Kerry M. Kerstetter, CPA (referred to as The Tax Guru by other CPAs around the country) helps capitalists, investors & small business owners win the tax game. See www.TaxGuru.org for much more detailed info.
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Tax Guru-Ker$tetter Letter
Thursday, January 09, 2003
Bogus Numbers
As I've said on countless occasions, all official numbers describing the effects of changes in the tax law are 100% completely bogus. The numbers are fabricated by morons in DC who don't have a clue as to the real life effects of changes in tax laws. Then, to make the numbers sound even scarier, they use a multi-year bogus total, such as $600 billion over ten years. It's more inflammatory that way, rather than saying $60 billion per year. It would be just as accurate to rail against a $1,000,000 annual tax cut as a trillion dollars over the next million years. Either way, the numbers are absolute B.S. and anyone who cites them as valid is either a liar or an idiot and not to be trusted in the least.
KMK
- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 1/09/2003 05:15:00 PM Send this post:
