking on the tone of their never-ending class warfare that was used in opposition to the recent tax cuts. Although I’m sure many of these people don’t realize it, they are essentially defending the policies of Karl Marx when they fight to allow the government to redistribute people’s wealth after they die.

Tax Credit Windfall Provokes Conservatives – It looks like some people can’t stomach the idea of calling a welfare payment a tax credit. Obviously not the politically correct way to look at this issue.

States levy fees to boost revenues – If they aren’t called “taxes,” they can’t be considered tax increases by our rulers.

More Fund Disclosure Could Mean More Fund Expenses – If investors want mutual funds to do more work in disclosing detailed information, they will have to pay for it. 

Where Tax Credit Is Due. Republicans are in a mess of their own making.

How to adjust your investing, loan and AMT strategies.

Bush Promotes New Tax Cuts

Fate of Tax Credits Rests With Houses Divided

Estate & Gift Taxes – I updated the info on my website regarding these taxes; including a much more detailed explanation of the gift tax, along with links to the actual gift & estate tax forms.

Anti-Tax Crusaders Work for Big Shift. White House Wary Of Broad Changes

Republicans and the Earned Income Tax Credit

Bush plan too rich?

GOP caving to class warfare

Bush’s spending binges – As I’ve said on several occasions, it’s wrong to blame Bush’s tax cuts for the Federal budget deficit, as the lefties are doing. However, if he doesn’t start tightening the screws on the huge growth in spending, he will rightly deserve the credit for contributing to higher deficits and taxes.  His strategy of posing as a DemonRat by spending like crazy to avoid criticism will not work.  DemonRats will always hate Bush no matter what he does, and those of us who want to support him can’t stomach his support of higher government spending.  

The news has been pretty good lately for average taxpayers

House Approves Tax Relief Bill.  $82 Billion Measure Aimed at 6.5 Million Poor Families

House passes its version of child tax credit

It’s the spending, stupid

IRS Wants Proof Before Giving Tax Credit