New format for comics
Posted by taxguru on December 5, 2012
WordPress has changed the layout options for its galleries, making it impossible to automatically sort with the newest on top; so I am trying to post the latest ones in new mini-galleries in the blog posts.
Click on the thumbnails for full-size versions.
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Lesson for redistributionists…
Posted by taxguru on December 5, 2012
Posted in Commies, Rush, TaxHikes, video | Comments Off on Lesson for redistributionists…
Posted by taxguru on December 4, 2012
IRS aims to clarify investment income tax under healthcare law – More confusion for everybody.
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Posted by taxguru on December 3, 2012
Obama’s Now Borrowed More Than All Presidents from Washington to W – Doing his best to spend us into bankruptcy.
Three Reasons for the Rise of Alternative Lending – An interesting look at some other ways to obtain funding for small businesses.
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Posted by taxguru on December 1, 2012
Study: American Households Hit 43-Year Low In Net Worth – 0Bamao is continuing to succeed in his goal to destroy privately held wealth.
Violating the Norquist No-Tax Pledge: It Could Hurt GOP Contenders in 2014 – Of course it will. Haven’t people learned anything from Bush 41’s screw-up in breaking his no new tax promise? That idiotic move cost him his second term in the White House.
Buffett’s Billions Can’t Buy Him Exemption From His Tax-Averse Past – Before he became the media darling of the Left for advocating Marxism, he was just as “unpatriotic” as the rest of us who believe we should be able to keep more of what we earn.
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IRS Interest Rates Same For Another 3 Months
Posted by taxguru on November 30, 2012
The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning Jan. 1, 2013. The rates will be:
- three (3) percent for overpayments [two (2) percent in the case of a corporation];
- three (3) percent for underpayments;
- five (5) percent for large corporate underpayments; and
- one-half (0.5) percent for the portion of a corporate overpayment exceeding $10,000.
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Posted by taxguru on November 29, 2012
GOP Lawmakers May Break Anti-Tax Pledge – from The Onion, which has become virtually indistinguishable from the normal news media.
Companies Shelling Out Billions to Beat the ‘Fiscal Cliff’ – In anticipation of higher taxes on dividends.
Fiscal Cliff: Where Are Your Spending Cuts, Mr. President? – As the naive Bush 41 learned, DemonRats always lie about making future spending cuts in exchange for up-front tax hikes. Spending is never cut in DC. Are the current GOP rulers any less gullible than Bush was?
Two-thirds of millionaires left Britain to avoid 50p tax rate – And the morons in DC think this won’t happen here if they jack up the tax rates on the evil rich.
Conservative think tank scholar: Raise taxes on the middle class – There is some merit in the concept of spreading the tax burden across more than just the top five percent. If more people paid taxes, they would probably be more concerned with the out of control spending by the drunken sailors in DC.
‘Fiscal Cliff’ Could Put Millions of Taxpayers Into ‘AMT Shock’ – The insane AMT will be nailing millions more people.
Dims Plan to raid 401k Accounts – As I have long warned, our rulers in DC have no qualms about breaking promises and changing the rules for retirement plans. I would think that investments in non-liquid assets, such as real estate, will be more difficult for the DC thieves to go after than cash accounts.
The 401(k) Is a $240 Billion Waste
Amid Tax Talks, a Cry of ‘Save My 401(k)!’
Fiscal Cliff: Why Congress Might Have to Mess with the 401(k)
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Posted by taxguru on November 26, 2012
Gun Store Owner Who Banned Obama Supporters Says ‘Business Is Booming‘ –
If top 5% paid 40% of taxes, what is their ‘fair’ share? – It’s never enough to satisfy the class warriors.
Warren Buffett calls for a minimum tax on the wealthy
The Millionaires Who Pay the Highest Tax Rate – Debunking the Buffett lie about how all of the rich are paying a lower rate of tax than their secretaries.
Why Republicans must fight Obama to the death on taxes – I wouldn’t hold my breath expecting them to do this.
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We all need to plan for the upcoming tax increases…
Posted by taxguru on November 24, 2012
Financial Steps to Take Now to Prep for Looming Tax Increases – As with most tax increases, the key to avoiding the new surtaxes is to keep your AGI down. One excellent way to do this is to shift income to a C corp.
Tax increases could factor in MLB negotiations – Trying to front-load income into the years before the tax increases kick in.
South Carolina tax chief resigns after report reveals 4 million taxpayers hacked – This only happened to e-filers’ accounts.
And the GOP wimp-out continues
Top Republican Senator ditches Norquist anti-tax pledge
Graham: I would violate Norquist’s pledge – No surprise from this RINO.
Levin rips Kristol over tax hikes: ‘Stop talking like the lib you used to be’
Sandy-Ravaged New Jersey Families Face $6,933 Tax Hike in Fiscal Cliff Stalemate –
How Would the Fiscal Cliff Affect Typical Families in Each State? – We’re the ninth highest increase here in Arkansas.
Posted in TaxHikes | Comments Off on We all need to plan for the upcoming tax increases…
Tax Guru - Ker$tetter Letter 
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