Tax Guru-Ker$tetter Letter
Saturday, November 15, 2003
Tax refunds expected to jump 27% - Those refund checks should give Bush a big boost in popularity and counter the DemonRats' rants that the tax cuts need to be repealed.
Restraining federal spending - He agrees with my contention that term limits are required to prevent ever more of these unaccountable spending sprees.
Passing down wealth - It's good to see that more people are spending their kids' inheritances. That's how I've always believed it should be.
Bush Is Said to Weigh Changes to the Tax Code - Exempting investment income from taxation makes perfect sense from a capitalist free market perspective. However, in the real world of "Hate the Rich" that is so pervasive in our society, it will be a very tough sell. The most likely scenario is an exemption just for those people whose income falls below some arbitrary level, as is done with dozens of other tax breaks.