Tax Guru-Ker$tetter Letter
Wednesday, November 06, 2002
Voting For Taxes
It was an interesting election around the country yesterday. What surprised me, as well as all of the pollsters, were the defeats of the two Libertarian sponsored ballot measures to remove taxes. In spite of predicted (feared) victories, both the repeal of the income tax in Massachusetts and the removal of the sales tax on human food and over the counter medicine here in Arkansas were severely defeated. It looks like the opponents of these tax reductions wasted a lot of time, energy and money in their efforts to keep them off of the ballot. Their scare tactics of how terrible things would be without those taxes did the job much more efficiently. I can't say I'm pleased with the results; but I am much more willing to accept them from the ballot than from a gang of elite rulers forbidding any say in the matter.
KMK